Noble Corp (NE) SVP balances RSU award, tax withholding and 23,255-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Noble Corp plc senior vice president Denton Blake reported multiple transactions in Class A Ordinary Shares. On February 17, 2026, he completed an open-market sale of 23,255 shares at a weighted average price of $43.50 per share, leaving him with 79,261 shares held directly.
On February 12, 2026, Blake first acquired 19,846 shares at $0.00 per share from performance-vested RSUs granted on February 3, 2023, with each unit converting into one share. That same day, 7,810 shares were withheld at $42.10 per share to cover tax obligations upon RSU settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 23,255 shares ($1,011,593)
Net Sell
3 txns
Insider
Denton Blake
Role
SVP, Marketing & Contracts
Sold
23,255 shs ($1.01M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | A Ordinary Shares | 23,255 | $43.50 | $1.01M |
| Grant/Award | A Ordinary Shares | 19,846 | $0.00 | -- |
| Tax Withholding | A Ordinary Shares | 7,810 | $42.10 | $329K |
Holdings After Transaction:
A Ordinary Shares — 79,261 shares (Direct)
Footnotes (1)
- Reflects Class A Ordinary Shares earned under the performance-vested Restricted Stock Units (RSUs) granted on February 3, 2023. Each performance-vested Restricted Stock Unit represents a contingent right to receive one Class A Ordinary Share. Shares withheld by Issuer to satisfy tax withholding requirements on settlement of RSUs. This price reflects the weighted average price for open-market sales of Shares on February 17, 2026 within a $1.00 range. The actual prices for these transactions range from $43.32 to $43.79, inclusive. The Reporting Person further undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares sold at each separate price.
FAQ
What insider transactions did Noble Corp (NE) report for Denton Blake?
Noble Corp reported that SVP Denton Blake sold 23,255 Class A Ordinary Shares, received 19,846 shares from performance-vested RSUs, and had 7,810 shares withheld for taxes. These moves reflect both equity compensation settlement and subsequent open-market selling activity.
How were performance-vested RSUs settled for Noble Corp (NE) executive Denton Blake?
Performance-vested RSUs granted on February 3, 2023, earned by Denton Blake, settled into 19,846 Class A Ordinary Shares. Each performance-vested RSU represented a contingent right to receive one share, illustrating how his equity compensation converted into actual share ownership.
What types of Form 4 transaction codes appear in Noble Corp (NE) insider filing?
The filing includes code A for a grant or award acquisition of 19,846 shares, code F for a tax-withholding disposition of 7,810 shares, and code S for an open-market or private sale of 23,255 shares. Each code highlights a distinct type of insider equity event.