Noble Corp (NE) CFO Barker reports RSU vesting and tax-share withholding
Rhea-AI Filing Summary
Noble Corp plc executive Richard B. Barker, EVP and CFO, reported RSU vesting and related share activity. On February 3, 2026, 6,627 and 9,644 restricted stock units converted into an equal number of A Ordinary Shares at a conversion price of $0 per share.
To cover tax withholding on these RSU vestings, the issuer withheld 2,608 and 3,795 A Ordinary Shares at $36.43 per share. After these transactions, Barker directly held 312,897 A Ordinary Shares, along with 64,152 and 54,508 remaining restricted stock units.
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FAQ
What insider transaction did Noble Corp (NE) report for EVP and CFO Richard Barker?
EVP and CFO Richard Barker reported RSU vesting and related share withholding. On February 3, 2026, 6,627 and 9,644 RSUs converted into A Ordinary Shares, with a portion of the resulting shares withheld by Noble Corp to satisfy tax obligations tied to the vesting.
How many Noble Corp (NE) restricted stock units vested for Richard Barker on February 3, 2026?
On February 3, 2026, 6,627 and 9,644 restricted stock units vested for Richard Barker. Each RSU represents a contingent right to receive one A Ordinary Share, so the vesting resulted in an equivalent number of A Ordinary Shares being issued to him under the equity awards.
Why were some Noble Corp (NE) shares withheld in Richard Barker’s Form 4 filing?
Some shares were withheld to satisfy tax withholding requirements. Specifically, Noble Corp withheld 2,608 and 3,795 A Ordinary Shares at $36.43 per share in connection with the RSU vesting, rather than requiring Richard Barker to pay the associated tax obligations in cash.
How many Noble Corp (NE) A Ordinary Shares does Richard Barker hold after these transactions?
After the February 3, 2026 transactions, Richard Barker directly held 312,897 A Ordinary Shares. This total reflects the RSUs that converted into shares as well as the shares withheld for taxes, as reported in the non-derivative securities table of the Form 4 filing.
What ongoing RSU awards does Noble Corp (NE) EVP and CFO Richard Barker still hold?
Following the reported vesting, Richard Barker continued to hold 64,152 and 54,508 restricted stock units. These RSUs vest in three equal annual installments beginning on the first anniversary of their grant dates, which were February 3, 2023, and February 3, 2025, respectively.
How do Richard Barker’s Noble Corp (NE) RSUs convert into A Ordinary Shares?
Each restricted stock unit held by Richard Barker represents a contingent right to receive one A Ordinary Share. Upon vesting, the RSUs convert on a one-for-one basis into A Ordinary Shares, with Noble Corp sometimes withholding a portion of the shares to cover applicable tax obligations.