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Noble Corp (NYSE: NE) HR SVP sells shares after RSU vesting

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Noble Corp plc senior vice president of human resources Mikkel Ipsen reported multiple share transactions involving Class A Ordinary Shares. On February 12, 2026, he acquired 10,824 shares through the exercise of performance-vested RSUs and disposed of 4,260 shares at $42.10 to cover tax withholding.

On February 17, 2026, he completed an open-market sale of 3,453 shares at an average price of $43.56. After these transactions, he directly held 11,854 Class A Ordinary Shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
IPSEN MIKKEL

(Last) (First) (Middle)
2101 CITYWEST BOULEVARD, SUITE 600

(Street)
HOUSTON TX 77042

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Noble Corp plc [ NE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Human Resources
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
A Ordinary Shares 02/12/2026 M 10,824(1) A (2) 19,567 D
A Ordinary Shares 02/12/2026 F 4,260(3) D $42.1 15,307 D
A Ordinary Shares 02/17/2026 S 3,453 D $43.56 11,854 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects Class A Ordinary Shares earned under the performance-vested Restricted Stock Units (RSUs) granted on February 3, 2023.
2. Each performance-vested Restricted Stock Unit represents a contingent right to receive one Class A Ordinary Share.
3. Shares withheld by Issuer to satisfy tax withholding requirements on settlement of RSUs.
Remarks:
/s/ Jennie Howard, as attorney-in-fact 02/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did IPSEN MIKKEL report for Noble Corp (NE)?

IPSEN MIKKEL reported exercising performance-vested RSUs, a tax-related share disposition, and an open-market sale of Noble Corp Class A Ordinary Shares. These actions changed his direct holdings and reflect routine equity compensation and related tax withholding activity.

How many Noble Corp (NE) shares did IPSEN MIKKEL sell and at what prices?

He sold 3,453 Class A Ordinary Shares in an open-market transaction at an average price of $43.56. Separately, 4,260 shares were disposed of at $42.10 per share to satisfy tax withholding obligations tied to RSU settlement.

What equity awards were involved in IPSEN MIKKEL’s Noble Corp (NE) Form 4 filing?

The filing shows performance-vested Restricted Stock Units granted on February 3, 2023. On February 12, 2026, 10,824 Class A Ordinary Shares were earned and delivered upon RSU vesting, with each RSU representing a contingent right to receive one Class A Ordinary Share.

Why were some Noble Corp (NE) shares withheld in IPSEN MIKKEL’s transactions?

Shares were withheld by Noble Corp to satisfy tax withholding requirements when the performance-vested RSUs settled. This resulted in the disposition of 4,260 shares, as disclosed, to cover associated tax liabilities rather than a discretionary open-market sale.

What is IPSEN MIKKEL’s Noble Corp (NE) share ownership after these transactions?

Following the RSU-related share delivery, tax withholding disposition, and subsequent open-market sale, IPSEN MIKKEL directly owns 11,854 Noble Corp Class A Ordinary Shares, as reported in the Form 4’s post-transaction ownership column.
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