Noble (NE) SVP Mikkel Ipsen logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Noble Corp plc SVP Mikkel Ipsen reported routine equity compensation activity. On January 26, 2026, 2,264 restricted stock units were converted into an equal number of A Ordinary Shares at an exercise price of $0. To cover tax withholding on the RSU vesting, 1,011 A Ordinary Shares were withheld by Noble at $34.88 per share.
After these transactions, Ipsen directly owned 5,647 A Ordinary Shares and 14,049 restricted stock units, each RSU representing the right to receive one A Ordinary Share. The RSUs vest in three equal annual installments starting from January 26, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,264 shares exercised/converted
Mixed
3 txns
Insider
IPSEN MIKKEL
Role
SVP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,264 | $0.00 | -- |
| Exercise | A Ordinary Shares | 2,264 | $0.00 | -- |
| Tax Withholding | A Ordinary Shares | 1,011 | $34.88 | $35K |
Holdings After Transaction:
Restricted Stock Units — 14,049 shares (Direct);
A Ordinary Shares — 6,658 shares (Direct)
Footnotes (1)
- Each restricted stock unit (RSU) represents a contingent right to receive one Class A Ordinary Share. Shares withheld by Issuer to satisfy tax withholding requirements on vesting of RSUs. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, which was January 26, 2024.
FAQ
What insider transaction did Noble Corp (NE) SVP Mikkel Ipsen report?
Mikkel Ipsen reported the vesting of 2,264 restricted stock units into A Ordinary Shares at a $0 exercise price. In connection with the vesting, Noble withheld 1,011 shares at $34.88 per share to satisfy tax withholding obligations.
What does the RSU transaction code "M" mean in the Noble (NE) Form 4?
Transaction code “M” indicates the exercise or conversion of a derivative security, here restricted stock units, into A Ordinary Shares. In this filing, 2,264 RSUs were converted into 2,264 A Ordinary Shares at a stated exercise price of $0 per share.
How do Mikkel Ipsen’s Noble (NE) RSUs vest after this filing?
The restricted stock units vest in three equal annual installments beginning on the first anniversary of the January 26, 2024 grant date. Each vested RSU gives Ipsen the right to receive one Class A Ordinary Share of Noble Corp upon settlement.
What is the relationship of Mikkel Ipsen to Noble Corp (NE)?
Mikkel Ipsen is an officer of Noble Corp, serving as Senior Vice President, Human Resources. He is not listed as a director or 10% owner in this filing, and the Form 4 reports his personal equity compensation activity in the company.