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Noble (NE) SVP Mikkel Ipsen logs RSU vesting and tax share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
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.
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 CITY WEST 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)
01/26/2026
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 01/26/2026 M 2,264 A (1) 6,658 D
A Ordinary Shares 01/26/2026 F 1,011(2) D $34.88 5,647 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
Restricted Stock Units (1) 01/26/2026 M 2,264 (3) (3) A Ordinary Shares 2,264 $0 14,049 D
Explanation of Responses:
1. Each restricted stock unit (RSU) represents a contingent right to receive one Class A Ordinary Share.
2. Shares withheld by Issuer to satisfy tax withholding requirements on vesting of RSUs.
3. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, which was January 26, 2024.
Remarks:
/s/ Jennie Howard, as attorney-in-fact 01/28/2026
** 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 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.

How many Noble Corp (NE) shares does Mikkel Ipsen own after this Form 4?

After the reported transactions, Mikkel Ipsen directly owns 5,647 A Ordinary Shares of Noble Corp. In addition, he holds 14,049 restricted stock units, each representing a contingent right to receive one A Ordinary Share upon vesting.

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.

Why were 1,011 Noble Corp (NE) shares withheld in this Form 4?

The 1,011 A Ordinary Shares were withheld by Noble Corp to satisfy tax withholding requirements related to the vesting of restricted stock units. This is a common, non-open-market mechanism used to cover payroll taxes on equity compensation.

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.
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