Noble Corp (NE) director reports non-minor child’s sale of 724 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Noble Corp plc director Charles M. Sledge reported an open-market sale associated with his non-minor child’s holdings. The filing shows 724 A Ordinary Shares were sold on May 12, 2026 at a weighted average price of $51.608 per share, with individual trade prices ranging from $51.58 to $51.66.
After these transactions, the non-minor child’s indirect holdings attributed to Sledge totaled 1,360 A Ordinary Shares, while Sledge’s direct holdings are reported at 34,894 A Ordinary Shares. This indicates a relatively small sale compared with the overall position reported in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 724 shares ($37,364)
Net Sell
2 txns
Insider
SLEDGE CHARLES M
Role
null
Sold
724 shs ($37K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | A Ordinary Shares | 724 | $51.608 | $37K |
| holding | A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
A Ordinary Shares — 1,360 shares (Indirect, Daughter);
A Ordinary Shares — 34,894 shares (Direct, null)
Footnotes (1)
- Number of shares sold by the non-minor child of the Reporting Person. This price reflects the weighted average price for open-market sales of Shares on May 12, 2026 within a $1.00 range. The actual prices for these transactions range from $51.58 to $51.66, 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. These shares are held by the non-minor child of the Reporting Person. The Reporting Person may be deemed to have beneficial ownership of the securities held by the non-minor child.
Key Figures
Shares sold: 724 A Ordinary Shares
Weighted average sale price: $51.608 per share
Sale price range: $51.58–$51.66 per share
+3 more
6 metrics
Shares sold
724 A Ordinary Shares
Open-market sale on May 12, 2026
Weighted average sale price
$51.608 per share
A Ordinary Shares sold on May 12, 2026
Sale price range
$51.58–$51.66 per share
Individual trades on May 12, 2026
Direct holdings after transaction
34,894 A Ordinary Shares
Direct ownership reported for Charles M. Sledge
Indirect holdings after transaction
1,360 A Ordinary Shares
Held by non-minor child, beneficially owned
Net shares sold
724 A Ordinary Shares
Net-sell direction in transaction summary
Key Terms
beneficial ownership, weighted average price, open-market sales, indirect ownership
4 terms
beneficial ownership financial
"The Reporting Person may be deemed to have beneficial ownership of the securities held by the non-minor child."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
weighted average price financial
"This price reflects the weighted average price for open-market sales of Shares on May 12, 2026 within a $1.00 range."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sales financial
"This price reflects the weighted average price for open-market sales of Shares on May 12, 2026 within a $1.00 range."
Open-market sales are when a shareholder or a company sells shares directly on the public stock market rather than through a private deal. Investors care because these sales increase the number of shares available for purchase—like several homeowners putting houses for sale at once—which can lower the stock price, change liquidity, and signal how confident large holders are about the company’s prospects.
indirect ownership financial
"These shares are held by the non-minor child of the Reporting Person."
FAQ
What insider transaction did Noble Corp (NE) report for Charles M. Sledge?
Noble Corp reported that director Charles M. Sledge filed a Form 4 showing an open-market sale of 724 A Ordinary Shares tied to his non-minor child’s account, with indirect beneficial ownership attributed to him and remaining indirect holdings of 1,360 shares.
What are Charles M. Sledge’s direct and indirect Noble Corp (NE) holdings after the sale?
After the reported transactions, Sledge’s direct holdings are 34,894 A Ordinary Shares. Indirectly, through his non-minor child, he is deemed to beneficially own 1,360 A Ordinary Shares, reflecting the position remaining after the 724-share sale disclosed in the filing.
Was the Noble Corp (NE) insider transaction a direct or indirect holding for Sledge?
The 724-share sale involved an indirect holding, coded as “I” for indirect ownership. The filing explains the shares are held by Sledge’s non-minor child, with Sledge potentially deemed a beneficial owner rather than holding the shares directly in his own name.