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Insider at Noble Corp (NE) converts RSUs and withholds shares for taxes

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

Rhea-AI Filing Summary

Noble Corp plc insider Caroline Alting, SVP, Ops. Excellence & Sust, reported equity compensation activity involving A Ordinary Shares. On January 26, 2026, 3,622 restricted stock units were converted into A Ordinary Shares at an exercise price of $0 per share.

On the same date, 1,618 A Ordinary Shares were withheld at $34.88 per share to cover tax withholding on the vesting. Following these transactions, Alting directly owned 9,504 A Ordinary Shares and 26,862 restricted stock units, each RSU representing a right to receive one A Ordinary Share. The RSUs vest in three equal annual installments starting from January 26, 2025, one year after the January 26, 2024 grant date.

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*
ALTING CAROLINE

(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, Ops. Excellence & Sust
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 3,622 A (1) 11,122 D
A Ordinary Shares 01/26/2026 F 1,618(2) D $34.88 9,504 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 3,622 (3) (3) A Ordinary Shares 3,622 $0 26,862 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) report for Caroline Alting?

Noble Corp reported that SVP Caroline Alting converted 3,622 restricted stock units into A Ordinary Shares at $0 per share. As part of the same event, 1,618 shares were withheld to satisfy tax obligations related to the RSU vesting.

How many Noble Corp (NE) shares does Caroline Alting hold after this Form 4?

After the reported transactions, Caroline Alting directly holds 9,504 A Ordinary Shares of Noble Corp. She also beneficially owns 26,862 restricted stock units, each representing a contingent right to receive one additional A Ordinary Share in the future.

Why were 1,618 Noble Corp (NE) shares withheld in this filing?

The 1,618 A Ordinary Shares were withheld by Noble Corp to meet tax withholding requirements triggered by the vesting of restricted stock units. This is a common administrative mechanism that settles tax liabilities without the insider selling shares in the open market.

What do the restricted stock units in Noble Corp (NE) represent for Caroline Alting?

Each restricted stock unit represents a contingent right for Caroline Alting to receive one A Ordinary Share of Noble Corp. These RSUs are a form of equity compensation that convert into shares as they vest over time, aligning management incentives with shareholders.

How do Caroline Alting’s Noble Corp (NE) RSUs vest over time?

Caroline Alting’s restricted stock units vest in three equal annual installments. The vesting schedule begins on the first anniversary of the grant date, January 26, 2024, meaning installments start on January 26, 2025 and continue annually thereafter, subject to continued service.

What does transaction code M mean in the Noble Corp (NE) Form 4?

Transaction code M in the Form 4 indicates the exercise or conversion of a derivative security, such as restricted stock units, into underlying shares. Here it reflects 3,622 RSUs converting into A Ordinary Shares for Caroline Alting as part of her compensation.
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