Noble Corp (NE) director logs RSU vesting, shares and $89K cash
Rhea-AI Filing Summary
Noble Corp plc director Jennings H. Keith reported equity compensation activity on February 3, 2026. He acquired 3,673 A Ordinary Shares at $0 upon vesting of restricted stock units (RSUs), bringing his directly held A Ordinary Shares to 6,904.
Two RSU awards were involved. One RSU grant converted 3,673 units into A Ordinary Shares and cash, and another grant of 2,450 RSUs was settled entirely in cash at $36.43 per unit for an aggregate $89,253.50. Following these transactions, he held 8,532 RSUs from one grant and 6,082 RSUs from another, which vest one year from their grant dates and generally pay 60% in shares and 40% in cash at vesting.
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FAQ
What insider transaction did Noble Corp (NE) report for director Jennings H. Keith?
Jennings H. Keith reported RSU vesting that delivered A Ordinary Shares and cash. He acquired 3,673 A Ordinary Shares at $0 and had part of his restricted stock units settled in cash, reflecting routine equity compensation rather than an open-market trade.
How many Noble Corp (NE) shares does Jennings H. Keith hold after this Form 4?
After the reported transactions, Jennings H. Keith directly holds 6,904 A Ordinary Shares. These shares result from prior holdings plus the 3,673 shares issued at vesting of restricted stock units, as disclosed in the non-derivative securities table.
What restricted stock unit (RSU) activity did Noble Corp (NE) disclose for Jennings H. Keith?
The filing shows two RSU transactions on February 3, 2026. One grant of 3,673 RSUs was exercised to deliver shares and cash, and a separate 2,450-unit RSU award was settled entirely in cash, with remaining RSU balances reported afterward.
How were Noble Corp (NE) RSUs settled for director Jennings H. Keith?
Upon vesting, each RSU generally pays 60% in A Ordinary Shares on a one-for-one basis and 40% in cash. One RSU block of 2,450 units was instead settled fully in cash at $36.43 each, totaling $89,253.50.
What RSU balances does Jennings H. Keith hold in Noble Corp (NE) after the transaction?
Following the February 3, 2026 activity, he holds 8,532 restricted stock units from one grant and 6,082 units from another. These RSUs vest one year from their respective grant dates, with payouts structured between A Ordinary Shares and cash.
Was the Noble Corp (NE) Form 4 transaction an open-market share purchase or sale?
The reported activity reflects equity compensation vesting, not an open-market trade. Shares were issued at $0 upon RSU vesting, and certain RSUs were settled in cash, consistent with the company’s compensation terms for restricted stock units.