Noble Corp (NYSE: NE) SVP Denton Blake reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Noble Corp plc senior vice president Denton Blake reported routine equity compensation activity. On January 26, 2026, 3,622 restricted stock units were converted into A Ordinary Shares, reflecting RSU vesting. To cover tax withholding on this vesting, 1,618 A Ordinary Shares were withheld by the issuer at $34.88 per share.
Following these transactions, Blake directly owned 85,186 A Ordinary Shares and held 22,576 restricted stock units, each representing a contingent right to receive one A Ordinary Share under the company’s vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,622 shares exercised/converted
Mixed
3 txns
Insider
Denton Blake
Role
SVP, Marketing & Contracts
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,622 | $0.00 | -- |
| Exercise | A Ordinary Shares | 3,622 | $0.00 | -- |
| Tax Withholding | A Ordinary Shares | 1,618 | $34.88 | $56K |
Holdings After Transaction:
Restricted Stock Units — 22,576 shares (Direct);
A Ordinary Shares — 86,804 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) disclose for Denton Blake?
Noble Corp reported that SVP Denton Blake had 3,622 restricted stock units vest into A Ordinary Shares. As part of this routine compensation event, some shares were withheld to satisfy tax obligations tied directly to the RSU vesting.
How do the Noble Corp (NE) restricted stock units for Denton Blake vest?
The restricted stock units vest in three equal annual installments beginning one year after the grant date, January 26, 2024. Each vested unit converts into one A Ordinary Share, aligning executive compensation with longer-term company performance.
What do Noble Corp (NE) restricted stock units represent in this Form 4?
Each restricted stock unit represents a contingent right to receive one Class A Ordinary Share of Noble Corp. These units convert into shares as they vest over time, according to the three-year vesting schedule disclosed in the filing footnotes.