Noble (NE) director RSUs vest, mixing A Ordinary Shares and cash

Rhea-AI Filing Summary

Noble Corp plc director Douglas Patrice D reported the vesting and settlement of restricted stock units (RSUs) tied to A Ordinary Shares on February 3, 2026. He acquired 3,673 A Ordinary Shares at $0 through an RSU conversion. Additional RSUs were settled in cash at $36.43 per share for an aggregate $89,253.50, and other RSUs remain outstanding. Following these transactions, he directly held 8,698 A Ordinary Shares, along with RSU awards including 8,532 and 6,082 units that pay 60% in shares and 40% in cash upon vesting.

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

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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^*

Douglas Patrice D

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

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	02/03/2026		M		3,673	A	$0	8,698	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)	02/03/2026		M			3,673	(2)	(2)	A Ordinary Shares	3,673	$36.43	8,532	D
Restricted Stock Units	(1)	02/03/2026		M			2,450	(2)	(2)	A Ordinary Shares	2,450	(3)	6,082	D

Explanation of Responses:

1. Upon vesting, each restricted stock unit (RSU) will become payable 60% in A Ordinary Shares on a 1 for 1 basis and 40% in cash based on the cash value of the underlying A Ordinary Shares on the date of vesting.

2. The restricted stock units (RSU) vest one year from the date of grant.

3. Restricted stock units settled in cash at $36.43 for an aggregate amount of $89,253.50.

Remarks:

	/s/ Jennie Howard, as attorney-in-fact	02/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Noble Corp (NE) report for Douglas Patrice D?

Noble Corp director Douglas Patrice D reported RSU vesting and settlement on February 3, 2026. He received 3,673 A Ordinary Shares at $0 from RSU conversion, while other RSUs were partly settled in cash and partly left outstanding for future share and cash delivery.

How many Noble Corp (NE) shares did the director receive from RSU vesting?

The director received 3,673 A Ordinary Shares at $0 upon RSU vesting. These shares came from restricted stock units converting on a one-for-one basis into stock, reflecting the equity portion of his compensation in addition to RSUs that remain outstanding for future settlement.

How are Noble Corp (NE) restricted stock units structured for this director?

Each Noble Corp RSU for this director pays 60% in A Ordinary Shares and 40% in cash upon vesting. The cash portion is based on the share value on the vesting date, while the stock portion converts one-for-one into A Ordinary Shares, aligning compensation with share performance.

What cash amount was generated from Noble Corp (NE) RSUs in this filing?

Some RSUs were settled entirely in cash at $36.43 per share for an aggregate $89,253.50. This reflects the cash-based portion of the director’s equity awards, paid according to the underlying A Ordinary Share value on the vesting date, rather than additional share issuance.

How many Noble Corp (NE) shares does the director hold after the reported transactions?

After the reported RSU-related transactions, the director directly held 8,698 A Ordinary Shares. He also continued to hold derivative awards, including 8,532 and 6,082 restricted stock units, which are scheduled to deliver a mix of stock and cash upon their respective vesting dates.

What do the transaction code "M" entries mean in Noble Corp (NE) Form 4?

Transaction code “M” indicates the exercise or conversion of derivative securities, in this case restricted stock units. For Noble Corp, it shows RSUs converting into A Ordinary Shares or cash, reflecting the scheduled vesting of equity awards rather than open-market purchases or sales.