[Form 4] Noble Corp plc Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Noble Corp plc senior vice president of operations Joey M. Kawaja sold 40,000 A Ordinary Shares in open-market transactions on May 5, 2026. The weighted average sale price was $49.855 per share, with individual prices ranging from $49.635 to $50.155. Following these sales, he directly holds 40,071 shares. A prior Form 4 had over-reported his direct holdings by 3 shares due to an administrative error, which this filing corrects.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,000 shares ($1,994,200)
Net Sell
1 txn
Insider
Kawaja Joey M
Role
SVP, Operations
Sold
40,000 shs ($1.99M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | A Ordinary Shares | 40,000 | $49.855 | $1.99M |
Holdings After Transaction:
A Ordinary Shares — 40,071 shares (Direct, null)
Footnotes (1)
- This price reflects the weighted average price for open-market sales of Shares on May 5, 2026 within a $1.00 range. The actual prices for these transactions range from $49.635 to $50.155, 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. The Reporting Person's Form 4 filed on February 17, 2026 over-reported the number of Shares held directly by 3 Shares due to an administrative error. The amount reported in Column 5 of this Form 4 has been updated to correct this error.
Key Figures
Shares sold: 40,000 shares
Weighted average sale price: $49.855 per share
Price range: $49.635–$50.155 per share
+2 more
5 metrics
Shares sold
40,000 shares
A Ordinary Shares sold on May 5, 2026
Weighted average sale price
$49.855 per share
Open-market sales on May 5, 2026
Price range
$49.635–$50.155 per share
Individual trade prices on May 5, 2026
Shares owned after sale
40,071 shares
Direct holdings after May 5, 2026 transactions
Net share change
-40,000 shares
Net sell direction in transaction summary
Key Terms
A Ordinary Shares, open-market sale, weighted average price, administrative error
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"This price reflects the weighted average price for open-market sales"
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.
administrative error financial
"over-reported the number of Shares held directly by 3 Shares due to an administrative error"
FAQ
What insider transaction did Noble Corp (NE) report for Joey M. Kawaja?
Noble Corp reported that SVP of Operations Joey M. Kawaja sold 40,000 A Ordinary Shares in open-market transactions on May 5, 2026. These sales were executed at a weighted average price of $49.855 per share, with a defined intraday price range.
Did the Noble Corp (NE) Form 4 mention any correction to prior filings?
Yes. The Form 4 explains that a previous filing on February 17, 2026 over-reported Joey M. Kawaja’s directly held shares by 3 shares. The updated total of 40,071 shares after the May 5, 2026 transactions corrects that earlier administrative error.
What additional disclosure did Noble Corp (NE) provide about the sale prices?
The filing states the reported $49.855 price is a weighted average across multiple trades within a $1.00 range. It also notes Joey M. Kawaja will provide full details of the number of shares sold at each separate price upon request by regulators or shareholders.