Noble Corp (NE) CEO pre-planned sale of 50,000 A Ordinary Shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Noble Corp plc President & CEO Robert W. Eifler sold 50,000 A Ordinary Shares in open-market transactions. The sales took place on June 15, 2026 in two blocks: 17,071 shares at a weighted average price of $45.708 per share and 32,929 shares at a weighted average price of $45.404 per share. These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025, indicating they were scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares ($2,275,390)
Net Sell
2 txns
Insider
Eifler Robert W.
Role
President & CEO
Sold
50,000 shs ($2.28M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | A Ordinary Shares | 32,929 | $45.404 | $1.50M |
| Sale | A Ordinary Shares | 17,071 | $45.708 | $780K |
Holdings After Transaction:
A Ordinary Shares — 1,210,899 shares (Direct, null)
Footnotes (1)
- This transaction was executed pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 12, 2025. This price reflects the weighted average price for open-market sales of Shares on June 15, 2026 within a $1.00 range. The actual prices for these transactions range from $45.095 to $45.545, 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. This price reflects the weighted average price for open-market sales of Shares on June 15, 2026 within a $1.00 range. The actual prices for these transactions range from $45.55 to $46.13, 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.
Key Figures
Total shares sold: 50,000 shares
First block sold: 17,071 shares at $45.708
Second block sold: 32,929 shares at $45.404
+3 more
6 metrics
Total shares sold
50,000 shares
Net open-market sales on June 15, 2026
First block sold
17,071 shares at $45.708
A Ordinary Shares, open-market sale
Second block sold
32,929 shares at $45.404
A Ordinary Shares, open-market sale
Price range block 1
$45.095–$45.545
Actual trade prices within $1.00 range, block 1
Price range block 2
$45.55–$46.13
Actual trade prices within $1.00 range, block 2
Rule 10b5-1 plan adoption date
December 12, 2025
Plan governing June 15, 2026 sales
Key Terms
Rule 10b5-1 plan, A Ordinary Shares, weighted average price
3 terms
Rule 10b5-1 plan regulatory
"This transaction was executed pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 12, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"This price reflects the weighted average price for open-market sales of Shares on June 15, 2026 within a $1.00 range."
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.
FAQ
What did Noble Corp (NE) CEO Robert Eifler report in this Form 4?
Robert W. Eifler reported selling 50,000 A Ordinary Shares of Noble Corp plc in open-market transactions. The sales occurred on June 15, 2026 under a pre-arranged Rule 10b5-1 trading plan adopted in December 2025.
What type of transactions did the Noble Corp (NE) Form 4 disclose?
The Form 4 discloses open-market sales of A Ordinary Shares, coded “S” for sale. Both transactions are non-derivative, meaning they involve actual shares, not options or other derivative securities, and were executed on June 15, 2026.
How are the Noble Corp (NE) CEO’s sale prices described in the Form 4?
Each transaction shows a weighted average price for multiple trades within a $1.00 range. One block ranged from $45.095 to $45.545, and the other from $45.55 to $46.13, with detailed trade data available on request.