What is the mix of share and cash settlement for Noble Corp (NE) RSUs?

Upon vesting, each Noble Corp restricted stock unit pays 60% in A Ordinary Shares and 40% in cash. The cash portion is calculated using the cash value of the underlying A Ordinary Shares on the vesting date, as described in the Form 4 footnotes.

Noble director Hirshberg converts RSUs into NE shares

Noble Corp plc director Al J. Hirshberg reported equity award activity on February 3, 2026.

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Form Type

Rhea-AI Filing Summary

Noble Corp plc director Al J. Hirshberg reported equity award activity on February 3, 2026. He acquired 3,673 A Ordinary Shares at $0 per share through the conversion of restricted stock units, bringing his direct holdings to 32,803 shares, plus 5,000 shares held indirectly through the Charles S. Hirshberg, M.D. Revocable Trust.

On the same date, 3,673 restricted stock units and another 2,450 units were reported as derivative transactions. The filing explains that each RSU pays 60% in A Ordinary Shares on a one-for-one basis and 40% in cash at vesting, and that a portion of units was settled in cash at $36.43 per share for an aggregate of $89,253.50. RSUs vest one year from the grant date.

Insider Trade Summary

6,123 shares exercised/converted

Exercise 4 txns

Insider Hirshberg Al J.

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	3,673	$36.43	$134K
Exercise	Restricted Stock Units	2,450	$0.00	$0.00
Exercise	A Ordinary Shares	3,673	$0.00	$0.00
holding	A Ordinary Shares	--	--	--

Holdings After Transaction: Restricted Stock Units — 6,082 contracts (Direct); A Ordinary Shares — 32,803 shares (Direct); A Ordinary Shares — 5,000 shares (Indirect, Charles S. Hirshberg, M.D. Revocable Trust)

Footnotes (3)

F1. 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.
F2. The restricted stock units (RSU) vest one year from the date of grant.
F3. Restricted stock units settled in cash at $36.43 for an aggregate amount of $89,253.50.

FAQ

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What insider activity did Noble Corp (NE) disclose for Al J. Hirshberg?

Noble Corp reported that director Al J. Hirshberg acquired 3,673 A Ordinary Shares at $0 per share via restricted stock unit conversion, increasing his direct holdings to 32,803 shares, with an additional 5,000 shares held indirectly through the Charles S. Hirshberg, M.D. Revocable Trust.

How many Noble Corp (NE) shares does Al J. Hirshberg own after this Form 4?

After the reported transactions, Al J. Hirshberg directly owns 32,803 A Ordinary Shares of Noble Corp and indirectly holds 5,000 A Ordinary Shares through the Charles S. Hirshberg, M.D. Revocable Trust, as disclosed in the Form 4 insider ownership table.

How do Al J. Hirshberg’s restricted stock units work at Noble Corp (NE)?

Each restricted stock unit vests one year from the grant date and then becomes payable 60% in A Ordinary Shares on a one-for-one basis and 40% in cash, based on the cash value of the underlying shares on the vesting date.

What RSU transactions did Noble Corp (NE) report for Al J. Hirshberg on February 3, 2026?

The filing shows two RSU transactions coded “M” on February 3, 2026: 3,673 restricted stock units tied to 3,673 A Ordinary Shares at $36.43, and 2,450 restricted stock units, with derivative holdings after these transactions of 8,532 and 6,082 units respectively.

How much cash did Noble Corp (NE) pay from RSU settlement for Al J. Hirshberg?

Restricted stock units for Al J. Hirshberg were settled in cash at $36.43 per underlying A Ordinary Share, resulting in an aggregate cash payment of $89,253.50, according to the explanatory footnote in the Form 4 filing.

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Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/05/2026 - 05:20 PM EST

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Hirshberg Al J.

(Last)

(First)

(Middle)

2101 CITY WEST BOULEVARD, SUITE 600

(Street)

HOUSTON

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
A Ordinary Shares	02/03/2026		M		3,673	A	$0	32,803	D
A Ordinary Shares								5,000	I	Charles S. Hirshberg, M.D. Revocable Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR