Noble (NE) insider sale: 29,729 shares at $29.78 reported
Denton Blake, identified as SVP, Marketing & Contracts and a director of Noble Corporation plc (NE), reported an insider sale on 09/08/2025.
Rhea-AI Filing Summary
Denton Blake, identified as SVP, Marketing & Contracts and a director of Noble Corporation plc (NE), reported an insider sale on 09/08/2025. The Form 4 discloses a disposition of 29,729 ordinary shares at a weighted-average price of $29.78, with actual trade prices ranging from $29.76 to $29.85. After the reported transaction, the filing shows 83,182 shares beneficially owned. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/09/2025. No derivative transactions or additional material terms are reported in this filing.
Positive
- None.
Negative
- Insider sale: Disposal of 29,729 ordinary shares by an officer/director could be viewed negatively by some investors
- Reduced holdings: Beneficial ownership decreased to 83,182 shares following the transaction
Insights
TL;DR: Officer sale of 29,729 shares reduces direct holdings to 83,182; transaction disclosed via Form 4.
The reported sale is a straightforward Section 16 disclosure: 29,729 ordinary shares were disposed on 09/08/2025 at a weighted-average price of $29.78, with prices within $29.76–$29.85. The filing documents current beneficial ownership of 83,182 shares. There are no derivative positions or additional compensatory arrangements noted. For investors, this is a routine insider sale disclosure rather than a corporate operational development.
TL;DR: Timely Form 4 filing documents an officer/director sale; record signed by attorney-in-fact.
The Form 4 identifies the reporting person as both an officer and director and shows a reported disposition of shares with a clear price range and post-transaction ownership. The form was executed by an attorney-in-fact on 09/09/2025. The disclosure appears complete for the non-derivative transaction reported; no indications of plan-based sales or Rule 10b5-1 are provided in the document.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | A Ordinary Shares | 29,729 | $29.78 | $885K |
Footnotes (1)
- F1. The price in column 4 is a weighted average. The prices actually received ranged from $29.76 to $29.85. For all transactions reported in this Form 4 utilizing a weighted average price, the Reporting Person undertakes to provide upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range.
FAQ
What transaction did Noble Corporation plc (NE) report on the Form 4?
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