Noble Corp Form 4: Director Douglas Patrice D receives 1,276 shares; 851 RSUs cashed

Rhea-AI Filing Summary

Noble Corporation plc director Douglas Patrice D reported the vesting and settlement of restricted stock units on 09/04/2025. The Form 4 shows two RSU settlements: 1,276 RSUs converted 1-for-1 into A Ordinary Shares and 851 RSUs settled in cash at $28.25 per share for an aggregate cash payment of $24,040.75. Following these transactions, the reporting person beneficially owns 5,025 A Ordinary Shares as corrected from a prior Form 3 rounding error, and total reported RSU-derived share holdings are 6,974 and 6,123 in the two reported lines respectively. The filing corrects the previously reported share count from 3,750 to 3,749 due to a rounding adjustment.

Insights

Securities Analyst

TL;DR: Routine executive equity vesting and minor correction; limited market impact.

The Form 4 documents standard compensation-driven equity activity rather than open-market trading. Vesting produced both share issuance and cash settlement, with 1,276 RSUs issued as A Ordinary Shares and 851 RSUs settled for $24,040.75. The corrected ownership from 3,750 to 3,749 is an immaterial rounding fix. These events change insider holdings modestly but do not indicate new purchases, sales for liquidity, or material shifts in insider conviction.

Corporate Governance Expert

TL;DR: Administrative correction and routine RSU vesting; governance signals are neutral.

The filing reflects expected compensation mechanics: mixed-share-and-cash settlement per plan terms with 60%/40% settlement mechanics noted for RSUs. The signature by an attorney-in-fact and the explicit correction to prior filings show attention to disclosure compliance. No departures, option exercises beyond vesting, or unusual transactions are reported.

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)
09/04/2025

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	09/04/2025		M		1,276	A	$0	5,025(1)	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	(2)	09/04/2025		M			1,276	(3)	(3)	A Ordinary Shares	1,276	$0	6,974	D
Restricted Stock Units	(2)	09/04/2025		M			851	(3)	(3)	A Ordinary Shares	851	(4)	6,123	D

Explanation of Responses:

1. The amount corrects the number of shares reported on the form 3 filed September 5th, 2024. The reported holding was 3,750, which was incorrectly rounded up by one share. The correct number of shares was 3,749 and this form 4 corrects this rounding error by adjusting the number of shares reported down by one share.

2. 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.

3. The RSUs vest one year from the date of grant.

4. Restricted stock units settled in cash at $28.25 for an aggregate amount of $24,040.75.

Remarks:

	/s/ Jennie Howard, as attorney-in-fact	09/05/2025
	** 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).
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FAQ

What did Noble Corporation (NE) report on the Form 4 filed by Douglas Patrice D?

The Form 4 reports RSU vesting on 09/04/2025 with 1,276 RSUs issued as A Ordinary Shares and 851 RSUs settled in cash for $24,040.75.

How many A Ordinary Shares does the reporting person beneficially own after the reported transactions?

The filing shows 5,025 A Ordinary Shares beneficially owned following the reported transaction on the specified line; corrected prior filing reduced one share from 3,750 to 3,749.

What was the cash settlement price for the RSUs on this Form 4?

Restricted stock units settled in cash at $28.25 per share, totaling $24,040.75 for 851 RSUs.

Did the Form 4 include any non-routine transactions or deviations from standard compensation practice?

No. The Form 4 documents routine RSU vesting and an administrative correction; there are no open-market purchases, sales, or unusual derivative exercises reported.

Who signed the Form 4 and when was it filed?

The Form was signed by Jennie Howard, as attorney-in-fact on 09/05/2025.