Al Nowais LLC files Form 144 to sell NESR shares

Al Nowais Investments LLC reported proposed sales of Common Stock of National Energy Services Reunited Corp (NESR) via a Form 144.

Rhea-AI Filing Summary

Al Nowais Investments LLC reported proposed sales of Common Stock of National Energy Services Reunited Corp (NESR) via a Form 144. The excerpt lists multiple proposed dispositions between 05/13/2026 and 05/22/2026, including specific share amounts and gross proceeds for each date.

Insights

Securities Compliance Analyst

Form 144 lists proposed sale dates and amounts by Al Nowais Investments LLC.

The filing excerpt documents proposed dispositions of Common Stock on specific dates with per‑trade share counts and gross proceeds. It functions as a notice of intended sales under Section 15(g) and related rules.

Cash‑flow treatment and whether sales occurred are not shown in the excerpt; subsequent filings or broker reports would confirm executed trades.

Equity Capital Markets Specialist

Multiple block sale notices appear concentrated in mid‑May 2026, showing sizeable single‑day proposed volumes.

The schedule shows proposed dispositions on 05/13/2026, 05/14/2026, 05/18/2026, 05/19/2026, 05/20/2026, and 05/22/2026 with per‑trade share counts and gross values listed.

Execution method and ultimate market impact are not disclosed here; actual market effects depend on whether and how the notices were executed.

Key Figures

Proposed sale on 05/20/2026: 573,544 shares Proposed sale on 05/13/2026: 223,626 shares Proposed sale on 05/22/2026: 242,497 shares +3 more

6 metrics

Proposed sale on 05/20/2026 573,544 shares listed with gross proceeds $14,990,375.00

Proposed sale on 05/13/2026 223,626 shares listed with gross proceeds $6,004,112.11

Proposed sale on 05/22/2026 242,497 shares listed with gross proceeds $6,338,798.00

Form reference date 05/26/2026 date shown in header associated with filing information

Sample single‑trade proceeds on 05/20/2026 $14,990,375.00 gross proceeds listed for the 573,544‑share line

Listed figure in header 100,847,255 numeric value shown in header row (context not further specified)

Key Terms

Form 144, SPAC IPO, Proposed disposition

3 terms

Form 144 regulatory

"144: Securities To Be Sold | Common Stock | 05/13/2018 | SPAC IPO"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

SPAC IPO financial

"Common Stock | 05/13/2018 | SPAC IPO | Issuer"

A SPAC IPO is a public offering that creates a blank-check company—a shell company that raises money from investors through a stock sale with the specific purpose of finding and buying a private business later. It matters to investors because buying into a SPAC is a bet on the managers’ ability to find a good acquisition; think of it as funding a search team rather than a specific product, which can mean faster routes to public markets but also unique risks like deal uncertainty, dilution, and time limits.

Proposed disposition regulatory

"144: Securities Sold During The Past 3 Months | Al Nowais Investments LLC ... | Common Stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does NESR Form 144 filed by Al Nowais Investments LLC indicate?

It indicates proposed sales of NESR common stock by Al Nowais Investments LLC on specific mid‑May 2026 dates. The excerpt lists share counts and gross proceeds per date, serving as a regulatory notice of intended dispositions under applicable rules.

How many shares did Al Nowais Investments LLC propose to sell on 05/20/2026 in the Form 144?

The filing shows a proposed sale of 573,544 shares of Common Stock on 05/20/2026. The excerpt also lists a gross proceeds figure of $14,990,375.00 associated with that trade.

Are the Form 144 entries proof that the NESR shares were actually sold?

No; a Form 144 is a notice of an intended sale, not conclusive proof of execution. The excerpt lists proposed dates and amounts; confirmation requires subsequent trade reports or broker transaction records showing execution.

Which dates and sample trade amounts are listed in the NESR Form 144 excerpt?

The excerpt lists proposed dispositions on 05/13/2026, 05/14/2026, 05/18/2026, 05/19/2026, 05/20/2026, and 05/22/2026. Sample amounts include 223,626 and 573,544 shares on two listed dates.

Who is the broker or underwriter shown on the Form 144 excerpt for NESR trades?

The excerpt names Piper Sandler & Co with an address at 350 N 5th St Ste 1000, Minneapolis, and lists NASDAQ as the exchange. The broker is shown in the securities/filing header in the provided text.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/26/2026 - 04:59 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001743763
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	National Energy Services Reunited Corp.
SEC File Number	001-38091
Address of Issuer	777 POST OAK BLVD. 7TH FLOOR HOUSTON TEXAS 77056
Phone	(832) 925-3777
Name of Person for Whose Account the Securities are To Be Sold	Al Nowais Investments LLC
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Piper Sandler & Co Inc 350 N 5th St Ste 1000 Minneapolis MN 55401	457391	11841852.99	100847255	05/26/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	05/13/2018	SPAC IPO	Issuer			457391	05/13/2018	NA

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Al Nowais Investments LLC C/O National Energy Services Reunited Corp 777 Post Oak Blvd 7th Floor Houston TX 77056	Common Stock	05/13/2026	223626	6004112.11
Al Nowais Investments LLC C/O National Energy Services Reunited Corp 777 Post Oak Blvd 7th Floor Houston TX 77056	Common Stock	05/14/2026	81302	2142437.78
Al Nowais Investments LLC C/O National Energy Services Reunited Corp 777 Post Oak Blvd 7th Floor Houston TX 77056	Common Stock	05/18/2026	220568	5748465.27
Al Nowais Investments LLC C/O National Energy Services Reunited Corp 777 Post Oak Blvd 7th Floor Houston TX 77056	Common Stock	05/19/2026	3500	91455.00
Al Nowais Investments LLC C/O National Energy Services Reunited Corp 777 Post Oak Blvd Houston TX 77056	Common Stock	05/20/2026	573544	14990375.00
Al Nowais Investments LLC C/O National Energy Services Reunited Corp 777 Post Oak Blvd, 7th Floor Houston TX 77056	Common Stock	05/22/2026	242497	6338798.00

144: Remarks and Signature

Remarks
Date of Notice	05/26/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Dan Schmidt, a duly authorized representative of Piper Sandler & Co Corporate & Venture Services FA, as attorney-in-fact for Al Nowais Investments
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)