STOCK TITAN

Al Nowais LLC to sell 223,626 NESR shares via Piper Sandler (NESR)

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Al Nowais Investments LLC submitted a Form 144 notice regarding the proposed sale of 223,626 shares of Common Stock of National Energy Services Reunited Corp (NESR) on 05/13/2026. The filing shows aggregate proceeds of $6,004,112.11. The transaction is listed with Piper Sandler & Co as the broker.

Positive

  • None.

Negative

  • None.

Insights

Form 144 records a registered holder's proposed resale of shares via a broker.

Form 144 is a regulatory notice that permits a holder to sell restricted or control securities; this filing records 223,626 shares tied to 05/13/2026 and lists $6,004,112.11 as aggregate proceeds. The broker named is Piper Sandler & Co.

The filing itself is administrative and does not report completion of the sale or secondary-market timing. Subsequent SEC filings would report actual dispositions or any related Form 4/Form 5 entries if required.

Shares proposed for sale 223,626 shares proposed sale dated 05/13/2026
Aggregate proceeds $6,004,112.11 associated with the 223,626-share entry
Form date 05/13/2026 date shown for securities sold during the past 3 months
Broker Piper Sandler & Co listed on the filing as broker for the transaction
Shares outstanding (reference) 100,847,255 shares figure shown with date 05/14/2026 in the filing header
Form 144 regulatory
"Securities To Be Sold / Securities Sold During The Past 3 Months"
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 market
"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.
Issuer regulatory
"Common Stock | 05/13/2018 | SPAC IPO | Issuer"

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

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FAQ

What does the NESR Form 144 show about the sale?

The Form 144 records a proposed sale of 223,626 shares of NESR Common Stock with aggregate proceeds of $6,004,112.11, dated 05/13/2026. It lists Piper Sandler & Co as the broker handling the transaction.

Who is the selling holder named in the NESR filing?

The filing names Al Nowais Investments LLC as the selling holder associated with the 223,626-share transaction dated 05/13/2026. The record ties the holder to National Energy Services Reunited Corp Common Stock.

Does the Form 144 indicate the sale was completed?

The entry is a Form 144 notice of a proposed resale dated 05/13/2026 showing aggregate proceeds of $6,004,112.11. The notice does not itself confirm whether the sale was completed or report settlement details.

Which broker is shown on the NESR Form 144?

The Form 144 lists Piper Sandler & Co (350 N 5th St, Minneapolis) as the broker associated with the securities transaction recorded on 05/13/2026.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature