Al Nowais sells 223,626; 81,302; 220,568 NESR shares (NESR)
Rhea-AI Filing Summary
National Energy Services Reunited Corp. discloses Rule 144 sales of Common Stock by Al Nowais Investments LLC, reporting three transactions on 05/13/2026, 05/14/2026 and 05/18/2026 with sizes of 223,626, 81,302 and 220,568 shares respectively. The filing lists an institutional broker and a Nasdaq listing; timing and cash‑flow recipients for each sale are reported in the transactions shown.
Positive
- None.
Negative
- None.
Key Figures
Sale on 05/13/2026: 223,626 shares
Gross proceeds 05/13/2026: $6,004,112.11
Sale on 05/14/2026: 81,302 shares
+4 more
7 metrics
Sale on 05/13/2026
223,626 shares
Al Nowais Investments LLC disposition reported on 05/13/2026
Gross proceeds 05/13/2026
$6,004,112.11
Proceeds reported for 223,626 shares on 05/13/2026
Sale on 05/14/2026
81,302 shares
Al Nowais Investments LLC disposition reported on 05/14/2026
Gross proceeds 05/14/2026
$2,142,437.78
Proceeds reported for 81,302 shares on 05/14/2026
Sale on 05/18/2026
220,568 shares
Al Nowais Investments LLC disposition reported on 05/18/2026
Gross proceeds 05/18/2026
$5,748,465.27
Proceeds reported for 220,568 shares on 05/18/2026
Shares line shown
100,847,255
Numeric line adjacent to securities info with date <date>05/19/2026</date>
Key Terms
Rule 144, Common Stock, SPAC IPO
3 terms
Rule 144 regulatory
"144: Securities Sold During The Past 3 Months"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Common Stock financial
"Common Stock | Piper Sandler & Co Inc 350 N 5th St Ste 1000 Minneapolis"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transactions does the NESR Form 144 report show?
The Form 144 lists three Rule 144 dispositions by Al Nowais Investments LLC on 05/13/2026, 05/14/2026 and 05/18/2026. The reported share amounts are 223,626; 81,302; and 220,568 shares respectively, with corresponding gross proceeds shown per transaction.
Who executed the sales reported in the NESR filing?
The filing identifies Al Nowais Investments LLC as the selling holder. Broker information is shown as Piper Sandler & Co. and the trades are in Common Stock listed on Nasdaq, per the excerpted selling entries in the filing.
What gross proceeds are reported for each sale in the filing?
The filing shows gross proceeds of $6,004,112.11 for 223,626 shares (05/13/2026), $2,142,437.78 for 81,302 shares (05/14/2026), and $5,748,465.27 for 220,568 shares (05/18/2026).