Al Nowais entity sells 304,928 NESR shares
National Energy Services Reunited Corp. director-associated entity Al Nowais Investments LLC reported open-market sales of Ordinary Shares over two days.
Sentiment and the balance of points
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Rhea-AI Filing Summary
National Energy Services Reunited Corp. director-associated entity Al Nowais Investments LLC reported open-market sales of Ordinary Shares over two days. On May 13, 2026, the entity sold 223,626 shares at a weighted average price of $26.8489 per share. On May 14, 2026, it sold an additional 81,302 shares at a weighted average price of $26.3516 per share. After these transactions, indirect holdings stood at 5,053,468 Ordinary Shares, indicating that the entity retains a substantial position in the company despite the net sale of 304,928 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 81,302 | $26.3516 | $2.14M |
| Sale | Ordinary Shares | 223,626 | $26.8489 | $6.00M |
Footnotes (2)
- F1. Represents the weighted average price of the Ordinary Shares sold on May 13, 2026, ranging from a low of $26.60 to a high of $27.19 per share. The Reporting Persons undertake, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price.
- F2. Represents the weighted average price of the Ordinary Shares sold on May 14, 2026, ranging from a low of $26.00 to a high of $26.70 per share. The Reporting Persons undertake, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price.
Key Figures
Key Terms
weighted average price financial
open-market sale financial
indirect ownership financial
transaction code "S" regulatory
FAQ
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What insider activity did NESR disclose in this Form 4?
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