Director-linked Al Nowais Investments LLC trims 304,928 NESR shares (NESR)
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 304,928 shares
Net Sell
2 txns
Insider
Al-Nowais Yousif Mohammed Ali Nasser
Role
Director
Sold
304,928 shs ($8.15M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 81,302 | $26.3516 | $2.14M |
| Sale | Ordinary Shares | 223,626 | $26.8489 | $6.00M |
Holdings After Transaction:
Ordinary Shares — 5,053,468 shares (Indirect, By Al Nowais Investments LLC)
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
Shares sold May 13, 2026: 223,626 shares
Weighted average price May 13: $26.8489 per share
Shares sold May 14, 2026: 81,302 shares
+5 more
8 metrics
Shares sold May 13, 2026
223,626 shares
Open-market sale of Ordinary Shares
Weighted average price May 13
$26.8489 per share
Sale of Ordinary Shares
Shares sold May 14, 2026
81,302 shares
Open-market sale of Ordinary Shares
Weighted average price May 14
$26.3516 per share
Sale of Ordinary Shares
Total shares sold
304,928 shares
Net open-market sales in this Form 4
Shares held after transactions
5,053,468 shares
Indirect holdings by Al Nowais Investments LLC
Price range May 13 trades
$26.60–$27.19 per share
Footnote weighted-average detail
Price range May 14 trades
$26.00–$26.70 per share
Footnote weighted-average detail
Key Terms
weighted average price, open-market sale, Ordinary Shares, indirect ownership, +1 more
5 terms
weighted average price financial
"Represents the weighted average price of the Ordinary Shares sold on May 13, 2026"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: "open-market sale" for each Ordinary Shares transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: "indirect" and nature_of_ownership: "By Al Nowais Investments LLC""
transaction code "S" regulatory
"transaction_code: "S" meaning Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did NESR disclose in this Form 4?
NESR disclosed that an entity associated with director Al-Nowais, Al Nowais Investments LLC, sold 304,928 Ordinary Shares in open-market transactions over two days, while retaining 5,053,468 shares afterward as an indirect holding.
Were these NESR insider transactions open-market trades or another type?
Both transactions were classified as open-market sales of NESR Ordinary Shares. The Form 4 uses transaction code "S" and describes them as sales in open market or private transactions, with specified weighted average prices and trading ranges.