STOCK TITAN

Director-linked Al Nowais Investments LLC trims 304,928 NESR shares (NESR)

(Very High)
(Very Negative)
Form Type
4

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 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)
  1. 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.
  2. 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.
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
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.
Ordinary Shares financial
"security_title: "Ordinary Shares" for the reported NESR transactions"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
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"

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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.

How many NESR shares were sold on May 13, 2026, and at what price?

On May 13, 2026, Al Nowais Investments LLC sold 223,626 NESR Ordinary Shares at a weighted average price of $26.8489 per share, with individual trades ranging from $26.60 to $27.19 according to the filing footnote.

What NESR share sales occurred on May 14, 2026?

On May 14, 2026, Al Nowais Investments LLC sold 81,302 NESR Ordinary Shares at a weighted average price of $26.3516 per share, with trades executed between $26.00 and $26.70 as detailed in the Form 4 footnote.

Who actually holds the NESR shares reported in this Form 4?

The NESR shares are held indirectly through Al Nowais Investments LLC. The Form 4 shows director Al-Nowais as the reporting person, but ownership is coded as indirect, with the nature of ownership specified as "By Al Nowais Investments LLC."

How many NESR shares does the reporting entity hold after these sales?

After completing the reported open-market sales totaling 304,928 NESR Ordinary Shares, Al Nowais Investments LLC holds 5,053,468 shares indirectly. This figure represents the remaining position following the second transaction dated May 14, 2026.

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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Al-Nowais Yousif Mohammed Ali Nasser

(Last)(First)(Middle)
C/O NESR
777 POST OAK BLVD., SUITE 730

(Street)
HOUSTON TEXAS 77056

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
National Energy Services Reunited Corp. [ NESR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares05/13/2026S223,626D$26.8489(1)5,134,770IBy Al Nowais Investments LLC
Ordinary Shares05/14/2026S81,302D$26.3516(2)5,053,468IBy Al Nowais Investments LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
/s/ Judithe Little, Attorney-in-Fact for Yousif Mohammed Ali Nasser Al-Nowais05/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)