National Energy Services Reunited (NESR) awards director 2,800 RSUs
Rhea-AI Filing Summary
Razouqi Maen reported acquisition or exercise transactions in this Form 4 filing.
National Energy Services Reunited Corp. director Maen Razouqi reported an equity compensation award in the form of 2,800 restricted stock units (RSUs) tied to the company’s ordinary shares. The RSUs were granted on August 14, 2026 and will vest on August 14, 2027, subject to his continued service through that date. Each RSU represents a contingent right to receive one ordinary share, and following this grant he holds 2,800 ordinary shares directly from this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,800 shares
Net Buy
1 txn
Insider
Razouqi Maen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1 | 2,800 | -- | -- |
Holdings After Transaction:
Ordinary Shares — 2,800 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") granted on August 14, 2026, which will vest on August 14, 2027, subject to the Reporting Person's continued service through the vesting date. Each RSU represents a contingent right to receive one ordinary share of National Energy Services Reunited Corp.
Key Figures
RSUs granted: 2,800 units
Shares following transaction: 2,800 shares
Grant date: August 14, 2026
+2 more
5 metrics
RSUs granted
2,800 units
Restricted stock units granted to Maen Razouqi on August 14, 2026
Shares following transaction
2,800 shares
Total ordinary shares held directly after the grant
Grant date
August 14, 2026
Date the 2,800 RSUs were granted
Vesting date
August 14, 2027
RSUs vesting contingent on continued service through this date
RSU-to-share ratio
1 RSU : 1 share
Each restricted stock unit represents one ordinary share upon vesting
Key Terms
restricted stock units ("RSUs"), vesting, contingent right
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted on August 14, 2026"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vesting financial
"which will vest on August 14, 2027, subject to the Reporting Person's"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"Each RSU represents a contingent right to receive one ordinary share"
FAQ
What did NESR director Maen Razouqi report in this Form 4 filing?
Maen Razouqi reported a grant of 2,800 restricted stock units (RSUs) of National Energy Services Reunited Corp. The RSUs are a form of equity compensation that may convert into ordinary shares if vesting conditions are satisfied.
When do Maen Razouqi’s 2,800 NESR RSUs vest?
The 2,800 RSUs vest on August 14, 2027, assuming Maen Razouqi continues to serve through that date. Vesting must occur before the RSUs can convert into ordinary shares of National Energy Services Reunited Corp.
What does each RSU represent in the NESR Form 4 for Maen Razouqi?
Each RSU represents a contingent right to receive one ordinary share of National Energy Services Reunited Corp. The right becomes actual share ownership only once the RSUs vest on their specified vesting date.
Was Maen Razouqi’s NESR Form 4 transaction a market purchase or sale?
The Form 4 reports a grant or award acquisition of 2,800 RSUs, not a market purchase or sale. The transaction code is “A,” indicating a compensation-related grant rather than open-market trading activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.