Director-linked LLC trims NESR stake, sells 573K shares (NESR)
Rhea-AI Filing Summary
National Energy Services Reunited Corp. director-affiliated entity Al Nowais Investments LLC executed an open-market sale of 573,544 Ordinary Shares of NESR on May 20, 2026 at a weighted average price of $26.14 per share. Following the transaction, the entity’s indirect holdings reported for the insider total 4,255,856 Ordinary Shares. The sale price ranged from $26.00 to $26.35 per share, based on multiple trades during the day.
Positive
- None.
Negative
- None.
Insights
Director-linked LLC sold 573K NESR shares but retains a large stake.
The filing shows Al Nowais Investments LLC, an entity associated with a NESR director, conducted an open-market sale of 573,544 Ordinary Shares at a weighted average price of $26.14 on May 20, 2026. This is a straightforward open-market disposition.
After the transaction, the entity still holds 4,255,856 Ordinary Shares indirectly for the reporting person, indicating a substantial remaining position. With no derivative exercises, tax withholding, or 10b5-1 plan disclosures noted in the excerpt, this appears as a single notable liquidity event rather than a structural change in ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 573,544 | $26.14 | $14.99M |
Footnotes (1)
- F1. Represents the weighted average price of the Ordinary Shares sold on May 20, 2026, ranging from a low of $26.00 to a high of $26.35 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
open-market sale financial
weighted average price financial
indirect ownership financial
AI-generated analysis. How Rhea-AI works. Not financial advice.