STOCK TITAN

Director-linked LLC trims NESR stake, sells 573K shares (NESR)

(Very High)
(Very Negative)
Form Type
4

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 Al-Nowais Yousif Mohammed Ali Nasser
Role Director
Sold 573,544 shs ($14.99M)
Type Security Shares Price Value
Sale Ordinary Shares 573,544 $26.14 $14.99M
Holdings After Transaction: Ordinary Shares — 4,255,856 shares (Indirect, By Al Nowais Investments LLC)
Footnotes (1)
  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.
Shares sold 573,544 shares Open-market sale on May 20, 2026
Average sale price $26.14 per share Weighted average for May 20, 2026 trades
Post-sale holdings 4,255,856 shares Indirect ownership after transaction
Price range $26.00–$26.35 per share Intraday sale range on May 20, 2026
open-market sale financial
"executed an open-market sale of 573,544 Ordinary Shares of NESR"
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.
weighted average price financial
"executed an open-market sale ... at a weighted average price of $26.14"
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.
indirect ownership financial
"the entity’s indirect holdings reported for the insider total 4,255,856 Ordinary Shares"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How many NESR shares did Al Nowais Investments LLC sell in this Form 4?

Al Nowais Investments LLC sold 573,544 Ordinary Shares of NESR in an open-market transaction. The weighted average sale price was $26.14 per share, with individual trades ranging between $26.00 and $26.35 on May 20, 2026.

What price did the NESR shares sell for in the reported insider transaction?

The NESR shares were sold at a weighted average price of $26.14 per share. According to the filing, individual trades occurred between a low of $26.00 and a high of $26.35 on May 20, 2026, reflecting multiple executions during that day.

How many NESR shares does the director-linked entity hold after this sale?

After the sale, Al Nowais Investments LLC is reported to hold 4,255,856 NESR Ordinary Shares indirectly for the insider. This post-transaction balance indicates the entity continues to own a sizable stake despite the 573,544-share open-market disposition reported in the Form 4 filing.

Was the NESR insider transaction a purchase or a sale of shares?

The transaction was a sale of NESR Ordinary Shares by Al Nowais Investments LLC. The Form 4 classifies it as an open-market sale, coded “S,” with 573,544 shares sold at a weighted average price of $26.14 per share on May 20, 2026.

Is the NESR Form 4 transaction held directly or indirectly by the reporting person?

The NESR shares involved are held indirectly through Al Nowais Investments LLC. The Form 4 lists the ownership as indirect, with the nature of ownership described as “By Al Nowais Investments LLC,” indicating the entity, not the individual alone, is the immediate holder.
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)
05/20/2026
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 Shares05/20/2026S573,544D$26.14(1)4,255,856IBy 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 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.
/s/ Yousif Mohammed Ali Nasser Al-Nowais05/22/2026
** 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)