STOCK TITAN

National Energy Services (NASDAQ: NESR) CFO sells shares, now holds 549,763

(High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

National Energy Services Reunited Corp. (NESR) reported that its Chief Financial Officer, Stefan Angeli, sold 13,570 Ordinary Shares on August 18, 2026 in an open-market or private transaction at prices between $35.11 and $35.12 per share. Following this sale, Angeli directly held 549,763 Ordinary Shares. A prior filing’s disclosure of the vesting schedule for RSUs granted on August 14, 2026 is also corrected, clarifying that those RSUs vest in equal annual installments over three years.

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Insights

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Insider Angeli Stefan
Role Chief Financial Officer
Sold 13,570 shs ($477K)
Type Security Shares Price Value
Sale Ordinary Shares F1, F2 13,570 $35.12 $477K
Holdings After Transaction: Ordinary Shares — 549,763 shares (Direct)
Footnotes (2)
  1. F1. The Ordinary Shares were sold in a single transaction at a price between $35.11 and $35.12.
  2. F2. The previous Form 4 for the Reporting Person, filed on August 17, 2026, inadvertently misstated the vesting schedule for the RSUs granted to the Reporting Person on August 14, 2026. That filing incorrectly stated that such RSUs will vest on August 14, 2027, subject to the Reporting Person's continued service through the vesting date. The RSUs will instead vest in equal annual installments over a three year period on each of the succeeding three anniversaries of the grant date, subject to the Reporting Person's continued service through each vesting date. This footnote corrects such disclosure.
Ordinary Shares sold 13,570 shares Sale by CFO Stefan Angeli on August 18, 2026
Sale price range per share $35.11–$35.12 Price range for 13,570 Ordinary Shares sold in a single transaction
Shares owned after transaction 549,763 Ordinary Shares Direct holdings of CFO Stefan Angeli following the sale
RSU vesting period 3 years RSUs granted on August 14, 2026 vest in equal annual installments over three years
Net shares sold in filing 13,570 shares Net-sell direction per transaction summary
Ordinary Shares financial
"The Ordinary Shares were sold in a single transaction at a price"
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.
RSUs financial
"misstated the vesting schedule for the RSUs granted to the Reporting"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vesting schedule financial
"inadvertently misstated the vesting schedule for the RSUs granted"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
Rule 10b5-1 trading plan regulatory
"The Rule 10b5-1 checkbox is not marked for these transactions"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

FAQ

What insider transaction did NESR disclose for CFO Stefan Angeli?

NESR disclosed that Chief Financial Officer Stefan Angeli sold 13,570 Ordinary Shares on August 18, 2026 in a transaction reported as a sale in the open market or a private transaction at prices between $35.11 and $35.12 per share.

How many NESR shares does the CFO hold after this Form 4 transaction?

After the reported sale, CFO Stefan Angeli directly held 549,763 Ordinary Shares of NESR. This figure reflects his direct ownership immediately following the disposition of 13,570 shares on August 18, 2026.

At what prices were the NESR shares sold in this Form 4 filing?

The 13,570 Ordinary Shares were sold at prices between $35.11 and $35.12 per share in a single transaction, according to the footnote specifying the sale price range for the August 18, 2026 disposition.

Were the NESR CFO’s share sales made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the August 18, 2026 sale of 13,570 NESR Ordinary Shares was made pursuant to a Rule 10b5-1 trading plan.

What correction to NESR RSU vesting did this Form 4 disclose?

The filing corrects a prior disclosure for RSUs granted on August 14, 2026. Instead of vesting fully on August 14, 2027, the RSUs will vest in equal annual installments over three years on each of the three anniversaries of the grant date, subject to continued service.

Does this NESR Form 4 involve any derivative or option exercises?

No. The reported transaction involves only Ordinary Shares, classified as a non-derivative sale. The filing’s derivative transaction count is zero, and no options, warrants, or other derivative securities are reported as exercised or converted.

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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*
Angeli Stefan

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026
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 Shares08/18/2026S13,570D$35.12(1)(2)549,763D
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. The Ordinary Shares were sold in a single transaction at a price between $35.11 and $35.12.
2. The previous Form 4 for the Reporting Person, filed on August 17, 2026, inadvertently misstated the vesting schedule for the RSUs granted to the Reporting Person on August 14, 2026. That filing incorrectly stated that such RSUs will vest on August 14, 2027, subject to the Reporting Person's continued service through the vesting date. The RSUs will instead vest in equal annual installments over a three year period on each of the succeeding three anniversaries of the grant date, subject to the Reporting Person's continued service through each vesting date. This footnote corrects such disclosure.
/s/ Leo Cailleteau, as Attorney-in-Fact on behalf of Stefan Angeli08/21/2026
** 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)