STOCK TITAN

Al Nowais entity sells 1.4M National Energy (NASDAQ: NESR) shares

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

National Energy Services Reunited Corp. director Al-Nowais Yousif Mohammed Ali Nasser reported that Al Nowais Investments LLC, an entity through which he holds shares indirectly, executed open-market sales of Ordinary Shares. Across June 12 and June 13, 2026, the LLC sold a total of 1,401,450 shares in four transactions. Reported weighted average prices ranged from about $25.50 to $27.62 per share over the two days, reflecting multiple trades within those price bands. All transactions involved non-derivative Ordinary Shares and were classified as open-market or private sales.

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Insights

Director-linked LLC reported selling 1.4M NESR shares in open-market trades.

The reporting shows Al Nowais Investments LLC, associated with director Al-Nowais Yousif Mohammed Ali Nasser, selling a combined 1,401,450 Ordinary Shares of National Energy Services Reunited Corp. over two days in June 2026. All transactions are non-derivative open-market or private sales.

Weighted average prices were disclosed instead of individual trade prices, with ranges from $25.50 to $27.62 per share. This indicates multiple fills across the trading sessions. The filing does not describe any corresponding option exercises or derivative activity; derivative positions are not listed.

The net effect is a sizable reduction in the indirect share position held through Al Nowais Investments LLC. Future company filings may provide additional context on the overall ownership stake and whether similar transactions continue, but this document itself is limited to reporting these specific sales.

Insider Al-Nowais Yousif Mohammed Ali Nasser
Role Director
Sold 1,401,450 shs ($36.88M)
Type Security Shares Price Value
Sale Ordinary Shares 326,386 $26.89 $8.78M
Sale Ordinary Shares 6,471 $27.61 $179K
Sale Ordinary Shares 950,831 $26.08 $24.80M
Sale Ordinary Shares 117,762 $26.54 $3.13M
Holdings After Transaction: Ordinary Shares — 2,148,792 shares (Indirect, By Al Nowais Investments LLC)
Footnotes (4)
  1. F1. Represents the weighted average price of the Ordinary Shares sold on June 12, 2026, ranging from a low of $25.50 to a high of $26.50 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 June 12, 2026, ranging from a low of $25.505 to a high of $26.5725 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.
  3. F3. Represents the weighted average price of the Ordinary Shares sold on June 13, 2026, ranging from a low of $26.50 to a high of $27.50 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.
  4. F4. Represents the weighted average price of the Ordinary Shares sold on June 13, 2026, ranging from a low of $27.52 to a high of $27.62 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.
Total shares sold 1,401,450 shares Non-derivative Ordinary Shares sold in June 2026
June 12 weighted average price example $26.08 per share Open-market sale of 950,831 Ordinary Shares
June 12 additional sale price $26.54 per share Open-market sale of 117,762 Ordinary Shares
June 13 weighted average price example $26.89 per share Open-market sale of 326,386 Ordinary Shares
June 13 additional sale price $27.61 per share Open-market sale of 6,471 Ordinary Shares
Price range June 12 $25.50–$26.5725 per share Weighted average price footnotes for June 12, 2026 sales
Price range June 13 $26.50–$27.62 per share Weighted average price footnotes for June 13, 2026 sales
open-market sale financial
"transaction_action is described as an open-market sale of Ordinary Shares."
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
"Each transaction involves non-derivative Ordinary Shares of the issuer."
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.
weighted average price financial
"Footnotes describe the weighted average price and intraday price ranges."
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
"Ownership is coded indirect with nature of ownership by Al Nowais Investments LLC."
Form 4 regulatory
"The insider transactions are reported on SEC Form 4 for the director."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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?

The filing reports that Al Nowais Investments LLC sold a total of 1,401,450 Ordinary Shares of National Energy Services Reunited Corp. These sales occurred in four separate open-market or private transactions across June 12 and June 13, 2026, at varying prices.

What prices were received for the NESR shares sold in this insider transaction?

The reported transactions use weighted average prices. On June 12, 2026, sales ranged from about $25.50 to $26.5725 per share. On June 13, 2026, sales ranged from about $26.50 to $27.62 per share, reflecting multiple trades within each daily price band.

Who actually held the NESR shares sold in this Form 4 filing?

The shares were held indirectly through Al Nowais Investments LLC, as noted by the "indirect" ownership code and the nature-of-ownership description. Director Al-Nowais Yousif Mohammed Ali Nasser is the reporting person, but the entity Al Nowais Investments LLC is listed as the holder of the Ordinary Shares.

Over what dates did the Al Nowais Investments LLC sales of NESR shares occur?

The filing shows sales on two consecutive trading days: June 12, 2026, and June 13, 2026. On each date, there were two reported sale transactions with different weighted average prices, resulting in a combined total of 1,401,450 Ordinary Shares sold.
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)
06/12/2026
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 Shares06/12/2026S950,831D$26.08(1)2,599,411IBy Al Nowais Investments LLC
Ordinary Shares06/12/2026S117,762D$26.54(2)2,481,649IBy Al Nowais Investments LLC
Ordinary Shares06/13/2026S326,386D$26.89(3)2,155,263IBy Al Nowais Investments LLC
Ordinary Shares06/13/2026S6,471D$27.61(4)2,148,792IBy 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 June 12, 2026, ranging from a low of $25.50 to a high of $26.50 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 June 12, 2026, ranging from a low of $25.505 to a high of $26.5725 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.
3. Represents the weighted average price of the Ordinary Shares sold on June 13, 2026, ranging from a low of $26.50 to a high of $27.50 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.
4. Represents the weighted average price of the Ordinary Shares sold on June 13, 2026, ranging from a low of $27.52 to a high of $27.62 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-Nowais06/16/2026
** 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)