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Weatherford (WFRD) shareholder files to sell 100,000 shares worth $10.6M

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Weatherford International (WFRD) shareholder plans Rule 144 stock sale. A holder has filed to sell 100,000 shares of common stock through Goldman Sachs & Co. LLC, with an aggregate market value of $10,551,000. The shares relate to restricted stock awards granted as compensation on 02/08/2023, 10/12/2023, and 01/02/2025, totaling 100,000 shares. The planned sale date is approximately 02/06/2026, and the securities are listed for trading on NASD, with 71,717,593 shares of common stock outstanding.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 filing for Weatherford (WFRD) disclose?

The Form 144 discloses an intention to sell 100,000 Weatherford common shares. The planned sale is under Rule 144 through Goldman Sachs & Co. LLC, with an aggregate market value of $10,551,000, and uses compensation-related restricted stock awards as the source of shares.

How many Weatherford (WFRD) shares are intended to be sold and at what value?

The filing shows a planned sale of 100,000 Weatherford common shares. The aggregate market value of these shares is listed as $10,551,000, giving investors a sense of transaction size relative to the company’s publicly traded equity.

When is the planned Rule 144 sale for Weatherford (WFRD) shares expected?

The Form 144 states an approximate sale date of 02/06/2026. This timing indicates when the shares may begin to be sold into the market, subject to Rule 144 conditions and the filer’s execution decisions.

How were the Weatherford (WFRD) shares in the Form 144 acquired?

The shares were acquired as compensation through restricted stock awards from the issuer. Grants occurred on 02/08/2023, 10/12/2023, and 01/02/2025, with 10,000, 42,105, and 47,895 shares respectively, totaling 100,000 common shares.

Which broker and exchange are involved in the Weatherford (WFRD) Form 144 sale?

The filing lists Goldman Sachs & Co. LLC as the broker handling the potential sale. The shares are identified for trading on NASD, aligning the transaction with the company’s existing public trading venue for its common stock.

How many Weatherford (WFRD) shares are outstanding according to the Form 144?

The Form 144 reports 71,717,593 Weatherford common shares outstanding. This figure provides context for the planned 100,000-share sale, showing the relative size of the potential transaction within the company’s total share base.
Weatherford

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7.24B
70.20M
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4.53%
Oil & Gas Equipment & Services
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