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