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Weatherford accounting chief reports equity holdings

The 2026 restricted share units vest in equal installments on the first, second and third grant anniversaries.

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Form Type
3

Rhea-AI Filing Summary

Weatherford International plc reports that Maximiliano Kricorian, SVP & Chief Accounting Officer, directly held 1 ordinary share and reported equity awards linked to ordinary shares as of October 16, 2026: 1,470 2024 restricted share units (RSUs), 762 target 2024 performance share units (PSUs), 293 and 1,245 2025 RSUs, 1,245 target 2025 PSUs, and 1,548 each in 2026 RSUs and target PSUs. PSU payouts may range from 0% to 200% of target, depending on performance goals.

Insider Kricorian Maximiliano
Role SVP & Chief Accounting Officer
Type Security Shares Price Value
holding 2024 Restricted Share Units F1 -- -- --
holding 2024 Performance Share Units F2 -- -- --
holding 2025 Restricted Share Units F3 -- -- --
holding 2025 Restricted Share Units F4 -- -- --
holding 2025 Performance Share Units F5 -- -- --
holding 2026 Restricted Share Units F6 -- -- --
holding 2026 Performance Share Units F7 -- -- --
holding Ordinary Shares -- -- --
Holdings After Transaction: 2024 Restricted Share Units — 1,470 contracts (Direct); 2024 Performance Share Units — 762 contracts (Direct); 2025 Restricted Share Units — 1,538 contracts (Direct); 2025 Performance Share Units — 1,245 contracts (Direct); 2026 Restricted Share Units — 1,548 contracts (Direct); 2026 Performance Share Units — 1,548 contracts (Direct); Ordinary Shares — 1 shares (Direct)
Footnotes (7)
  1. F1. Represents restricted share units ("RSUs") granted on January 18, 2024 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs will vest in full on the third anniversary of the grant date.
  2. F2. Represents performance share units ("PSUs") granted on January 18, 2024 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of the target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance during the Issuer's three fiscal years beginning on January 1, 2024 and ending December 31, 2026.
  3. F3. Represents RSUs granted on September 30, 2025 pursuant to the 2019 EIP. The RSUs will vest in full on the second anniversary of the grant date.
  4. F4. Represents the second and third tranche of an award of RSUs granted on March 7, 2025 pursuant to the 2019 EIP. The RSUs will vest in equal installments on the second and third anniversary of the grant date.
  5. F5. Represents PSUs granted on March 7, 2025 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of the target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance during the Issuer's three fiscal years beginning on January 1, 2025 and ending December 31, 2027.
  6. F6. Represents the RSUs granted on March 7, 2026 pursuant to the 2019 EIP. The RSUs will vest in equal installments on the first, second and third anniversary of the grant date.
  7. F7. Represents PSUs granted on March 7, 2026 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of the target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance during the Issuer's three fiscal years beginning on January 1, 2026 and ending December 31, 2028.
2024 Restricted Share Units 1,470 underlying ordinary shares Direct holding reported October 16, 2026
2024 Performance Share Units 762 underlying ordinary shares Target award; direct holding reported October 16, 2026
2025 Restricted Share Units granted September 30, 2025 293 underlying ordinary shares Direct holding reported October 16, 2026
2025 Restricted Share Units granted March 7, 2025 1,245 underlying ordinary shares Second and third tranches; direct holding reported October 16, 2026
2025 Performance Share Units 1,245 underlying ordinary shares Target award; direct holding reported October 16, 2026
2026 Restricted Share Units 1,548 underlying ordinary shares Direct holding reported October 16, 2026
2026 Performance Share Units 1,548 underlying ordinary shares Target award; direct holding reported October 16, 2026
Ordinary Shares 1 share Direct holding reported October 16, 2026
restricted share units financial
"restricted share units ("RSUs") granted on January 18, 2024"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
performance share units financial
"performance share units ("PSUs") granted on January 18, 2024"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
target award financial
"number of PSUs reported is the target award"
performance period financial
"at the end of the performance period"
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
2019 Equity Incentive Plan financial
"pursuant to the Issuer's 2019 Equity Incentive Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did WFRD's chief accounting officer report?

Maximiliano Kricorian reported 1,470 underlying ordinary shares in 2024 RSUs, 762 in target 2024 PSUs, 293 and 1,245 in 2025 RSUs, 1,245 in target 2025 PSUs, and 1,548 each in 2026 RSUs and target PSUs. He also reported 1 ordinary share held directly. These holdings were reported as of October 16, 2026.

When do WFRD's reported restricted share units vest?

The 2024 RSUs vest in full on the third anniversary of their January 18, 2024 grant. The September 30, 2025 RSUs vest in full on the second anniversary of their grant, while the March 7, 2025 RSUs vest in equal installments on the second and third anniversaries. The March 7, 2026 RSUs vest in equal installments on the first, second and third anniversaries.

How are WFRD's performance share units paid out?

The reported PSU quantities are target awards, and payouts may range from 0% to 200% of target depending on actual performance goals. The performance periods run over the three fiscal years beginning January 1, 2024, January 1, 2025 and January 1, 2026, respectively, and end December 31, 2026, 2027 and 2028.

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

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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Kricorian Maximiliano

(Last)(First)(Middle)
2000 ST. JAMES PLACE

(Street)
HOUSTON TEXAS 77056

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
10/16/2026
3. Issuer Name and Ticker or Trading Symbol
Weatherford International plc [ WFRD ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & Chief Accounting Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares1D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
2024 Restricted Share Units (1) (1)Ordinary Shares1,470(1)D
2024 Performance Share Units (2) (2)Ordinary Shares762(2)D
2025 Restricted Share Units (3) (3)Ordinary Shares293(3)D
2025 Restricted Share Units (4) (4)Ordinary Shares1,245(4)D
2025 Performance Share Units (5) (5)Ordinary Shares1,245(5)D
2026 Restricted Share Units (6) (6)Ordinary Shares1,548(6)D
2026 Performance Share Units (7) (7)Ordinary Shares1,548(7)D
Explanation of Responses:
1. Represents restricted share units ("RSUs") granted on January 18, 2024 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs will vest in full on the third anniversary of the grant date.
2. Represents performance share units ("PSUs") granted on January 18, 2024 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of the target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance during the Issuer's three fiscal years beginning on January 1, 2024 and ending December 31, 2026.
3. Represents RSUs granted on September 30, 2025 pursuant to the 2019 EIP. The RSUs will vest in full on the second anniversary of the grant date.
4. Represents the second and third tranche of an award of RSUs granted on March 7, 2025 pursuant to the 2019 EIP. The RSUs will vest in equal installments on the second and third anniversary of the grant date.
5. Represents PSUs granted on March 7, 2025 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of the target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance during the Issuer's three fiscal years beginning on January 1, 2025 and ending December 31, 2027.
6. Represents the RSUs granted on March 7, 2026 pursuant to the 2019 EIP. The RSUs will vest in equal installments on the first, second and third anniversary of the grant date.
7. Represents PSUs granted on March 7, 2026 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of the target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance during the Issuer's three fiscal years beginning on January 1, 2026 and ending December 31, 2028.
Remarks:
Kathy Medford by Power of Attorney10/16/2026
** 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 5 (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 3: SEC 1473 (03-26)

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