Weatherford (WFRD) EVP Weatherholt reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
Weatherford International executive reports RSU vesting and tax share withholding. EVP, General Counsel & Chief Compliance Officer Scott C. Weatherholt reported the vesting of restricted share units into ordinary shares of Weatherford International plc on January 18, 2026 under the company’s 2019 Equity Incentive Plan.
On that date, 3,542 RSUs granted on January 18, 2023 and 2,252 RSUs granted on January 18, 2024 converted into the same number of ordinary shares at an exercise price of $0. These RSU awards vest in three equal annual installments over three years following their respective grant dates.
Also on January 18, 2026, 2,372 ordinary shares were withheld at a price of $83.74 per share to cover Weatherholt’s tax obligations upon vesting. After these transactions, Weatherholt directly beneficially owned 152,384 ordinary shares of Weatherford International.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 3,542 | $0.00 | -- |
| Exercise | Restricted Share Units | 2,252 | $0.00 | -- |
| Exercise | Ordinary Shares | 3,542 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,252 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 2,372 | $83.74 | $199K |
Footnotes (1)
- Represents the vesting of restricted share units ("RSUs") granted on January 18, 2023 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vested in three equal annual installments over the three-year period following the grant date. Represents the vesting of RSUs granted on January 18, 2024 pursuant to the 2019 EIP. The RSUs vest in three equal annual installments over the three-year period following the grant date. Represents the withholding of a portion of vested RSUs to satisfy the reporting person's tax obligations upon vesting, pursuant to the 2019 EIP and the relevant award agreements