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Weatherford (WFRD) CEO-linked trusts sell over 100K shares at ~$105

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Weatherford International President and CEO Girish Saligram reported share sales on February 6, 2026 by trusts associated with him. A family trust sold 47,895 ordinary shares at a weighted average price of $105.4922, and a spousal trust sold 52,105 ordinary shares at a weighted average price of $105.4985, through multiple trades within stated price ranges.

After these transactions, the filing reports 942,274 ordinary shares held indirectly through a family trust, 117,076 ordinary shares held directly, and 100,000 ordinary shares held indirectly through a grantor retained annuity trust. The spousal trust reported no remaining shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Saligram Girish

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

(Street)
HOUSTON TX 77056

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Weatherford International plc [ WFRD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Ordinary Shares 02/06/2026 S 47,895 D $105.4922(1) 942,274 I Trust(2)
Ordinary Shares 02/06/2026 S 52,105 D $105.4985(3) 0 I Spousal Trust(4)
Ordinary Shares 117,076 D
Ordinary Shares 100,000 I Grantor Retained Annuity Trust(5)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.98 to $105.93. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request.
2. Held in a trust, of which the reporting person and his spouse are the grantors, trustees and beneficiaries.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.98 to $105.975. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request.
4. Held in a spousal lifetime access trust, of which the reporting person's spouse is the trustee and beneficiary.
5. Held in a grantor retained annuity trust of which the reporting person is the grantor, trustee and annuitant, with a remainder interest in favor of the reporting person's children.
Remarks:
Kathy Medford by Power of Attorney 02/10/2026
** Signature of Reporting Person Date
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.

FAQ

What did the Weatherford (WFRD) CEO-associated trusts sell in this Form 4?

Trusts associated with Weatherford’s CEO reported selling 100,000+ ordinary shares on February 6, 2026. One family trust sold 47,895 shares at $105.4922, and a spousal trust sold 52,105 shares at $105.4985, both as weighted-average prices over multiple trades.

How many Weatherford (WFRD) shares remain in the CEO’s associated entities after these sales?

Following the reported sales, the filing shows 942,274 ordinary shares held indirectly through a family trust, 117,076 shares held directly, and 100,000 shares held indirectly via a grantor retained annuity trust. The spousal trust reported zero shares remaining.

At what prices were the Weatherford (WFRD) shares sold in this Form 4?

The reported sales used weighted-average prices. One block was sold at $105.4922 per share, with trades ranging from $104.98 to $105.93. Another block used $105.4985 per share, with underlying trades from $104.98 to $105.975.

Who is the reporting person in this Weatherford (WFRD) Form 4 filing?

The reporting person is Girish Saligram, Weatherford International’s President, CEO, and director. The transactions involve ordinary shares held through a family trust, a spousal trust, and a grantor retained annuity trust, as well as shares reported as held directly.

Were the Weatherford (WFRD) share sales made directly by the CEO or by related trusts?

The reported sales were made by trusts associated with the CEO. One family trust, where he and his spouse are grantors, trustees and beneficiaries, sold shares, and a separate spousal lifetime access trust, with his spouse as trustee and beneficiary, also executed sales.

Does this Weatherford (WFRD) Form 4 include any derivative securities?

The Form 4 excerpt’s derivative table shows no derivative securities transactions reported. All disclosed activity involves non-derivative ordinary shares, including sales by trusts and updated holdings reported for direct ownership and a grantor retained annuity trust.
Weatherford

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