Trusts tied to Weatherford CEO sell 100K shares
Weatherford International President and CEO Girish Saligram reported share sales on February 6, 2026 by trusts associated with him.
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
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 47,895 | $105.4922 | $5.05M |
| Sale | Ordinary Shares | 52,105 | $105.4985 | $5.50M |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (5)
- F1. 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.
- F2. Held in a trust, of which the reporting person and his spouse are the grantors, trustees and beneficiaries.
- F3. 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.
- F4. Held in a spousal lifetime access trust, of which the reporting person's spouse is the trustee and beneficiary.
- F5. 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.
FAQ
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What did the Weatherford (WFRD) CEO-associated trusts sell in this Form 4?
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Does this Weatherford (WFRD) Form 4 include any derivative securities?
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