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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did the Weatherford (WFRD) CEO-associated trusts sell in this Form 4?
Who is the reporting person in this Weatherford (WFRD) Form 4 filing?
Does this Weatherford (WFRD) Form 4 include any derivative securities?
AI-generated analysis. How Rhea-AI works. Not financial advice.