Weatherford (WFRD) CEO-linked trusts sell over 100K shares at ~$105
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 100,000 shares ($10,549,548)
Net Sell
4 txns
Insider
Saligram Girish
Role
President and CEO
Sold
100,000 shs ($10.55M)
| 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 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 942,274 shares (Indirect, Trust);
Ordinary Shares — 117,076 shares (Direct)
Footnotes (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. Held in a trust, of which the reporting person and his spouse are the grantors, trustees and beneficiaries. 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. Held in a spousal lifetime access trust, of which the reporting person's spouse is the trustee and beneficiary. 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
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.
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.
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.