Weatherford (WFRD) director logs RSU vesting, share return and new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weatherford International plc director Jacqueline C. Mutschler reported routine equity compensation activity. On March 7, 2026, 4,566 restricted share units granted on March 7, 2025 vested in full and were exercised into the same number of ordinary shares under the company’s 2019 Equity Incentive Plan.
The committee administering the plan chose to settle the vested RSUs partly in stock and partly in cash, and 1,690 ordinary shares were returned to the company at $90.80 per share to reflect the cash-settled portion. After these transactions, Mutschler held 33,187 ordinary shares directly, and received a new grant of 2,497 RSUs that vest in full on the first anniversary of the March 7, 2026 grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,566 shares exercised/converted
Mixed
4 txns
Insider
Mutschler Jacqueline C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2025 Restricted Share Units | 4,566 | $0.00 | -- |
| Grant/Award | 2026 Restricted Share Units | 2,497 | $0.00 | -- |
| Exercise | Ordinary Shares | 4,566 | $0.00 | -- |
| Disposition | Ordinary Shares | 1,690 | $90.80 | $153K |
Holdings After Transaction:
2025 Restricted Share Units — 0 shares (Direct);
2026 Restricted Share Units — 2,497 shares (Direct);
Ordinary Shares — 34,877 shares (Direct)
Footnotes (1)
- Represents the vesting in full of restricted share units ("RSUs") granted on March 7, 2025 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). At the election of the Committee administering the 2019 EIP, the vesting of the RSUs was settled partially in stock and partially in cash. Represents the deemed disposition of the ordinary shares underlying the portion of vested RSUs settled in cash. Represents RSUs granted on March 7, 2026 pursuant to the 2019 EIP. The RSUs vest in full on the first anniversary of the grant date.
FAQ
What insider transactions did Weatherford (WFRD) report for Jacqueline C. Mutschler?
Weatherford reported that director Jacqueline C. Mutschler had 4,566 previously granted restricted share units vest and convert into ordinary shares, partially settled in cash, and also received a new grant of 2,497 restricted share units under the company’s 2019 Equity Incentive Plan.
What new equity award did Weatherford (WFRD) grant to Jacqueline C. Mutschler?
Weatherford granted Jacqueline C. Mutschler 2,497 restricted share units on March 7, 2026 under its 2019 Equity Incentive Plan. According to the disclosure, these restricted share units vest in full on the first anniversary of the grant date, providing a time-based retention incentive.
Are the Weatherford (WFRD) Form 4 transactions open-market buys or sales?
The transactions are equity compensation-related, not open-market trades. They include the vesting and exercise of restricted share units into ordinary shares and a disposition of shares back to Weatherford tied to cash settlement, plus a new grant of restricted share units for future vesting.