Weatherford (WFRD) CEO Saligram reports PSU vesting, tax share withholding

Rhea-AI Filing Summary

Weatherford International CEO Girish Saligram reported equity compensation activity tied to long-term performance awards. On February 4, 2026, 137,755 2023 Annual Performance Share Units vested into ordinary shares at an achievement level of 153% of target for a three-year period ending December 31, 2025.

To cover tax obligations at vesting, 54,207 ordinary shares were withheld at $99.97 per share. Following these transactions, Saligram directly held 117,076 ordinary shares, with additional indirect holdings of 990,169 shares in a trust, 52,105 shares in a spousal trust, and 100,000 shares in a grantor retained annuity trust.

Insider Trade Summary

137,755 shares exercised/converted

Mixed 6 txns

Insider Saligram Girish

Role President and CEO

Type	Security	Shares	Price	Value
Exercise	2023 Annual Performance Share Units	137,755	$0.00	--
Exercise	Ordinary Shares	137,755	$0.00	--
Tax Withholding	Ordinary Shares	54,207	$99.97	$5.42M
holding	Ordinary Shares	--	--	--
holding	Ordinary Shares	--	--	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: 2023 Annual Performance Share Units — 0 shares (Direct); Ordinary Shares — 171,283 shares (Direct); Ordinary Shares — 990,169 shares (Indirect, Trust)

Footnotes (1)

1. Represents the vesting of performance share units ("PSUs") granted on January 18, 2023 under Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The award vested at 153% of target based on achievement of performance metrics during the three-year performance period, which ended on December 31, 2025. Represents the withholding of a portion of vested PSUs to satisfy the reporting person's tax obligations upon vesting, pursuant to the 2019 EIP and the relevant award agreement. Held in a trust, of which the reporting person and his spouse are the grantors, trustees and beneficiaries. 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.

Form 4 Insider Transactions: What Each Field Means →

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
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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)
02/04/2026

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	02/04/2026		M(1)		137,755	A	$0	171,283	D
Ordinary Shares	02/04/2026		F(2)		54,207	D	$99.97	117,076	D
Ordinary Shares								990,169	I	Trust(3)
Ordinary Shares								52,105	I	Spousal Trust(4)
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
2023 Annual Performance Share Units	(1)	02/04/2026		M			137,755	(1)	(1)	Ordinary Shares	137,755	$0	0	D

Explanation of Responses:

1. Represents the vesting of performance share units ("PSUs") granted on January 18, 2023 under Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The award vested at 153% of target based on achievement of performance metrics during the three-year performance period, which ended on December 31, 2025.

2. Represents the withholding of a portion of vested PSUs to satisfy the reporting person's tax obligations upon vesting, pursuant to the 2019 EIP and the relevant award agreement.

3. Held in a trust, of which the reporting person and his spouse are the grantors, trustees and beneficiaries.

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	02/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did WFRD CEO Girish Saligram report on February 4, 2026?

Girish Saligram reported the vesting of 137,755 2023 Annual Performance Share Units into ordinary shares. These units vested under Weatherford’s 2019 Equity Incentive Plan after a three-year performance period that ended December 31, 2025, based on pre-set performance metrics.

How strong was the performance behind the WFRD CEO’s 2023 PSUs that vested?

The 2023 performance share units vested at 153% of target, indicating performance exceeded the initial benchmark. This payout level was determined by achievement of specific performance metrics measured over a three-year period ending December 31, 2025, under the company’s equity plan.

Why were 54,207 Weatherford (WFRD) shares withheld in this Form 4 filing?

Weatherford withheld 54,207 ordinary shares from the vested PSUs at $99.97 per share to satisfy Girish Saligram’s tax obligations. This tax withholding occurred automatically under the 2019 Equity Incentive Plan and the governing award agreement at the time of vesting.

How many Weatherford (WFRD) shares does CEO Girish Saligram own directly after this transaction?

After the reported transactions, Girish Saligram directly held 117,076 ordinary shares of Weatherford. This figure reflects the 137,755 shares delivered from PSU vesting, reduced by 54,207 shares withheld to cover associated tax liabilities under the company’s equity plan.

What indirect Weatherford (WFRD) share holdings related to CEO Girish Saligram are shown?

The filing lists indirect holdings of 990,169 shares in a trust where Saligram and his spouse are grantors, trustees, and beneficiaries, 52,105 shares in a spousal lifetime access trust, and 100,000 shares in a grantor retained annuity trust benefiting his children.

Does the WFRD Form 4 show any open derivative position for the CEO after vesting?

No derivative position remains from this specific award. The 2023 Annual Performance Share Units converted into 137,755 ordinary shares at vesting, and the filing shows zero such derivative securities beneficially owned following the reported transaction on February 4, 2026.