Weatherford director exercises RSUs, gets new grant
Weatherford International plc director Charles M. Sledge reported equity compensation changes on March 7, 2026.
Rhea-AI Filing Summary
Weatherford International plc director Charles M. Sledge reported equity compensation changes on March 7, 2026. A prior grant of 6,667 restricted share units vested in full and was exercised into the same number of ordinary shares under the company’s 2019 Equity Incentive Plan.
The plan’s committee elected to settle part of the vested award in cash, resulting in a disposition of 2,467 ordinary shares to the issuer at $90.80 per share. Sledge also received a new grant of 3,646 restricted share units that vest in full on the first anniversary of the grant date. Following these transactions, he directly holds 36,929 ordinary shares and 3,646 restricted share units.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2025 Restricted Share Units | 6,667 | $0.00 | $0.00 |
| Grant/Award | 2026 Restricted Share Units | 3,646 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 6,667 | $0.00 | $0.00 |
| Disposition | Ordinary Shares | 2,467 | $90.80 | $224K |
Footnotes (3)
- F1. 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").
- F2. 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.
- F3. 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
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What insider transactions did Charles M. Sledge report at Weatherford (WFRD)?
What new Weatherford (WFRD) equity award did Charles M. Sledge receive?
What are Charles M. Sledge’s Weatherford (WFRD) holdings after these transactions?
Which Weatherford (WFRD) equity plan governs Charles M. Sledge’s RSUs?
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