Weatherford CFO granted new RSU and PSU awards

Dhruv Anuj Hasit reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Dhruv Anuj Hasit reported acquisition or exercise transactions in this Form 4 filing.

Weatherford International plc reported that EVP and CFO Dhruv Anuj Hasit received new equity-based awards. He was granted 8,256 restricted share units on March 7, 2026 under the company’s 2019 Equity Incentive Plan. These RSUs vest in three equal annual installments following the grant date.

He also received 12,384 performance share units as a target award for the 2026–2028 performance cycle. The actual PSUs that vest can range from 0% to 200% of this target based on achievement of performance goals over the three fiscal years beginning January 1, 2026.

Insider Trade Summary

Grant/Award: 20,640 shares

Grant/Award 2 txns

Insider Dhruv Anuj Hasit

Role EVP and CFO

Type	Security	Shares	Price	Value
Grant/Award	2026 Restricted Share Units	8,256	$0.00	$0.00
Grant/Award	2026 Performance Share Units	12,384	$0.00	$0.00

Holdings After Transaction: 2026 Restricted Share Units — 8,256 contracts (Direct); 2026 Performance Share Units — 12,384 contracts (Direct)

Footnotes (2)

1. F1. Represents restricted share units ("RSUs") granted on March 7, 2026 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in three equal annual installments over the three-year period following the grant date.
2. F2. Represents performance share units ("PSUs") granted on March 7, 2026 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of the target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance during the Issuer's three fiscal years beginning on January 1, 2026 and ending December 31, 2028.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did Weatherford (WFRD) CFO Dhruv Hasit receive?

Weatherford’s EVP and CFO Dhruv Hasit received 8,256 restricted share units and 12,384 performance share units on March 7, 2026. Both awards were granted under the company’s 2019 Equity Incentive Plan as part of his long-term incentive compensation.

How do the new RSUs granted to Weatherford (WFRD) CFO vest?

The 8,256 restricted share units granted to the Weatherford CFO vest in three equal annual installments. Vesting occurs over the three-year period following the March 7, 2026 grant date, encouraging multi-year retention and alignment with shareholder interests.

How are Weatherford (WFRD) CFO’s 2026 performance share units determined?

The 12,384 performance share units represent a target award, not a fixed amount. Actual payout can range from 0% to 200% of target, depending on Weatherford’s achievement of specified performance goals over fiscal years 2026, 2027, and 2028.

Over what period do Weatherford (WFRD) performance share units vest?

The CFO’s performance share units vest based on results over three fiscal years. The performance period runs from January 1, 2026 through December 31, 2028, tying award value directly to Weatherford’s multi-year operating and financial performance.

Are Weatherford (WFRD) CFO’s new equity awards open-market purchases?

No, the Form 4 classifies both transactions as grant or award acquisitions with a zero purchase price. These are company-granted restricted share units and performance share units under the 2019 Equity Incentive Plan, not open-market stock purchases or sales.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 03/10/2026 - 04:53 PM Learn about SEC filing dates

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
Estimated average burden
hours per response:			0.5

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^*

Dhruv Anuj Hasit

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
03/07/2026

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

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
2026 Restricted Share Units	(1)	03/07/2026		A		8,256		(1)	(1)	Ordinary Shares	8,256	$0	8,256	D
2026 Performance Share Units	(2)	03/07/2026		A		12,384		(2)	(2)	Ordinary Shares	12,384	$0	12,384	D

Explanation of Responses:

1. Represents restricted share units ("RSUs") granted on March 7, 2026 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in three equal annual installments over the three-year period following the grant date.

2. Represents performance share units ("PSUs") granted on March 7, 2026 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of the target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance during the Issuer's three fiscal years beginning on January 1, 2026 and ending December 31, 2028.

Remarks:

	Kathy Medford by Power of Attorney	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.