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[Form 4] Weatherford International plc Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Weatherford International plc director Steven Beringhause reported routine equity compensation activity involving restricted share units and ordinary shares. On March 7, 2026, 4,566 restricted share units granted on March 7, 2025 vested in full and were exercised into ordinary shares. The company’s equity plan committee elected to settle the vested units partly in stock and partly in cash, leading to a deemed disposition of 1,690 ordinary shares back to the issuer at $90.80 per share for the cash-settled portion. On the same date, Beringhause received a new grant of 2,497 restricted share units that vest in full on the first anniversary of the grant. Following these transactions, he directly holds 3,343 ordinary shares and 2,497 unvested restricted share units.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU vesting, partial cash settlement, and new grant; neutral signal.

Director Steven Beringhause had 4,566 RSUs from a March 7, 2025 grant vest in full and convert into ordinary shares under Weatherford’s 2019 Equity Incentive Plan. This is standard equity compensation rather than an open-market transaction.

The administering committee chose to settle part of the vested RSUs in cash, creating a deemed disposition of 1,690 shares back to the issuer at $90.80 per share. This mechanism satisfies compensation and liquidity needs without signaling a discretionary sale decision.

He also received 2,497 new RSUs on March 7, 2026, vesting in one year, and ends with 3,343 ordinary shares plus these unvested units. The net effect is a modest refresh of his equity stake, typical for ongoing board compensation and not a thesis-changing event.

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*
BERINGHAUSE STEVEN

(Last) (First) (Middle)
2000 ST JAMES PLACE

(Street)
HOUSTON TX 77019

(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
Officer (give title below) Other (specify below)
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
Ordinary Shares 03/07/2026 M(1) 4,566 A $0 5,033 D
Ordinary Shares 03/07/2026 D(2) 1,690 D $90.8 3,343 D
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
2025 Restricted Share Units (1) 03/07/2026 M 4,566 (1) (1) Ordinary Shares 4,566 $0 0 D
2026 Restricted Share Units (3) 03/07/2026 A 2,497 (3) (3) Ordinary Shares 2,497 $0 2,497 D
Explanation of Responses:
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").
2. 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.
3. 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.
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.
Weatherford

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6.65B
70.03M
Oil & Gas Equipment & Services
Oil & Gas Field Machinery & Equipment
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United States
HOUSTON