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Weatherford International (WFRD) CEO reports 10,000-share gift

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

Rhea-AI Filing Summary

Weatherford International plc reported that its President and CEO, who is also a director, made a gift of 10,000 ordinary shares on 12/11/2025. The shares were donated to American Endowment Foundation FBO Girish Saligram, a donor advised trust.

Following this transaction, the reporting person beneficially owned 990,169 ordinary shares indirectly through a trust where the reporting person and spouse are grantors, trustees and beneficiaries. Additional indirect holdings include 52,105 ordinary shares in a spousal lifetime access trust and 100,000 ordinary shares in a grantor retained annuity trust with a remainder interest in favor of the reporting person’s children.

Positive

  • None.

Negative

  • None.
Insider Saligram Girish
Role President and CEO
Type Security Shares Price Value
Gift Ordinary Shares 10,000 $0.00 --
holding Ordinary Shares -- -- --
holding Ordinary Shares -- -- --
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 990,169 shares (Indirect, Trust); Ordinary Shares — 20,000 shares (Direct)
Footnotes (1)
  1. Represents shares donated as a gift to American Endowment Foundation FBO Girish Saligram, a donor advised trust. Includes 295,349 shares previously reported as directly owned by the reporting person. 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. Includes 100,000 shares previously reported as indirectly owned by the reporting person in a trust of which the reporting person and his spouse are the grantors, trustees and beneficiaries. The shares are now held indirectly by the reporting person in a grantor retained annuity trust. 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.
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*
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)
12/11/2025
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 12/11/2025 G(1) 10,000 D $0 990,169(2) I Trust(3)
Ordinary Shares 20,000 D
Ordinary Shares 52,105 I Spousal Trust(4)
Ordinary Shares 100,000(5) I Grantor Retained Annuity Trust(6)
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
Explanation of Responses:
1. Represents shares donated as a gift to American Endowment Foundation FBO Girish Saligram, a donor advised trust.
2. Includes 295,349 shares previously reported as directly owned by the reporting person.
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. Includes 100,000 shares previously reported as indirectly owned by the reporting person in a trust of which the reporting person and his spouse are the grantors, trustees and beneficiaries. The shares are now held indirectly by the reporting person in a grantor retained annuity trust.
6. 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 12/15/2025
** 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.

FAQ

What insider transaction did Weatherford International (WFRD) disclose?

The reporting person, who is Weatherford International's President and CEO and a director, reported a gift of 10,000 ordinary shares on 12/11/2025. The shares were donated to American Endowment Foundation FBO Girish Saligram, a donor advised trust.

When did the reported Weatherford (WFRD) share gift occur?

The gift of 10,000 Weatherford International ordinary shares was dated 12/11/2025 in the filing.

How many Weatherford (WFRD) shares does the reporting person beneficially own after the transaction?

After the reported transaction, the reporting person beneficially owned 990,169 ordinary shares indirectly through a trust, 52,105 ordinary shares indirectly through a spousal lifetime access trust, and 100,000 ordinary shares indirectly through a grantor retained annuity trust.

Who received the 10,000 Weatherford (WFRD) shares given as a gift?

The 10,000 ordinary shares were donated to American Endowment Foundation FBO Girish Saligram, described as a donor advised trust.

What is the relationship of the reporting person to Weatherford International (WFRD)?

The reporting person is identified as both a Director and an Officer of Weatherford International plc, with the officer title listed as President and CEO.

Are the Weatherford (WFRD) shares held directly or through trusts?

The shares described are held indirectly through several trusts, including a trust where the reporting person and spouse are grantors, trustees and beneficiaries, a spousal lifetime access trust, and a grantor retained annuity trust.