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Weatherford (NYSE: WFRD) CFO reports RSU vesting and tax withholding move

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

Rhea-AI Filing Summary

Weatherford International plc EVP and CFO Dhruv Hasit reported routine equity compensation activity. On April 21, 2026, restricted share units (RSUs) granted on April 21, 2025 under the company’s 2019 Equity Incentive Plan vested, resulting in the acquisition of 15,224 Ordinary Shares through derivative exercises.

To cover tax obligations upon vesting, 5,992 Ordinary Shares were disposed of at $99.63 per share via share withholding, rather than an open-market sale. The transactions reflect RSU vesting and related tax-withholding mechanics, not discretionary market buying or selling by the CFO.

Positive

  • None.

Negative

  • None.
Insider Dhruv Anuj Hasit
Role EVP and CFO
Type Security Shares Price Value
Exercise 2025 Restricted Share Units 11,248 $0.00 --
Exercise 2025 Restricted Share Units 3,976 $0.00 --
Exercise Ordinary Shares 11,248 $0.00 --
Exercise Ordinary Shares 3,976 $0.00 --
Tax Withholding Ordinary Shares 5,992 $99.63 $597K
Holdings After Transaction: 2025 Restricted Share Units — 11,248 shares (Direct, null); Ordinary Shares — 11,248 shares (Direct, null)
Footnotes (1)
  1. Represents the vesting of restricted share units ("RSUs") granted on April 21, 2025 pursuant to Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in two equal installments on the first and second anniversary of the grant date. Represents the vesting of RSUs granted on April 21, 2025 pursuant to the 2019 EIP. The RSUs vest in three equal annual installments over the three-year period following the grant date. Represents the withholding of a portion of vested RSUs to satisfy the reporting person's tax obligations upon vesting, pursuant to the 2019 EIP and the relevant award agreements.
RSU shares vested 15,224 shares Ordinary Shares acquired via RSU vesting on April 21, 2026
Shares withheld for taxes 5,992 shares Ordinary Shares disposed in tax-withholding transaction on April 21, 2026
Withholding price per share $99.63 per share Price used for 5,992-share tax-withholding disposition
RSU derivative exercises 15,224 shares Aggregate exerciseShares from derivative RSUs
Tax-withholding transactions 5,992 shares taxWithholdingShares from transactionSummary
restricted share units financial
"Represents the vesting of restricted share units ("RSUs") granted on April 21, 2025"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
2019 Equity Incentive Plan financial
"granted on April 21, 2025 pursuant to Issuer's 2019 Equity Incentive Plan, as amended and restated"
tax-withholding disposition financial
"Represents the withholding of a portion of vested RSUs to satisfy the reporting person's tax obligations"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
SEC Form 4
FORM 4UNITED 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 TEXAS 77056

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Weatherford International plc [ WFRD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Ordinary Shares04/21/2026M(1)11,248A$011,248D
Ordinary Shares04/21/2026M(2)3,976A$015,224D
Ordinary Shares04/21/2026F(3)5,992D$99.639,232D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
2025 Restricted Share Units(1)04/21/2026M11,248 (1) (1)Ordinary Shares11,248$011,248D
2025 Restricted Share Units(2)04/21/2026M3,976 (2) (2)Ordinary Shares3,976$07,949D
Explanation of Responses:
1. Represents the vesting of restricted share units ("RSUs") granted on April 21, 2025 pursuant to Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in two equal installments on the first and second anniversary of the grant date.
2. Represents the vesting of RSUs granted on April 21, 2025 pursuant to the 2019 EIP. The RSUs vest in three equal annual installments over the three-year period following the grant date.
3. Represents the withholding of a portion of vested RSUs to satisfy the reporting person's tax obligations upon vesting, pursuant to the 2019 EIP and the relevant award agreements.
Remarks:
Kathy Medford by Power of Attorney04/23/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Weatherford (WFRD) CFO Dhruv Hasit report?

Dhruv Hasit reported RSU vesting and related share withholding. RSU exercises delivered 15,224 Ordinary Shares, while 5,992 shares were withheld to cover taxes, reflecting routine equity compensation activity rather than open-market buying or selling.

Were Weatherford (WFRD) shares bought or sold on the open market in this Form 4?

No open-market purchases or sales were reported. The filing shows RSU vesting that delivered 15,224 Ordinary Shares and a 5,992-share tax-withholding disposition, which is an administrative step to satisfy tax obligations, not a discretionary trade.

How many Weatherford (WFRD) shares vested for the CFO in this filing?

A total of 15,224 Ordinary Shares vested for the CFO through the exercise of 2025 restricted share units. These RSUs were granted on April 21, 2025 under Weatherford’s 2019 Equity Incentive Plan and vest in scheduled annual installments.

Why were 5,992 Weatherford (WFRD) shares disposed of in the Form 4?

The 5,992 Ordinary Shares were withheld to satisfy tax obligations triggered by RSU vesting. This “F” code tax-withholding disposition transfers shares to cover taxes and does not represent an open-market sale decision by the executive.

What equity plan governs the RSU awards in Weatherford (WFRD) CFO’s filing?

The RSUs vesting in this filing were granted under Weatherford’s 2019 Equity Incentive Plan, as amended and restated. Footnotes explain that these RSUs vest in equal annual installments following the April 21, 2025 grant date, providing structured long-term compensation.