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Weatherford (WFRD) CEO Saligram reports RSU vesting and tax share withholding

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Weatherford International plc President and CEO Girish Saligram reported equity compensation activity on January 18, 2026. Restricted share units granted under the company’s 2019 Equity Incentive Plan vested, converting into 12,862 ordinary shares from a 2023 grant and 9,534 ordinary shares from a 2024 grant, both at an exercise price of $0.

To cover tax obligations upon vesting, 8,868 ordinary shares were withheld at $83.74 per share. After these transactions, Saligram directly held 33,528 ordinary shares. He also had indirect ownership through estate-planning vehicles, including 990,169 ordinary shares in a trust where he and his spouse are grantors, trustees and beneficiaries, 52,105 ordinary shares in a spousal lifetime access trust, and 100,000 ordinary shares in a grantor retained annuity trust benefiting his children.

Positive

  • None.

Negative

  • None.
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)
01/18/2026
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 01/18/2026 M(1) 12,862 A $0 32,862 D
Ordinary Shares 01/18/2026 M(2) 9,534 A $0 42,396 D
Ordinary Shares 01/18/2026 F(3) 8,868 D $83.74 33,528 D
Ordinary Shares 990,169 I Trust(4)
Ordinary Shares 52,105 I Spousal Trust(5)
Ordinary Shares 100,000 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
Restricted Share Units (1) 01/18/2026 M 12,862 (1) (1) Ordinary Shares 12,862 $0 0 D
Restricted Share Units (2) 01/18/2026 M 9,534 (2) (2) Ordinary Shares 9,534 $0 9,533 D
Explanation of Responses:
1. Represents the vesting of restricted share units ("RSUs") granted on January 18, 2023 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vested in three equal annual installments over the three-year period following the grant date.
2. Represents the vesting of RSUs granted on January 18, 2024 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.
4. Held in a trust, of which the reporting person and his spouse are the grantors, trustees and beneficiaries.
5. Held in a spousal lifetime access trust, of which the reporting person's spouse is the trustee and beneficiary.
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 01/21/2026
** 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.

FAQ

What insider activity did WFRD President and CEO Girish Saligram report?

Girish Saligram reported the vesting of restricted share units into ordinary shares on January 18, 2026, along with share withholding to cover related tax obligations.

How many Weatherford (WFRD) restricted share units vested for the CEO?

On January 18, 2026, 12,862 RSUs from a 2023 grant and 9,534 RSUs from a 2024 grant vested under Weatherford’s 2019 Equity Incentive Plan.

How many WFRD shares were withheld for taxes in this Form 4?

A total of 8,868 ordinary shares of Weatherford were disposed of through withholding at $83.74 per share to satisfy Girish Saligram’s tax obligations upon RSU vesting.

How many Weatherford (WFRD) shares does the CEO directly own after these transactions?

Following the reported transactions on January 18, 2026, Girish Saligram directly held 33,528 Weatherford ordinary shares.

What indirect Weatherford (WFRD) holdings related to the CEO are reported?

The filing lists indirect holdings of 990,169 ordinary shares in a trust where he and his spouse are grantors, trustees and beneficiaries, 52,105 shares in a spousal lifetime access trust, and 100,000 shares in a grantor retained annuity trust with a remainder interest for his children.

What is the role of the 2019 Equity Incentive Plan in these WFRD transactions?

The reported RSU vesting comes from awards granted under Weatherford’s 2019 Equity Incentive Plan, with the RSUs vesting in three equal annual installments following their grant dates.

Weatherford

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