Weatherford (NYSE: WFRD) EVP vests 1,816 RSUs, with 534 shares withheld

Rhea-AI Filing Summary

Weatherford International plc executive Richard D. Ward, EVP Global Field Operations, reported the vesting of 1,816 restricted share units (RSUs) into ordinary shares on January 18, 2026 under the company’s 2019 Equity Incentive Plan. The RSUs, originally granted on January 18, 2024, are scheduled to vest in three equal annual installments over three years.

In connection with this vesting, 534 ordinary shares were withheld at a price of $83.74 per share to cover Ward’s tax obligations, leaving him with 2,560 ordinary shares beneficially owned directly after the transactions. The RSU conversion itself carried an exercise price of $0, reflecting the typical structure of equity incentive awards.

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

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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^*

WARD RICHARD D

(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 Global Field Operations

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)		1,816	A	$0	3,094	D
Ordinary Shares	01/18/2026		F(2)		534	D	$83.74	2,560	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
Restricted Share Units	(1)	01/18/2026		M			1,816	(1)	(1)	Ordinary Shares	1,816	$0	1,815	D

Explanation of Responses:

1. Represents the vesting of restricted share units ("RSUs") granted on January 18, 2024 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 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 Attorney	01/21/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did WFRD executive Richard D. Ward report?

Richard D. Ward, EVP Global Field Operations at Weatherford International plc (WFRD), reported the vesting of 1,816 RSUs into ordinary shares on January 18, 2026, under the company’s 2019 Equity Incentive Plan.

How many Weatherford (WFRD) shares did the executive have after the Form 4 transactions?

After the reported transactions, Richard D. Ward beneficially owned 2,560 ordinary shares of Weatherford International plc directly.

Why were some of the vested WFRD RSUs withheld in this Form 4 filing?

The filing states that 534 ordinary shares were withheld to satisfy Richard D. Ward’s tax obligations upon RSU vesting, pursuant to Weatherford’s 2019 Equity Incentive Plan and related award agreements.

What was the price used for the tax withholding shares in the WFRD Form 4?

The shares withheld for taxes were valued at $83.74 per share, as shown by the transaction coded “F” for tax withholding.

What are the vesting terms of the RSUs reported by Weatherford’s EVP?

The RSUs reported by Richard D. Ward were granted on January 18, 2024 and vest in three equal annual installments over the three-year period following the grant date.

Were the vested RSUs for WFRD subject to an exercise price?

No cash exercise was required; the 1,816 RSUs converted into ordinary shares at an exercise price of $0, consistent with typical RSU structures.