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Weatherford (NYSE: WFRD) director reports RSU vesting, new grant and share disposition

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

Rhea-AI Filing Summary

Weatherford International director Neal P. Goldman reported compensation-related equity moves. He exercised 4,566 2025 restricted share units into the same number of ordinary shares, reflecting full vesting under the company’s 2019 equity plan.

Of these vested shares, 1,690 were deemed disposed to the issuer at $90.80 per share because the award was settled partly in cash, leaving 2,876 ordinary shares held directly. Goldman also received a new grant of 2,497 restricted share units that vest in full one year after the March 7, 2026 grant date. In addition, 25,311 ordinary shares are held indirectly through a trust.

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*
GOLDMAN NEAL P

(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
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 4,566 D
Ordinary Shares 03/07/2026 D(2) 1,690 D $90.8 2,876 D
Ordinary Shares 25,311 I By Trust
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.

FAQ

What did Weatherford (WFRD) director Neal P. Goldman report on this Form 4?

Neal P. Goldman reported the full vesting and exercise of 4,566 2025 restricted share units into ordinary shares, a deemed disposition of 1,690 shares to the issuer tied to partial cash settlement, and a new grant of 2,497 restricted share units vesting in one year.

How many Weatherford (WFRD) RSUs vested for Neal P. Goldman and what happened to them?

A total of 4,566 restricted share units granted in 2025 vested in full and converted into ordinary shares. At the equity plan committee’s election, part of the vested award was settled in cash, resulting in a deemed disposition of 1,690 underlying shares back to the issuer.

What new equity award did Neal P. Goldman receive from Weatherford (WFRD)?

Goldman received 2,497 new restricted share units on March 7, 2026 under Weatherford’s 2019 Equity Incentive Plan. These RSUs vest in full on the first anniversary of the grant date, providing a time-based equity incentive tied to continued service over the next year.

How many Weatherford (WFRD) ordinary shares does Neal P. Goldman hold directly after these transactions?

After exercising vested RSUs and the related deemed disposition to the issuer, Goldman holds 2,876 Weatherford ordinary shares directly. This reflects the remaining shares from the 4,566-unit vesting after 1,690 shares were treated as disposed due to partial cash settlement of the award.

Does Neal P. Goldman have any indirect holdings of Weatherford (WFRD) shares?

Yes. In addition to his direct holdings, 25,311 Weatherford ordinary shares are reported as held indirectly by a trust. This indirect entry is shown as a holding, not a new transaction, and indicates shares associated with Goldman through a trust arrangement.

Were Neal P. Goldman’s Weatherford (WFRD) transactions open-market buys or sells?

No open-market buys or sells are reported. The filing shows an exercise of 4,566 restricted share units, a grant of 2,497 new RSUs, and a disposition of 1,690 shares back to the issuer due to partial cash settlement, all stemming from equity compensation arrangements.
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