Weatherford (WFRD) EVP Weatherholt reports RSU vesting, new RSU and PSU grants

Rhea-AI Filing Summary

Weatherford International executive Scott C. Weatherholt, EVP, GC & CCO, reported routine equity compensation activity involving restricted and performance share units tied to the company’s ordinary shares.

On March 7, 2026, 3,788 restricted share units granted on March 7, 2025 vested and were converted into 3,788 ordinary shares under the 2019 Equity Incentive Plan. To cover tax obligations upon this vesting, 1,491 ordinary shares were withheld at $90.80 per share, a non-market, tax-withholding disposition rather than an open-market sale.

The same day, Weatherholt received new awards of 7,079 restricted share units scheduled to vest in three equal annual installments and 10,619 performance share units, reported at target level, that may pay out between 0% and 200% of target based on performance over the company’s fiscal years from 2026 through 2028. Following these transactions, he directly holds 131,645 ordinary shares, reflecting continued equity exposure through both shares and unvested awards.

Insider Trade Summary

3,788 shares exercised/converted

Mixed 5 txns

Insider Weatherholt Scott C

Role EVP, GC & CCO

Type	Security	Shares	Price	Value
Exercise	2025 Restricted Share Units	3,788	$0.00	--
Grant/Award	2026 Restricted Share Units	7,079	$0.00	--
Grant/Award	2026 Performance Share Units	10,619	$0.00	--
Exercise	Ordinary Shares	3,788	$0.00	--
Tax Withholding	Ordinary Shares	1,491	$90.80	$135K

Holdings After Transaction: 2025 Restricted Share Units — 7,574 shares (Direct); 2026 Restricted Share Units — 7,079 shares (Direct); 2026 Performance Share Units — 10,619 shares (Direct); Ordinary Shares — 133,136 shares (Direct)

Footnotes (1)

1. Represents the vesting of restricted share units ("RSUs") granted on March 7, 2025 pursuant to 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. 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. Represents RSUs granted on March 7, 2026 pursuant to the 2019 EIP. The RSUs vest in three equal annual installments over the three-year period following the grant date. Represents performance share units ("PSUs") granted on March 7, 2026 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of the target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance during the Issuer's three fiscal years beginning on January 1, 2026 and ending December 31, 2028.

Form 4 Insider Transactions: What Each Field Means →

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

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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^*

Weatherholt Scott C

(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, GC & CCO

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)		3,788	A	$0	133,136	D
Ordinary Shares	03/07/2026		F(2)		1,491	D	$90.8	131,645	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
2025 Restricted Share Units	(1)	03/07/2026		M			3,788	(1)	(1)	Ordinary Shares	3,788	$0	7,574	D
2026 Restricted Share Units	(3)	03/07/2026		A		7,079		(3)	(3)	Ordinary Shares	7,079	$0	7,079	D
2026 Performance Share Units	(4)	03/07/2026		A		10,619		(4)	(4)	Ordinary Shares	10,619	$0	10,619	D

Explanation of Responses:

1. Represents the vesting of restricted share units ("RSUs") granted on March 7, 2025 pursuant to 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.

3. Represents RSUs granted on March 7, 2026 pursuant to the 2019 EIP. The RSUs vest in three equal annual installments over the three-year period following the grant date.

4. Represents performance share units ("PSUs") granted on March 7, 2026 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of the target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance during the Issuer's three fiscal years beginning on January 1, 2026 and ending December 31, 2028.

Remarks:

	Kathy Medford by Power of Attorney	03/10/2026
	** Signature of Reporting Person	Date
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FAQ

What insider equity transactions did Weatherford (WFRD) report for Scott C. Weatherholt?

Scott C. Weatherholt reported vesting and new grants of equity awards. RSUs granted in 2025 vested into 3,788 ordinary shares, while new 7,079 RSUs and 10,619 PSUs were granted on March 7, 2026 under the 2019 Equity Incentive Plan.

Did the Weatherford (WFRD) Form 4 show any open-market stock sales by Scott C. Weatherholt?

The Form 4 does not show any open-market sales. It reports 1,491 shares withheld at $90.80 per share solely to satisfy tax obligations on vested RSUs, a non-market disposition required by the equity plan and award agreements.

How many Weatherford (WFRD) ordinary shares does Scott C. Weatherholt hold after these transactions?

After the reported transactions, Weatherholt directly holds 131,645 ordinary shares. This total reflects shares received from vested RSUs and the shares withheld for taxes, and it sits alongside unvested RSU and PSU awards granted under the 2019 Equity Incentive Plan.

What new restricted share units did Scott C. Weatherholt receive from Weatherford (WFRD)?

He received 7,079 new restricted share units on March 7, 2026. These RSUs were granted under the 2019 Equity Incentive Plan and vest in three equal annual installments over the three-year period following the grant date, subject to continued service conditions.

What are the terms of the performance share units granted to Scott C. Weatherholt by Weatherford (WFRD)?

Weatherholt was granted 10,619 performance share units at target on March 7, 2026. The payout can range from 0% to 200% of target based on performance over fiscal years beginning January 1, 2026 and ending December 31, 2028.

How were Scott C. Weatherholt’s tax obligations handled for vested Weatherford (WFRD) RSUs?

Tax obligations were settled through share withholding. A total of 1,491 ordinary shares were withheld at $90.80 per share from vested RSUs to satisfy taxes, consistent with the 2019 Equity Incentive Plan and related award agreements.