Weatherford (WFRD) director reports RSU vesting, cash settlement and new grant
Rhea-AI Filing Summary
Weatherford International director Benjamin Duster reported routine equity compensation changes. On March 7, 2026, 4,566 restricted share units granted in 2025 vested and were exercised into ordinary shares. The plan committee settled part of these vested RSUs in cash, leading to a deemed disposition of 1,690 ordinary shares back to the company at $90.80 per share. Duster also received a new grant of 2,497 RSUs that will vest in full on the first anniversary of the grant date. After these transactions, he directly holds 17,187 ordinary shares plus 2,497 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,876 shares
Net Buy
4 txns
Insider
Duster Benjamin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2025 Restricted Share Units | 4,566 | $0.00 | $0.00 |
| Grant/Award | 2026 Restricted Share Units | 2,497 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 4,566 | $0.00 | $0.00 |
| Disposition | Ordinary Shares | 1,690 | $90.80 | $153K |
Holdings After Transaction:
2025 Restricted Share Units — 0 shares (Direct);
2026 Restricted Share Units — 2,497 shares (Direct);
Ordinary Shares — 17,187 shares (Direct)
Footnotes (3)
- F1. 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").
- F2. 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.
- F3. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Weatherford (WFRD) director Benjamin Duster report?
Benjamin Duster reported vesting and exercise of 4,566 restricted share units into ordinary shares, a deemed disposition of 1,690 shares back to Weatherford at $90.80 per share, and a new grant of 2,497 restricted share units vesting in one year.
What new equity award did Weatherford (WFRD) grant Benjamin Duster?
Weatherford granted Benjamin Duster 2,497 restricted share units on March 7, 2026 under its 2019 Equity Incentive Plan. These RSUs are scheduled to vest in full on the first anniversary of the grant date, adding to his existing equity-based compensation.
How were Benjamin Duster’s 2025 Weatherford (WFRD) RSUs settled?
RSUs granted to Benjamin Duster on March 7, 2025 vested in full on March 7, 2026. The plan committee chose to settle the vested units partially in stock and partially in cash, with 1,690 underlying shares deemed disposed back to Weatherford for the cash portion.