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.

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^*

Duster Benjamin

(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	18,877	D
Ordinary Shares	03/07/2026		D(2)		1,690	D	$90.8	17,187	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			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.
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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.

How many Weatherford (WFRD) shares does Benjamin Duster hold after this Form 4?

After the reported transactions, Benjamin Duster directly holds 17,187 Weatherford ordinary shares. He also holds 2,497 additional restricted share units that were granted on March 7, 2026 and are scheduled to vest on the first anniversary of that grant date.

Was Benjamin Duster’s Weatherford (WFRD) Form 4 a market sale of shares?

No, the reported disposition involved 1,690 shares deemed returned to Weatherford at $90.80 per share. This reflects settlement of part of vested restricted share units in cash, not an open-market sale, and is characterized as a disposition to the issuer.

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.