Weatherford director updates equity awards and holdings
Weatherford International director Benjamin Duster reported routine equity compensation changes.
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
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Insider Trade Summary
| 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 |
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.
FAQ
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What insider transactions did Weatherford (WFRD) director Benjamin Duster report?
What new equity award did Weatherford (WFRD) grant Benjamin Duster?
How were Benjamin Duster’s 2025 Weatherford (WFRD) RSUs settled?
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