Insider at National Energy Services (NESR) sells 699,888 shares
Rhea-AI Filing Summary
National Energy Services Reunited Corp. director-associated entity Al Nowais Investments LLC reported two open-market sales of NESR Ordinary Shares. On May 22, 2026, it sold 242,497 shares at a weighted average price of $26.14 per share, and on May 26, 2026, it sold 457,391 shares at a weighted average price of $26.12 per share. In total, 699,888 shares were sold, leaving the entity with 3,555,968 Ordinary Shares held indirectly after the latest transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 699,888 shares ($18,285,925)
Net Sell
2 txns
Insider
Al-Nowais Yousif Mohammed Ali Nasser
Role
Director
Sold
699,888 shs ($18.29M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 457,391 | $26.12 | $11.95M |
| Sale | Ordinary Shares | 242,497 | $26.14 | $6.34M |
Holdings After Transaction:
Ordinary Shares — 3,555,968 shares (Indirect, By Al Nowais Investments LLC)
Footnotes (1)
- Represents the weighted average price of the Ordinary Shares sold on May 22, 2026, ranging from a low of $26.00 to a high of $26.21 per share. The Reporting Persons undertake, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price. Represents the weighted average price of the Ordinary Shares sold on May 26, 2026, ranging from a low of $26.00 to a high of $26.40 per share. The Reporting Persons undertake, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price.
Key Figures
Shares sold May 22, 2026: 242,497 shares
Weighted average price May 22, 2026: $26.14/share
Shares sold May 26, 2026: 457,391 shares
+3 more
6 metrics
Shares sold May 22, 2026
242,497 shares
Open-market sale of NESR Ordinary Shares
Weighted average price May 22, 2026
$26.14/share
Sale price range $26.00 to $26.21
Shares sold May 26, 2026
457,391 shares
Open-market sale of NESR Ordinary Shares
Weighted average price May 26, 2026
$26.12/share
Sale price range $26.00 to $26.40
Total shares sold
699,888 shares
Combined May 22 and May 26, 2026 sales
Shares held after transactions
3,555,968 shares
Indirect holdings via Al Nowais Investments LLC
Key Terms
open-market sale, Ordinary Shares, weighted average price, indirect ownership, +1 more
5 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"Represents the weighted average price of the Ordinary Shares sold"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"ownership_type: indirect; nature_of_ownership: By Al Nowais Investments LLC"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NESR report in this Form 4 filing?
National Energy Services Reunited Corp. reported that Al Nowais Investments LLC, an entity associated with director Yousif Al-Nowais, sold 699,888 NESR Ordinary Shares in open-market transactions. These sales occurred over two days at weighted average prices slightly above $26 per share.