Weatherford (NYSE: WFRD) director reports RSU vesting, new grant and share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weatherford International director Neal P. Goldman reported compensation-related equity moves. He exercised 4,566 2025 restricted share units into the same number of ordinary shares, reflecting full vesting under the company’s 2019 equity plan.
Of these vested shares, 1,690 were deemed disposed to the issuer at $90.80 per share because the award was settled partly in cash, leaving 2,876 ordinary shares held directly. Goldman also received a new grant of 2,497 restricted share units that vest in full one year after the March 7, 2026 grant date. In addition, 25,311 ordinary shares are held indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,566 shares exercised/converted
Mixed
5 txns
Insider
GOLDMAN NEAL P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2025 Restricted Share Units | 4,566 | $0.00 | -- |
| Grant/Award | 2026 Restricted Share Units | 2,497 | $0.00 | -- |
| Exercise | Ordinary Shares | 4,566 | $0.00 | -- |
| Disposition | Ordinary Shares | 1,690 | $90.80 | $153K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
2025 Restricted Share Units — 0 shares (Direct);
2026 Restricted Share Units — 2,497 shares (Direct);
Ordinary Shares — 4,566 shares (Direct);
Ordinary Shares — 25,311 shares (Indirect, By Trust)
Footnotes (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"). 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. 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
What did Weatherford (WFRD) director Neal P. Goldman report on this Form 4?
Neal P. Goldman reported the full vesting and exercise of 4,566 2025 restricted share units into ordinary shares, a deemed disposition of 1,690 shares to the issuer tied to partial cash settlement, and a new grant of 2,497 restricted share units vesting in one year.
How many Weatherford (WFRD) RSUs vested for Neal P. Goldman and what happened to them?
A total of 4,566 restricted share units granted in 2025 vested in full and converted into ordinary shares. At the equity plan committee’s election, part of the vested award was settled in cash, resulting in a deemed disposition of 1,690 underlying shares back to the issuer.
What new equity award did Neal P. Goldman receive from Weatherford (WFRD)?
Goldman received 2,497 new restricted share units on March 7, 2026 under Weatherford’s 2019 Equity Incentive Plan. These RSUs vest in full on the first anniversary of the grant date, providing a time-based equity incentive tied to continued service over the next year.
Were Neal P. Goldman’s Weatherford (WFRD) transactions open-market buys or sells?
No open-market buys or sells are reported. The filing shows an exercise of 4,566 restricted share units, a grant of 2,497 new RSUs, and a disposition of 1,690 shares back to the issuer due to partial cash settlement, all stemming from equity compensation arrangements.