Form 4: National Energy Services Reunited CEO Sells Shares
Insider Transaction (Form 4)
Sherif Foda, Chief Executive Officer and a Director of National Energy Services Reunited Corp., sold 100,000 shares of common stock on August 31, 2026 for $35.00 per share.
Summary
- Open-market sale: disposed of 100,000 Ordinary Shares at $35.00 ($3,500,000) on August 31, 2026; holds 3,084,643 after (Direct).
- Bona fide gift: disposed of 675,000 Ordinary Shares on September 2, 2026; holds 2,409,643 after (Direct).
- Bona fide gift: acquired 675,000 Ordinary Shares on September 2, 2026; holds 675,000 after (Indirect).
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $3,500,000 of stock on the open market.
Insider Transactions
Sherif Foda — Director, Officer (Chief Executive Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-31 | Open-market sale | Ordinary Shares | 100,000 | $35 | $3.5M | 3,084,643 |
| 2026-09-02 | Bona fide gift | Ordinary Shares | 675,000 | — | — | 2,409,643 |
| 2026-09-02 | Bona fide gift | Ordinary Shares | 675,000 | — | — | 675,000 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-31 | Open-market sale (100,000 shares) |
| 2026-09-02 | Bona fide gift (675,000 shares) |
| 2026-09-02 | Bona fide gift (675,000 shares) |
Keywords
insider transaction, Form 4, NESR, National Energy Services Reunited Corp., bearish, Sherif Foda
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