Form 4: Noble Corp Executive Jennie Howard Reports Stock Transactions
SEC Form 4 Filing
Jennie Howard, SVP, Gen. Counsel & Corp. Sec. of Noble Corp, reports acquisition and disposal of Ordinary Shares and Restricted Stock Units on February 3, 2025.
Summary
- On February 3, 2025, Jennie Howard, SVP, Gen. Counsel & Corp. Sec. of Noble Corp, reported transactions involving Noble Corp plc Ordinary Shares and Restricted Stock Units (RSUs).
- Howard acquired 2,485 Ordinary Shares through the vesting of RSUs.
- She also disposed of 994 Ordinary Shares to satisfy tax withholding requirements at a price of $31.47.
- Following these transactions, Howard directly owns 7,337 Ordinary Shares.
- Howard also reported holding 31,375 Restricted Stock Units after the reported transactions.
- The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents routine transactions related to executive compensation and tax obligations.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their sentiment towards the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/03/2023 | Grant date of RSUs that vest in three equal annual installments beginning on the first anniversary of the grant date. |
| 02/03/2025 | Date of transaction: acquisition of Ordinary Shares through RSU vesting and disposal of shares for tax withholding. |
| 02/05/2025 | Date of signature for the Form 4 filing. |
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