Form 4: Noble Corp Executive Jennie Howard Reports Stock Transactions
SEC Form 4
Jennie Howard, SVP, Gen. Counsel & Corp. Sec. of Noble Corp plc, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On April 1, 2024, Jennie Howard, SVP, Gen. Counsel & Corp. Sec. of Noble Corp plc, reported transactions involving Noble Corp plc [NE] stock.
- Howard acquired 2,051 shares upon the vesting of restricted stock units (RSUs).
- 808 shares were withheld by the issuer to satisfy tax withholding requirements at a price of $48.34.
- Following these transactions, Howard directly owns 3,842 shares.
- Howard also directly owns 17,888 derivative securities in the form of Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider activity, but the number of shares involved is relatively small.
Key Dates
| Date | Description |
|---|---|
| 04/01/2022 | Grant date of the Restricted Stock Units (RSUs) which vest in three equal annual installments beginning on the first anniversary of the grant date. |
| 04/01/2024 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
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