David John Reed - 06 Jan 2025 Form 4 Insider Report for Weatherford International plc (WFRD)

Signature
Kathy Medford by Power of Attorney
Issuer symbol
WFRD
Transactions as of
06 Jan 2025
Net transactions value
-$346,007
Form type
4
Filing time
08 Jan 2025, 16:32:04 UTC
Previous filing
03 Jan 2025
Next filing
22 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WFRD Ordinary Shares Sale $346,007 -4,762 -30% $72.66 11,109 06 Jan 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale was made pursuant to a 10b5-1 trading plan adopted by the reporting person on September 12, 2024.