Richard D. Ward - 18 Jan 2025 Form 4 Insider Report for Weatherford International plc (WFRD)

Role
EVP Global Field Operations
Signature
Kathy Medford by Power of Attorney
Issuer symbol
WFRD
Transactions as of
18 Jan 2025
Net transactions value
-$39,881
Form type
4
Filing time
22 Jan 2025, 17:09:14 UTC
Previous filing
22 Jan 2024
Next filing
11 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WFRD Ordinary Shares Options Exercise $0 +1,817 $0.000000 1,817 18 Jan 2025 Direct F1
transaction WFRD Ordinary Shares Tax liability $39,881 -539 -30% $73.99 1,278 18 Jan 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WFRD Restricted Share Units Options Exercise $0 -1,817 -33% $0.000000 3,631 18 Jan 2025 Ordinary Shares 1,817 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of restricted share units ("RSUs") granted on January 18, 2024 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in equal annual installments over the three-year period following the grant date.
F2 Transaction was a withholding of a portion of vested RSUs to satisfy the reporting person's tax obligations upon vesting, pursuant to the 2019 EIP and the relevant award agreement.