Richard D. Ward - 07 Mar 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: 07 Mar 2025
Net transactions value: $0
Form type: 4
Filing time: 11 Mar 2025, 16:51:09 UTC
Previous filing: 22 Jan 2025
Next filing: 21 Jan 2026
SEC: View on sec.gov

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	2025 Restricted Share Units	Award	$0	+10,675		$0.000000	10,675	07 Mar 2025	Ordinary Shares	10,675		Direct	F1
transaction	WFRD	2025 Performance Share Units	Award	$0	+16,013		$0.000000	16,013	07 Mar 2025	Ordinary Shares	16,013		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted share units ("RSUs") granted on March 7, 2025 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in three equal annual installments over the three-year period following the grant date.
F2	Represents performance share units ("PSUs") granted on March 7, 2025 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of the target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance during the Issuer's three fiscal years beginning on January 1, 2025 and ending December 31, 2027.

Content

Represents restricted share units ("RSUs") granted on March 7, 2025 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in three equal annual installments over the three-year period following the grant date.

Represents performance share units ("PSUs") granted on March 7, 2025 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of the target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance during the Issuer's three fiscal years beginning on January 1, 2025 and ending December 31, 2027.