Key facts
- This page summarizes Charles Davison's Form 4 filing for Weatherford International plc (WFRD).
- 5 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 22 Jan 2024, 16:42.
Charles Davison - 18 Jan 2024 Form 4 Insider Report for Weatherford International plc (WFRD)
- Reporting relationship
- Chief Fulfillment and Enter...
- Issuer ticker
- WFRD
- Reported as of
- 18 Jan 2024
- Net transaction value
- -$125,685
- SEC form
- 4
- Accepted by SEC
- 22 Jan 2024, 16:42:32 UTC
- Prior SEC filing
- 20 Jan 2023
- Source filing
- View source filing
- Reporting owner signature
- Christine M. Morrison by Power of Attorney
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Charles Davison filed Form 4 for Weatherford International plc (WFRD) on 22 Jan 2024.
Change
- Previous filing in this sequence was filed on 20 Jan 2023.
- Current net transaction value: -$125,685.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WFRD
transaction
Ordinary Shares
Options Exercise
- Transaction value
- $0
- Shares
- +3,418
- Change %
- Price
- $0.000000
- Shares after
- 3,418
- Date
- 18 Jan 2024
- Ownership
- Direct
- Footnotes
- F1
WFRD
transaction
Ordinary Shares
Tax liability
- Transaction value
- $125,685
- Shares
- -1,330
- Change %
- -39%
- Price
- $94.50
- Shares after
- 2,088
- Date
- 18 Jan 2024
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WFRD
transaction
Derivative
Restricted Share Units
Options Exercise
- Transaction value
- $0
- Shares
- -3,418
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 6,834
- Date
- 18 Jan 2024
- Ownership
- Direct
- Underlying class
- Ordinary Shares
- Underlying amount
- 3,418
- Exercise price
- Footnotes
- F1
WFRD
transaction
Derivative
2024 Annual Performance Share Units
Award
- Transaction value
- $0
- Shares
- +4,903
- Change %
- Price
- $0.000000
- Shares after
- 4,903
- Date
- 18 Jan 2024
- Ownership
- Direct
- Underlying class
- Ordinary Shares
- Underlying amount
- 4,903
- Exercise price
- Footnotes
- F3
WFRD
transaction
Derivative
Restricted Share Units
Award
- Transaction value
- $0
- Shares
- +3,268
- Change %
- Price
- $0.000000
- Shares after
- 3,268
- Date
- 18 Jan 2024
- Ownership
- Direct
- Underlying class
- Ordinary Shares
- Underlying amount
- 3,268
- Exercise price
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Represents the vesting of restricted share units ("RSUs") granted on January 18, 2023 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in three equal installments annually over the three-year period from the date of grant.
Footnote F2
Transaction was a withholding of a portion of vested RSUs to satisfy the reporting person's tax withholding obligations upon vesting, pursuant to the award agreement and associated equity incentive plan under which the award was granted.
Footnote F3
Represents performance share units ("PSUs") granted on January 18, 2024 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 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 at the end of the performance period, which is the Issuer's three fiscal years beginning on January 1, 2024 and ending December 31, 2026.
Footnote F4
Represents RSUs granted on January 18, 2024 pursuant to the 2019 EIP. The RSUs vest in three equal installments annually over the three-year period from the date of grant.