Anthony G. Petrello - 31 Dec 2025 Form 4 Insider Report for NABORS INDUSTRIES LTD (NBR)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
05 Jan 2026, 08:48:21 UTC
Prior SEC filing
03 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark D. Andrews by Power of Attorney for Anthony G. Petrello

Key filing fact

Anthony G. Petrello filed Form 4 for NABORS INDUSTRIES LTD (NBR) on 05 Jan 2026.

Key facts

  • This page summarizes Anthony G. Petrello's Form 4 filing for NABORS INDUSTRIES LTD (NBR).
  • 17 reported transactions and 8 derivative rows are listed below.
  • Accepted by SEC: 05 Jan 2026, 08:48.

Change

  • Previous filing in this sequence was filed on 03 Jan 2025.
  • Current net transaction value: -$1,174,563.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001195669 Primary reporting owner

PETRELLO ANTHONY G

Relationship
CHAIRMAN, PRESIDENT & CEO, Director
Address
C/O NABORS CORPORATE SERVICES, INC., 515 WEST GREENS ROAD, HOUSTON
Signature
/s/ Mark D. Andrews by Power of Attorney for Anthony G. Petrello
Signature date
05 Jan 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NBR transaction

Common Stock

Gift

Transaction value
$0
Shares
-18,000
Change %
-5.8%
Price
$0.000000
Shares after
294,793
Date
31 Dec 2025
Ownership
Trust
Footnotes
F1
NBR transaction

Common Stock

Disposed to Issuer

Transaction value
$0
Shares
-17,843
Change %
-19%
Price
$0.000000
Shares after
74,426
Date
31 Dec 2025
Ownership
Direct
Footnotes
F2
NBR transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+5,016
Change %
+6.7%
Price
$0.000000
Shares after
79,442
Date
01 Jan 2026
Ownership
Direct
Footnotes
F3
NBR transaction

Common Stock

Tax liability

Transaction value
$107,188
Shares
-1,974
Change %
-2.5%
Price
$54.30
Shares after
77,468
Date
01 Jan 2026
Ownership
Direct
Footnotes
F4
NBR transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+13,980
Change %
+18%
Price
$0.000000
Shares after
91,448
Date
01 Jan 2026
Ownership
Direct
Footnotes
F5
NBR transaction

Common Stock

Tax liability

Transaction value
$298,759
Shares
-5,502
Change %
-6%
Price
$54.30
Shares after
85,946
Date
01 Jan 2026
Ownership
Direct
Footnotes
F6
NBR transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+19,098
Change %
+22%
Price
$0.000000
Shares after
105,044
Date
01 Jan 2026
Ownership
Direct
Footnotes
F7
NBR transaction

Common Stock

Tax liability

Transaction value
$417,730
Shares
-7,693
Change %
-7.3%
Price
$54.30
Shares after
97,351
Date
01 Jan 2026
Ownership
Direct
Footnotes
F8
NBR transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+16,420
Change %
+17%
Price
$0.000000
Shares after
113,771
Date
01 Jan 2026
Ownership
Direct
Footnotes
F9
NBR transaction

Common Stock

Tax liability

Transaction value
$350,887
Shares
-6,462
Change %
-5.7%
Price
$54.30
Shares after
107,309
Date
01 Jan 2026
Ownership
Direct
Footnotes
F10
NBR transaction

Common Stock

Award

Transaction value
$0
Shares
+48,621
Change %
+45%
Price
$0.000000
Shares after
155,930
Date
01 Jan 2026
Ownership
Direct
Footnotes
F11

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NBR transaction Derivative

2023 Performance Share Units

Options Exercise

Transaction value
$0
Shares
-5,016
Change %
-100%
Price
$0.000000
Shares after
0
Date
01 Jan 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,016
Exercise price
Footnotes
F3, F12
NBR transaction Derivative

2024 Performance Share Units

Options Exercise

Transaction value
$0
Shares
-13,980
Change %
-50%
Price
$0.000000
Shares after
13,981
Date
01 Jan 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,980
Exercise price
Footnotes
F5, F12
NBR transaction Derivative

2025 Performance Share Units

Award

Transaction value
$0
Shares
+57,293
Change %
Price
$0.000000
Shares after
57,293
Date
01 Jan 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
57,293
Exercise price
Footnotes
F12, F13
NBR transaction Derivative

2025 Performance Share Units

Options Exercise

Transaction value
$0
Shares
-19,098
Change %
-33%
Price
$0.000000
Shares after
38,195
Date
01 Jan 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
19,098
Exercise price
Footnotes
F7, F12
NBR transaction Derivative

2023 Long Term Performance Share Units

Award

Transaction value
$0
Shares
+16,420
Change %
Price
$0.000000
Shares after
16,420
Date
01 Jan 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
16,420
Exercise price
Footnotes
F12, F14
NBR transaction Derivative

2023 Long Term Performance Share Units

Options Exercise

Transaction value
$0
Shares
-16,420
Change %
-100%
Price
$0.000000
Shares after
0
Date
01 Jan 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
16,420
Exercise price
Footnotes
F9, F12
NBR holding Derivative

2021 Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,470
Date
31 Dec 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,470
Exercise price
$166.67
NBR holding Derivative

2021 Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
170,649
Date
31 Dec 2025
Ownership
Trust
Underlying class
Common Stock
Underlying amount
170,649
Exercise price
$166.67
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 14 footnotes

Footnote F1

These shares were donated to a charitable foundation for which Mr. Petrello has shared voting and dispositive power. Mr. Petrello disclaims beneficial ownership of the shares held by the charitable foundation.

Footnote F2

Represents the number of TSR shares forfeited on December 31, 2025, out of a total of 17,843 TSR shares originally granted to Mr. Petrello on January 1, 2023, based on the Issuer's relative total shareholder return as compared to a peer group of companies during the three-year performance period beginning on January 1, 2023 and ending on December 31, 2025, as determined on December 31, 2025, by the Compensation Committee of the Issuer's Board of Directors (the "Compensation Committee").

Footnote F3

Reflects the number of shares vesting on January 1, 2026 in respect of the 15,048 earned and vested Performance restricted stock units originally granted on January 1, 2023.

Footnote F4

Reflects the number of shares surrendered on January 1, 2026 to satisfy the tax withholding on the vesting and issuance of 5,016 shares of the 15,048 Performance restricted stock units originally granted on January 1, 2023. The remaining 3,042 vested performance shares were retained by Mr. Petrello.

Footnote F5

Reflects the number of shares vesting on January 1, 2026 in respect of the 41,942 earned and vested Performance restricted stock units originally granted on January 1, 2024.

Footnote F6

Reflects the number of shares surrendered on January 1, 2026 to satisfy the tax withholding on the vesting and issuance of 13,980 shares of the 41,942 Performance restricted stock units originally granted on January 1, 2024. The remaining 8,478 vested performance shares were retained by Mr. Petrello.

Footnote F7

Reflects the number of shares vesting on January 1, 2026 in respect of the 57,293 earned and vested Performance restricted stock units originally granted on January 1, 2025.

Footnote F8

Reflects the number of shares surrendered on January 1, 2026 to satisfy the tax withholding on the vesting and issuance of 19,098 shares of the 57,293 Performance restricted stock units originally granted on January 1, 2025. The remaining 11,405 vested performance shares were retained by Mr. Petrello.

Footnote F9

Represents the aggregate number of Long Term 2023 Performance restricted stock units originally granted on May 18, 2023, the vesting of which was subject to the achievement of certain ROIC performance criteria, that have been earned as a result of the achievement of the applicable performance criteria. All of such shares have fully vested as of January 1, 2026.

Footnote F10

Reflects the number of shares surrendered on January 1, 2026 to satisfy the tax withholding on the vesting and issuance of 16,420 shares of the 2023 Long Term Performance restricted stock units originally granted on May 18, 2023. The remaining 9,958 vested performance shares were retained by Mr. Petrello.

Footnote F11

Represents an award of TSR shares that will only vest at the end of a three-year performance period (January 1, 2026 to December 31, 2028) based on the Issuer's relative total shareholder return as compared to a peer group of companies. The number of shares reported represents the maximum that may be earned, which is 200% of the target number. No number of shares is guaranteed to vest and the actual number of shares that will vest at the end of the performance period may be anywhere from zero to the amount stated.

Footnote F12

Performance restricted stock units convert into common shares on a 1-for-1 basis.

Footnote F13

These Performance restricted stock units were earned by Mr. Petrello pursuant to his employment agreement based on the achievement of certain objectives for the year 2025, as determined on December 31, 2025, by the Compensation Committee. 191.78% of the target number of performance restricted stock units granted pursuant to the terms of Mr. Petrello's employment agreement were determined to have been earned. The number reported above reflects the number of earned performance restricted stock units that are payable in share-settled restricted stock units. The remaining 52,578 performance restricted stock units were settled in cash pursuant to the terms of the applicable award agreement. The Performance restricted stock units that settle in shares are scheduled to vest in three (3) equal annual installments beginning on the first anniversary of the date of grant, January 1, 2026.

Footnote F14

On May 18, 2023, the Reporting Person was granted Performance restricted stock units, the vesting of which is subject to the achievement of certain ROIC performance criteria during the three-year performance period beginning on January 1, 2023 and ending on December 31, 2025. The number of shares reported in this line item represents the number of Performance restricted stock units that were earned as a result of the achievement of such performance criteria.

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