Rodriguez Miguel Angel Rodriguez - 01 Jan 2026 Form 4 Insider Report for NABORS INDUSTRIES LTD (NBR)

Reporting relationship: CHIEF FINANCIAL OFFICER
Issuer ticker: NBR
Reported as of: 01 Jan 2026
Net transaction value: -$44,092
SEC form: 4
Accepted by SEC: 05 Jan 2026, 08:51:45 UTC
Prior SEC filing: 12 Nov 2025
Next SEC filing: 11 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Mark D. Andrews by Power of Attorney for Miguel Angel Rodriguez Rodriguez

Filing notes and source

Key filing fact

Rodriguez Miguel Angel Rodriguez filed Form 4 for NABORS INDUSTRIES LTD (NBR) on 05 Jan 2026.

Key facts

This page summarizes Rodriguez Miguel Angel Rodriguez's Form 4 filing for NABORS INDUSTRIES LTD (NBR).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 05 Jan 2026, 08:51.

Change

Previous filing in this sequence was filed on 12 Nov 2025.
Current net transaction value: -$44,092.

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 0002092629 Primary reporting owner

Rodriguez Rodriguez Miguel Angel

Relationship: CHIEF FINANCIAL OFFICER
Address: C/O NABORS CORPORATE SERVICES, INC., 515 W. GREENS ROAD, HOUSTON
Signature: /s/ Mark D. Andrews by Power of Attorney for Miguel Angel Rodriguez Rodriguez
Signature date: 05 Jan 2026

Reported non-derivative transactions

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

NBR transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +2,736
Change %: +14%
Price: $0.000000
Shares after: 21,944
Date: 01 Jan 2026
Ownership: Direct
Footnotes: F1

NBR transaction

Common Stock

Tax liability

Transaction value: $44,092
Shares: -812
Change %: -3.7%
Price: $54.30
Shares after: 21,132
Date: 01 Jan 2026
Ownership: Direct
Footnotes: F2

NBR transaction

Common Stock

Award

Transaction value: $0
Shares: +11,576
Change %: +55%
Price: $0.000000
Shares after: 32,708
Date: 01 Jan 2026
Ownership: Direct
Footnotes: F3

NBR transaction

Common Stock

Award

Transaction value: $0
Shares: +9,208
Change %: +28%
Price: $0.000000
Shares after: 41,916
Date: 01 Jan 2026
Ownership: Direct
Footnotes: F4

Reported derivative securities

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

NBR transaction Derivative

2023 Long Term Performance Share Units

Award

Transaction value: $0
Shares: +2,736
Change %
Price: $0.000000
Shares after: 2,736
Date: 01 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,736
Exercise price
Footnotes: F5, F6

NBR transaction Derivative

2023 Long Term Performance Share Units

Options Exercise

Transaction value: $0
Shares: -2,736
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 01 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,736
Exercise price
Footnotes: F1, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

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 F2

Reflects the number of shares surrendered on January 1, 2026 to satisfy the tax withholding on the vesting and issuance of 2,736 shares of the 2023 Long Term Performance restricted stock units originally granted on May 18, 2023. The remaining 1,924 vested performance shares were retained by the Reporting Person.

Footnote F3

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 F4

The Reporting Person was granted a restricted stock award on January 1, 2026 in connection with his appointment as Chief Financial Officer on October 1, 2025, that will cliff vest in full on January 1, 2030.

Footnote F5

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

Footnote F6

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.