Form 4 for NBR NABORS INDUSTRIES LTD
Accepted 2026-01-05 00:00:00 ET · period of report 2025-12-31 · accession 0001163739-26-000012 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-01-05 | 2025-12-31 | NBR | Andrews Mark D | Corp. Sec | D - Sale to Iss | $0.00 | -1,582 | 18.1K | -8% | $0 |
| D | 2026-01-05 | 2026-01-01 | NBR | Andrews Mark D | Corp. Sec | M - OptEx | $0.00 | +1,642 | 19.8K | +9% | $0 |
| D | 2026-01-05 | 2026-01-01 | NBR | Andrews Mark D | Corp. Sec | A - Grant | $0.00 | +1,642 | 1,642 | New | $0 |
| D | 2026-01-05 | 2026-01-01 | NBR | Andrews Mark D | Corp. Sec | M - OptEx | $0.00 | -1,642 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-12-31 | D | D | 1,582 | $0.00 | 18,113 | D | — | — | (F1) Represents the number of TSR shares forfeited on December 31, 2025, out of a total of 1,582 TSR shares originally granted to the Reporting Person on February 14, 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"). |
| 2 | Common | Common Stock | 2026-01-01 | M | A | 1,642 | $0.00 | 19,755 | D | — | — | (F2) 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. |
| 3 | Derivative | 2023 Long Term Performance Share Units | 2026-01-01 | A | A | 1,642 | $0.00 | 1,642 | D | — · — to — | 1,642 Common Stock | (F4) 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 for a 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. (F3) Performance restricted stock units convert into common shares on a 1-for-1 basis. |
| 4 | Derivative | 2023 Long Term Performance Share Units | 2026-01-01 | M | D | 1,642 | $0.00 | 0 | D | — · — to — | 1,642 Common Stock | (F2) 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. (F3) Performance restricted stock units convert into common shares on a 1-for-1 basis. |