Form 4 for WFRD Weatherford International plc
Accepted 2025-01-03 00:00:00 ET · period of report 2025-01-02 · accession 0001603923-25-000008 · 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 | 2025-01-03 | 2025-01-02 | WFRD | Sandhu Depinder | EVP, Gbl Product Lines | M - OptEx | $0.00 | +20.0K | 22.5K | +789% | $0 |
| D | 2025-01-03 | 2025-01-02 | WFRD | Sandhu Depinder | EVP, Gbl Product Lines | F - Tax | $72.29 | -7,997 | 14.5K | -35% | -$578.1K |
| D | 2025-01-03 | 2025-01-02 | WFRD | Sandhu Depinder | EVP, Gbl Product Lines | M - OptEx | $0.00 | -20.0K | 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 | Ordinary Shares | 2025-01-02 | M | A | 20,000 | $0.00 | 22,536 | D | — | — | |
| 2 | Common | Ordinary Shares | 2025-01-02 | F | D | 7,997 | $72.29 | 14,539 | D | — | — | (F2) Transaction was a withholding of a portion of vested PSUs to satisfy the reporting person's tax obligations upon vesting, pursuant to the Plan, and the relevant award agreement. |
| 3 | Derivative | 2021 Program Performance Share Units | 2025-01-02 | M | D | 20,000 | $0.00 | 0 | D | — · — to — | 20,000 Ordinary Shares | (F1) Represents the vesting of (i) 8,000 performance share units ("PSUs") granted on November 1, 2021, (ii) 10,000 PSUs granted on June 30, 2022 and (iii) 2,000 PSUs granted on December 31, 2022 under the 2021 Weatherford Accelerating Growth & Efficiency ("WAGE") Program under the Issuer's 2019 Equity Incentive Plan, as amended (the "Plan"). The awards vested at 100% based on achievement of performance metrics during the three-year performance period which ended on December 31, 2024. |