Form 4 for WFRD Weatherford International plc
Accepted 2025-01-03 00:00:00 ET · period of report 2025-01-02 · accession 0001603923-25-000009 · 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 | Saligram Girish | Pres, CEO, Dir | M - OptEx | $0.00 | +237.5K | 238.3K | +29,470% | $0 |
| D | 2025-01-03 | 2025-01-02 | WFRD | Saligram Girish | Pres, CEO, Dir | F - Tax | $72.29 | -93.6K | 144.7K | -39% | -$6.77M |
| D | 2025-01-03 | 2025-01-02 | WFRD | Saligram Girish | Pres, CEO, Dir | M - OptEx | $0.00 | -237.5K | 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 | 237,529 | $0.00 | 238,335 | D | — | — | |
| 2 | Common | Ordinary Shares | 2025-01-02 | F | D | 93,594 | $72.29 | 144,741 | 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 | 237,529 | $0.00 | 0 | D | — · — to — | 237,529 Ordinary Shares | (F1) Represents the vesting of performance share units ("PSUs") granted on November 1, 2021 under the 2021 Weatherford Accelerating Growth & Efficiency ("WAGE") Program under the Issuer's 2019 Equity Incentive Plan, as amended (the "Plan"). The award vested at 100% based on achievement of performance metrics during the three-year performance period which ended on December 31, 2024. |