Form 4 for WFRD Weatherford International plc
Accepted 2025-01-03 00:00:00 ET · period of report 2025-01-02 · accession 0001603923-25-000011 · 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 | Reed David John | EVP, Chief Commercial Off | M - OptEx | $0.00 | +26.4K | 26.4K | New | $0 |
| D | 2025-01-03 | 2025-01-02 | WFRD | Reed David John | EVP, Chief Commercial Off | F - Tax | $72.29 | -10.5K | 15.9K | -40% | -$759.5K |
| D | 2025-01-03 | 2025-01-02 | WFRD | Reed David John | EVP, Chief Commercial Off | M - OptEx | $0.00 | -26.4K | 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 | 26,377 | $0.00 | 26,377 | D | — | — | |
| 2 | Common | Ordinary Shares | 2025-01-02 | F | D | 10,506 | $72.29 | 15,871 | 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 | 26,377 | $0.00 | 0 | D | — · — to — | 26,377 Ordinary Shares | (F1) Represents the vesting of (i) 21,377 performance share units ("PSUs") granted on November 1, 2021 and (ii) 5,000 PSUs granted on June 30, 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. |