Restrepo William J sold NBR
September 30, 2025 · Form 4 insider transaction
Restrepo William J sold 7,074 shares of Nabors Industries Ltd. at $40.87 per share, a transaction worth $289.1K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 6 days after the transaction.
Footnotes
Mr. Restrepo retired on September 30, 2025. Pursuant to the Executive's employment agreement, upon a qualifying retirement, all unvested TSR Shares held by the reporting person vested in full on the retirement date.; Reflects the number of shares surrendered on September 30, 2025 to satisfy the tax withholding on the vesting of 17,975 TSR shares deemed earned at maximum out of a total of 17,975 shares originally granted to Mr. Restrepo on January 1, 2024, for the three-year performance period beginning on January 1, 2024 and ending on December 31, 2026, as determined on September 30, 2025 by the Compensation Committee in connection with Mr. Restrepo's retirement entitlement pursuant to his employment agreement. The remaining 10,901 deemed earned and vested shares were retained by the executive.