Restrepo William J bought NBR
January 1, 2026 · Form 4 insider transaction
Restrepo William J bought 17,105 shares of Nabors Industries Ltd. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Performance restricted stock units convert into common shares on a 1-for-1 basis.; These Performance restricted stock units were earned by Mr. Restrepo pursuant to his employment agreement and the terms therein upon his qualifying retirement on October 1, 2025 as Chief Financial Officer, based on the achievement of certain objectives for the year 2025, as determined on December 31, 2025, by the Compensation Committee. 185.78% of the target number of performance restricted stock units granted pursuant to the terms of Mr. Restrepo's employment agreement were determined to have been earned, subject to proration to reflect the partial year of employment. The number reported above reflects the number of earned performance restricted stock units, prorated through September 30, 2025, that are payable in share-settled restricted stock units. The Performance restricted stock units that settle in shares are scheduled to fully vest, in accordance with Mr. Restrepo's employment agreement, on the first anniversary of the date of grant, January 1, 2026.