Insider Trading February 17, 2026

Noble Corp Operations Executive Disposes $858,234 in Stock; RSUs Vest Concurrently

Joey M Kawaja records a sale, tax-withholding and a performance-vested RSU award amid mixed fourth-quarter results

By Jordan Park NE
Noble Corp Operations Executive Disposes $858,234 in Stock; RSUs Vest Concurrently
NE

Joey M Kawaja, Senior Vice President of Operations at Noble Corp PLC (NE), completed a share sale worth $858,234 on February 13, 2026, while also having shares withheld for taxes and receiving performance-vested restricted stock units. These moves leave Kawaja with direct ownership of 80,074 shares. The company recently reported mixed fourth-quarter 2025 results, posting an EPS shortfall against expectations but beating revenue forecasts.

Key Points

  • Joey M Kawaja sold 19,725 shares on February 13, 2026, for total proceeds of $858,234.
  • On February 12, 2026, 7,810 shares were withheld to cover tax obligations at $42.10 per share; Kawaja also received 19,849 performance-vested RSU shares at $0.
  • Noble Corp reported Q4 2025 EPS of $0.09 versus an expected $0.16 (a 43.75% negative surprise) and revenue of $764.41 million versus an expected $729.89 million (a 4.73% positive surprise).

Joey M Kawaja, Noble Corp PLC's Senior Vice President of Operations, executed an insider sale and related equity transactions in mid-February 2026, according to a Form 4 filing with the U.S. Securities and Exchange Commission.

On February 13, 2026, Kawaja sold 19,725 shares of Noble Corp PLC at prices ranging from $43.49 to $43.57 per share, generating proceeds of $858,234. The Form 4 filing also shows that on February 12, 2026, the issuer withheld 7,810 shares from Kawaja to satisfy tax withholding obligations at a price of $42.10 per share, a transaction valued at $328,801.

In the same filing, Kawaja is recorded as having received 19,849 shares as part of a performance-vested Restricted Stock Unit (RSU) grant; those shares were issued at a $0 price as is customary for vested RSUs. After accounting for the sale, the withholding and the RSU issuance, Kawaja's direct ownership totals 80,074 shares of Noble Corp PLC.


Company financials noted in the filing

The insider disclosure comes alongside Noble Corp's recently reported fourth-quarter 2025 results. The company posted earnings per share of $0.09, below the consensus expectation of $0.16, representing a negative surprise of 43.75%. Revenue for the quarter was $764.41 million, surpassing the expected $729.89 million and equating to a positive surprise of 4.73%.

The filing and the earnings update together constitute the primary public developments noted in connection with the company; there were no reported updates regarding mergers or acquisitions, and no new analyst upgrades or downgrades were disclosed in the materials referenced by the filing.


Context and limitations

The transactions described are limited to the details provided in the Form 4 filing and the company-released quarter results. The filing specifies the share counts, prices, and resulting ownership position for Kawaja, and the earnings release supplies the EPS and revenue figures and their variances from expectations. No additional commentary, motive, or company guidance is included in the filing or the summary.

Risks

  • The company reported an EPS shortfall relative to analyst expectations, which may contribute to investor uncertainty about near-term profitability.
  • Insider selling, as recorded in the Form 4 filing, could be interpreted variably by market participants; the filing does not provide intent or broader context for the sale.
  • There are no reported updates on mergers, acquisitions, or analyst rating changes in the materials cited, leaving future strategic or analyst-driven catalysts unspecified.

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