Insider Trading February 17, 2026

Noble Corp SVP Jennie Howard Disposes $256k in A Shares After RSU Vesting

General counsel sells portions of newly vested stock as company posts mixed Q4 2025 results

By Avery Klein NE
Noble Corp SVP Jennie Howard Disposes $256k in A Shares After RSU Vesting
NE

Noble Corp senior vice president, general counsel and corporate secretary Jennie Howard reported stock transactions in a Form 4 filing with the SEC that included the sale of 6,094 A Ordinary Shares on February 13, 2026, for $42.00 each, generating $255,948. The filing also records a February 12, 2026, sale of 5,325 shares to cover tax obligations at $42.10 per share, and the acquisition on the same day of 13,531 shares earned under performance-vested restricted stock units granted on February 3, 2023. The insider activity comes against a backdrop of Noble Corp's mixed fourth-quarter 2025 results, where the firm missed EPS estimates but beat revenue expectations.

Key Points

  • Jennie Howard, Noble Corp SVP, general counsel and corporate secretary, sold 6,094 A Ordinary Shares on February 13, 2026, at $42.00 per share for $255,948.
  • On February 12, 2026, Howard sold 5,325 shares at $42.10 per share to cover tax obligations and acquired 13,531 shares the same day earned under performance-vested RSUs granted on February 3, 2023.
  • Noble Corp's Q4 2025 results were mixed: EPS of $0.09 missed the $0.16 estimate (a 43.75% negative surprise), while revenue of $764.41 million topped the $729.89 million forecast (a 4.73% positive surprise); the market reaction was reported as negative and analysts are watching for further developments.

Transaction summary

Noble Corp's (NE) senior vice president, general counsel and corporate secretary, Jennie Howard, reported multiple equity transactions in a Form 4 filed with the Securities and Exchange Commission. On February 13, 2026, Howard sold 6,094 shares of the company's A Ordinary Shares at a price of $42.00 per share, producing proceeds of $255,948.

According to the same filing, Howard also sold 5,325 shares on February 12, 2026, specifically to satisfy tax obligations. Those shares were disposed of at $42.10 per share, totaling $224,182.

On February 12, 2026, Howard also took possession of 13,531 shares that were earned as performance-vested restricted stock units (RSUs). Those RSUs were granted on February 3, 2023, and the filing records the acquisition of the resulting shares on the same date the tax-covering sale occurred.


Earnings backdrop

The insider transactions coincided with the release of Noble Corp's fourth-quarter 2025 results, which produced a mixed set of metrics. The company reported earnings per share of $0.09, below the $0.16 that had been expected, representing a 43.75% negative surprise relative to the consensus estimate. At the same time, Noble Corp reported revenue of $764.41 million, ahead of the forecasted $729.89 million and marking a 4.73% positive surprise on the top line.

Market reaction to the earnings release was described as negative, and the results have attracted attention from multiple analyst firms. The filing and the company's quarterly results together provide the factual record investors and market watchers are assessing; no specific analyst upgrades or downgrades were cited in the disclosure.


What the filings show

The Form 4 documents the exact quantities, prices and dates of Howard's trades and the RSU vesting. They record a tax-covering sale and a subsequent sale the next day, alongside the acquisition of shares tied to performance-vested awards. The public filing is the source of these transaction details.

Context for investors

Investors reviewing the filings and the quarter's financial results should note the contemporaneous timing of the RSU acquisition and the two sales. The company's quarter delivered a revenue upside alongside an EPS shortfall, and the market reaction to those results was reported as negative. Analysts continue to monitor developments related to the company and its disclosures.

Risks

  • The company's fourth-quarter earnings per share came in below expectations, which was associated with a negative market reaction - a near-term risk for equity investors and market sentiment.
  • Insider stock sales coincided with the vesting of performance-based RSUs; while the filings disclose the transactions, the timing may introduce short-term volatility as investors process both the insider activity and the quarterly results.
  • Analyst attention has increased following the reported results, but no specific upgrades or downgrades were cited - leaving future analyst actions and guidance changes as an uncertainty for investors and equity market participants.

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