A Director Sold Almost 2 Million Shares of This Oilfield Services Company After a Big Run.
Should Investors Follow?
On June 25, 2026, Director Yousif Mohammed Ali Nasser Al-Nowais reported the indirect sale of 1,919,594 shares of National Energy Services Reunited Corp. (NASDAQ:NESR) at a weighted-average price of $26.80 per share, according to a SEC Form 4 filing. Transaction summary Transaction value based on SEC Form 4 weighted average purchase price ($26.80). Key questions – What proportion of Al-Nowais’ position was reduced in this transaction?
This transaction accounted for 89.33% of his total reported holdings, with all shares sold held indirectly through By Al Nowais Investments LLC. – How does the trade size compare to Al-Nowais’s historical activity? The 1,919,594 shares sold were the largest single-day disposition by Al-Nowais to date, exceeding his historical average sell size (~732,700 shares) and reflecting a drawdown in available capacity. – What is the current remaining ownership after this trade? Al-Nowais now retains 229,198 ordinary shares held indirectly, which can be converted to common stock, and holds no direct equity exposure in National Energy Services Reunited Corp. as of the filing date. – What market context surrounded the sale?