PETRELLO ANTHONY G (CHAIRMAN, PRESIDENT & CEO) received a stock award from NABORS INDUSTRIES LTD

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 1 award

PETRELLO ANTHONY G

Filed: 1/5/2026ACC: 0001163739-26-000008

InsiderPETRELLO ANTHONY GCIK 1195669

→

IssuerNABORS INDUSTRIES LTDCIK 1163739

DirectorOfficer· CHAIRMAN, PRESIDENT & CEO

Since Dec 2018

+64.86K

Net shares

Net buyer

$1.17M

Total sold

Open market trades

0B · 0S

Total transactions

176.85K acquired · 111.99K disposed

Non-Derivative Transactions11

Common Stock

Indirect

G · Gift

−18K

Price / share

—

Trade value

—

% of position

5.8%

12/31/2025

312.79K→294.79K

Common Stock

Direct

D · Disposition

−17.84K

Price / share

—

Trade value

—

% of position

19.3%

12/31/2025

92.27K→74.43K

Common Stock

Direct

M · Option Exercise

+5.02K

Price / share

—

Trade value

—

% of position

6.7%

1/1/2026

74.43K→79.44K

Common Stock

Direct

F · Tax Withholding

−1.97K

Price / share

$54.30

Trade value

$107.19K

% of position

2.5%

1/1/2026

79.44K→77.47K

Common Stock

Direct

M · Option Exercise

+13.98K

Price / share

—

Trade value

—

% of position

18.0%

1/1/2026

77.47K→91.45K

Common Stock

Direct

F · Tax Withholding

−5.50K

Price / share

$54.30

Trade value

$298.76K

% of position

6.0%

1/1/2026

91.45K→85.95K

Common Stock

Direct

M · Option Exercise

+19.10K

Price / share

—

Trade value

—

% of position

22.2%

1/1/2026

85.95K→105.04K

Common Stock

Direct

F · Tax Withholding

−7.69K

Price / share

$54.30

Trade value

$417.73K

% of position

7.3%

1/1/2026

105.04K→97.35K

Common Stock

Direct

M · Option Exercise

+16.42K

Price / share

—

Trade value

—

% of position

16.9%

1/1/2026

97.35K→113.77K

Common Stock

Direct

F · Tax Withholding

−6.46K

Price / share

$54.30

Trade value

$350.89K

% of position

5.7%

1/1/2026

113.77K→107.31K

Common Stock

Direct

A · Award

+48.62K

Price / share

—

Trade value

—

% of position

45.3%

1/1/2026

107.31K→155.93K

Total

Net shares

+45.66K

Net value

-$1.17M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Indirect	12/31/2025	G · Gift	−18K	—	—	5.8%	312.79K	294.79K
Common Stock Direct	12/31/2025	D · Disposition	−17.84K	—	—	19.3%	92.27K	74.43K
Common Stock Direct	1/1/2026	M · Option Exercise	+5.02K	—	—	6.7%	74.43K	79.44K
Common Stock Direct	1/1/2026	F · Tax Withholding	−1.97K	$54.30	$107.19K	2.5%	79.44K	77.47K
Common Stock Direct	1/1/2026	M · Option Exercise	+13.98K	—	—	18.0%	77.47K	91.45K
Common Stock Direct	1/1/2026	F · Tax Withholding	−5.50K	$54.30	$298.76K	6.0%	91.45K	85.95K
Common Stock Direct	1/1/2026	M · Option Exercise	+19.10K	—	—	22.2%	85.95K	105.04K
Common Stock Direct	1/1/2026	F · Tax Withholding	−7.69K	$54.30	$417.73K	7.3%	105.04K	97.35K
Common Stock Direct	1/1/2026	M · Option Exercise	+16.42K	—	—	16.9%	97.35K	113.77K
Common Stock Direct	1/1/2026	F · Tax Withholding	−6.46K	$54.30	$350.89K	5.7%	113.77K	107.31K
Common Stock Direct	1/1/2026	A · Award	+48.62K	—	—	45.3%	107.31K	155.93K
Total			+45.66K		-$1.17M

Derivative Transactions6

2023 Performance Share Units

Direct

M · Option Exercise

Converts to

Common Stock

5.02K shares

−5.02K

Strike price

Held after

0.00

Exercisable

—

1/1/2026

2024 Performance Share Units

Direct

M · Option Exercise

Converts to

Common Stock

13.98K shares

−13.98K

Strike price

Held after

13.98K

Exercisable

—

1/1/2026

2025 Performance Share Units

Direct

A · Award

Converts to

Common Stock

57.29K shares

+57.29K

Strike price

Held after

57.29K

Exercisable

—

1/1/2026

2025 Performance Share Units

Direct

M · Option Exercise

Converts to

Common Stock

19.10K shares

−19.10K

Strike price

Held after

38.20K

Exercisable

—

1/1/2026

2023 Long Term Performance Share Units

Direct

A · Award

Converts to

Common Stock

16.42K shares

+16.42K

Strike price

Held after

16.42K

Exercisable

—

1/1/2026

2023 Long Term Performance Share Units

Direct

M · Option Exercise

Converts to

Common Stock

16.42K shares

−16.42K

Strike price

Held after

0.00

Exercisable

—

1/1/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
2023 Performance Share Units Direct	Common Stock5.02K shares	1/1/2026	M · Option Exercise	−5.02K	—	0.00
2024 Performance Share Units Direct	Common Stock13.98K shares	1/1/2026	M · Option Exercise	−13.98K	—	13.98K
2025 Performance Share Units Direct	Common Stock57.29K shares	1/1/2026	A · Award	+57.29K	—	57.29K
2025 Performance Share Units Direct	Common Stock19.10K shares	1/1/2026	M · Option Exercise	−19.10K	—	38.20K
2023 Long Term Performance Share Units Direct	Common Stock16.42K shares	1/1/2026	A · Award	+16.42K	—	16.42K
2023 Long Term Performance Share Units Direct	Common Stock16.42K shares	1/1/2026	M · Option Exercise	−16.42K	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)2

2021 Warrants

Indirect

Underlying security

Common Stock

Underlying shares

170.65K

Shares owned

170.65K

Exercise price

166.6666

Expiration

—

Exercise window

—

2021 Warrants

Direct

Underlying security

Common Stock

Underlying shares

4.47K

Shares owned

4.47K

Exercise price

166.6666

Expiration

—

Exercise window

—

Total

Underlying

175.12K

Owned

175.12K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
2021 Warrants Indirect	Common Stock	166.6666	—	—	170.65K	170.65K
2021 Warrants Direct	Common Stock	166.6666	—	—	4.47K	4.47K
Total					175.12K	175.12K