Yousif Mohammed Ali Nasser Al-Nowais, a director at National Energy Services Reunited Corp. (NASDAQ:NESR), has reported the sale of company shares totaling approximately $5.84 million. The transactions occurred over two days in mid-May.
According to a Form 4 filing, Al-Nowais disposed of 224,068 ordinary shares at prices ranging from $26.06 to $26.13 per share. NESR currently trades near its 52-week high of $110.87.
On May 18, 220,568 shares were sold at a weighted average price of $26.06; the following day, an additional 3,500 shares were sold at $26.13. All sales were through Al Nowais Investments LLC.
Following the sales, Al-Nowais indirectly holds 4,829,400 shares. The company recently reported record Q1 2026 revenue.
