National Energy Services Reunited Corp. Director Yousif Mohammed Ali Nasser Al-Nowais sold 1,919,594 shares indirectly at a weighted-average price of $26.80 per share on June 25, 2026, according to an SEC filing. The transaction, valued at $51.5 million, represented 89.33% of his total reported holdings, leaving him with 229,198 shares held indirectly through By Al Nowais Investments LLC. The sale occurred as the stock closed at $26.98, up 363.6% year over year, and followed a series of earnings beats that pushed shares to record highs. NESR was subsequently removed from several Russell indexes on June 27 due to index reconstruction, which could trigger mechanical selling by passive funds.
National Energy Services Reunited Corp Ordinary SharesDirector Al-Nowais sold 1.92 million shares (89.33% of his holdings) worth $51.5 million, a large insider sale.