Noble Corp plc
For the period ended Mar 31, 2026. Filed Apr 27, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 27, 2026
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2025-09-30; filed 2025-10-28.
0001895262-25-000016
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsOther InformationCurrent report: 10-Q
Period ended 2026-03-31; filed 2026-04-27.
0001895262-26-000111
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsOther InformationThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 15 previous paragraphs and 11 current paragraphs.
8 unchanged; 3 reworded; 0 added; 4 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Removed paragraphs (4)
Previous report
(a) On October 28, 2025, the Company announced that Jeffrey K. Hunt had joined the Company and will assume the role of Vice President, Chief Accounting Officer, effective November 3, 2025. In this position, Mr. Hunt will serve as the Company’s principal accounting officer, succeeding Richard B. Barker, the Company’s Chief Financial Officer, who had assumed the responsibilities of principal accounting officer in August 2025.
Previous report
Mr. Hunt, age 47, served as Chief Accounting Officer of Aris Water Solutions, a produced water handling and treatment company, when Aris Water Solutions was acquired by Western Midstream in October 2025. Before joining Aris Water Solutions, he served as Director of Accounting Policy at ConocoPhillips from January 2021 to March 2022. Prior to that, Mr. Hunt served in various accounting roles at Concho Resources from September 2014 to January 2021, including as Director, Technical Accounting and Special Projects, when Concho Resources was acquired by ConocoPhillips. Mr. Hunt started his career in the Assurance practice of Ernst & Young LLP. He holds a Bachelor of Science degree in Accounting and a Masters of Accountancy from Brigham Young University, and he is a licensed certified public accountant in the State of Texas.
Previous report
In connection with Mr. Hunt’s appointment, the Compensation Committee of the Board of Directors of the Company approved the following elements of Mr. Hunt’s compensation package: (i) a base salary of $310,000 per year; and (ii) a one-time award of $100,000 aggregate value of time-vested restricted stock units under the Company’s long-term incentive plan, which will vest one-third per year over three years, commencing on the first anniversary of the grant date. In addition, Mr. Hunt will also be eligible to participate in the Noble Corporation plc Short Term Incentive Plan at an annual target award level of 50% percent of his base salary (for fiscal year 2025, the amount will be prorated based on the length of service during the fiscal year). Mr. Hunt will also be eligible to participate in all employee benefit plans and programs generally available to the Company’s US-based employees, including the Company’s medical plans and the 401(k) plan. Mr. Hunt will participate in the Company’s Change in Control Executive Severance Plan and be eligible for the Company’s Executive Severance Plan.
Previous report
Mr. Hunt and the Company will also enter into the Company’s standard indemnity agreement for directors and officers. There are no material agreements, understandings, or arrangements between Mr. Hunt and any other person pursuant to which Mr. Hunt was selected to serve as the principal accounting officer of the Company. There are no family relationships between Mr. Hunt and any director or officer of the Company or any person nominated or chosen by the Company to become a director or executive officer, and there are no transactions in which Mr. Hunt has an interest that would require disclosure pursuant to Item 404(a) of Regulation S-K of the Exchange Act.
Reworded paragraphs (3)
Previous wording
•103 Ordinary Shares were issued to holders of our Tranche 1 Warrants pursuant to exercises of 152 Tranche 1 Warrants; and
Current wording
•16,285 Ordinary Shares were issued to holders of our Tranche 1 Warrants pursuant to exercises of 16,291 Tranche 1 Warrants; and
Previous wording
•94 Ordinary Shares were issued to holders of our Tranche 2 Warrants pursuant to exercises of 152 Tranche 2 Warrants.
Current wording
•95,863 Ordinary Shares were issued to holders of our Tranche 2 Warrants pursuant to exercises of 95,870 Tranche 2 Warrants.
Previous wording
•Zero Ordinary Shares were issued to holders of our Tranche 3 Warrants pursuant to exercises of 628 Tranche 3 Warrants.
Current wording
•298 Ordinary Shares were issued to holders of our Tranche 3 Warrants pursuant to exercises of 8,611 Tranche 3 Warrants.