CFO Mitra Arunava sold 10,000 shares (10.0K shares) of WFRD for $675,711.50 in 2 transactions at $67.57 blended average.
Mitra Arunava, EVP and CFO of Weatherford International, executed two separate sales totaling 10,000 shares on 2025-02-07, reducing his holdings by 32.2% from 31,072 to 21,072 shares. The 2 transactions occurred at prices of $66.72 and $67.82, representing a blended average of $67.57. The stock currently trades at $67.90, only $0.33 above the executed prices, placing it 49.4% below its 52-week high of $134.26. The material reduction in CFO holdings warrants investor attention, particularly given the stock's significant recent weakness: the 90-day decline of 24.1% and 30-day decline of 3.3% provide context for assessing the significance of this transaction relative to recent price movements.