Form 4 for VAL Valaris Ltd
Accepted 2026-06-12 16:23:36 ET · period of report 2026-06-10 · accession 0000314808-26-000119 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-06-12 16:23 | 2026-06-10 | VAL | Johansen Kristian | Dir | M - OptEx | $0.00 | +4,860 | 9,508 | +105% | $0 |
| D | 2026-06-12 16:23 | 2026-06-10 | VAL | Johansen Kristian | Dir | D - Sale to Iss | $88.98 | -1,944 | 7,564 | -20% | -$173.0K |
| D | 2026-06-12 16:23 | 2026-06-10 | VAL | Johansen Kristian | Dir | A - Grant | $0.00 | +1,984 | 9,548 | +26% | $0 |
| D | 2026-06-12 16:23 | 2026-06-10 | VAL | Johansen Kristian | Dir | M - OptEx | $0.00 | -4,860 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2026-06-10 | M | A | 4,860 | $0.00 | 9,508 | D | — | — | |
| 2 | Common | Common Shares | 2026-06-10 | D | D | 1,944 | $88.98 | 7,564 | D | — | — | (F1) Represents the portion of restricted stock units that were cash settled in accordance with the terms of the reporting person's equity award agreement. |
| 3 | Common | Common Shares | 2026-06-10 | A | A | 1,984 | $0.00 | 9,548 | D | — | — | (F2) Consists of 1,984 restricted stock units, representing the recipient's annual equity retainer, which will vest in full on the earlier of the first anniversary of the date of grant or the next annual meeting of the Company's shareholders. |
| 4 | Derivative | Restricted Stock Units | 2026-06-10 | M | D | 4,860 | $0.00 | 0 | D | — · — to — | 4,860 Common Shares | (F3) Each restricted stock unit represents the right to receive one Valaris common share, the cash value thereof, or a combination of shares and cash, in accordance with the grant agreements and at the election of the reporting person. (F3) Each restricted stock unit represents the right to receive one Valaris common share, the cash value thereof, or a combination of shares and cash, in accordance with the grant agreements and at the election of the reporting person. (F3) Each restricted stock unit represents the right to receive one Valaris common share, the cash value thereof, or a combination of shares and cash, in accordance with the grant agreements and at the election of the reporting person. |