Form 4 for SDRL SEADRILL Ltd
Accepted 2025-08-07 00:00:00 ET · period of report 2025-08-06 · accession 0000950170-25-105179 · 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 | 2025-08-07 | 2025-08-06 | SDRL | Johnson Simon | Pres, CEO | M - OptEx | — | +17.8K | 53.5K | +50% | — |
| D | 2025-08-07 | 2025-08-06 | SDRL | Johnson Simon | Pres, CEO | F - Tax | $29.64 | -7,679 | 45.9K | -14% | -$227.6K |
| D | 2025-08-07 | 2025-08-06 | SDRL | Johnson Simon | Pres, CEO | M - OptEx | $0.00 | -17.8K | 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 | 2025-08-06 | M | A | 17,809 | — | 53,543 | D | — | — | (F1) Restricted stock units convert into common shares, par value $0.01 per share (a "Common Share"), of Seadrill Limited on a one-for-one basis. (F3) The Form 4 filed on April 21, 2025 for the reporting person inadvertently overstated the number of Common Shares disposed of by 70 shares, resulting in an understatement of the number of Common Shares held by the reporting person following such transaction by 70 shares. This Form 4 corrects such error by increasing the number of Common Shares held by the reporting person by such 70 shares. |
| 2 | Common | Common Shares | 2025-08-06 | F | D | 7,679 | $29.64 | 45,864 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2025-08-06 | M | D | 17,809 | $0.00 | 0 | D | — · — to — | 17,809 Common Shares | (F1) Restricted stock units convert into common shares, par value $0.01 per share (a "Common Share"), of Seadrill Limited on a one-for-one basis. (F2) On August 6, 2022, the reporting person was granted 53,427 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |