Form 4 for RIG Transocean Ltd.
Accepted 2026-03-03 00:00:00 ET · period of report 2026-03-01 · accession 0001240666-26-000004 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2026-03-03 | 2026-03-01 | RIG | THIGPEN JEREMY D | Executive COB, Dir | M - OptEx | $6.25 | +611.0K | 2.69M | +29% | +$3.82M |
| 2026-03-03 | 2026-03-03 | RIG | THIGPEN JEREMY D | Executive COB, Dir | F - Tax | $6.12 | -245.6K | 2.61M | -9% | -$1.50M |
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 | Registered Shares | 2026-03-01 | M | A | 193,518 | $6.25 | 2,442,643 | D | — | — | (F1) Restricted Units, which are 1-for-1 share equivalents, acquired on February 9, 2023, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares. (F2) The amount of securities beneficially owned following the reported transaction reflects a prior transfer of shares to the reporting person's former spouse pursuant to a domestic relations order. |
| 2 | Common | Registered Shares | 2026-03-01 | M | A | 171,821 | $6.25 | 2,860,104 | D | — | — | (F4) Restricted Units, which are 1-for-1 share equivalents, acquired on February 13, 2025, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 171,821 on March 1, 2027 and 171,822 on March 1, 2028. |
| 3 | Common | Registered Shares | 2026-03-03 | F | D | 245,556 | $6.12 | 2,614,548 | D | — | — | (F5) Shares sold upon vesting to satisfy tax withholding obligations. |
| 4 | Common | Registered Shares | 2026-03-01 | M | A | 245,640 | $6.25 | 2,688,283 | D | — | — | (F3) Restricted Units, which are 1-for-1 share equivalents, acquired on February 8, 2024, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 245,640 on March 1, 2027. |