Form 4 for RIG Transocean Ltd.
Accepted 2025-03-04 00:00:00 ET · period of report 2025-03-01 · accession 0001415889-25-006758 · 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 | 2025-03-04 | 2025-03-01 | RIG | Vayda Robert Thaddeus | EVP, CFO | M - OptEx | $2.95 | +68.6K | 238.3K | +40% | +$202.5K |
| 2025-03-04 | 2025-03-03 | RIG | Vayda Robert Thaddeus | EVP, CFO | F - Tax | $2.95 | -27.2K | 252.0K | -10% | -$80.1K |
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 | 2025-03-01 | M | A | 22,837 | $2.95 | 279,149 | 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, 2025, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 22,837 on March 1, 2026 and 22,837 on March 1, 2027. |
| 2 | Common | Registered Shares | 2025-03-01 | M | A | 17,991 | $2.95 | 256,312 | D | — | — | (F2) 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, 2025, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 17,991 on March 1, 2026. |
| 3 | Common | Registered Shares | 2025-03-01 | M | A | 27,818 | $2.95 | 238,321 | D | — | — | (F1) Restricted Units, which are 1-for-1 share equivalents, acquired on February 10, 2022, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2025, resulting in the right of the reporting person to receive the registered shares. |
| 4 | Common | Registered Shares | 2025-03-03 | F | D | 27,159 | $2.95 | 251,990 | D | — | — | (F4) Shares sold upon vesting to satisfy tax withholding obligations. |