Form 4 for BORR Borr Drilling Ltd
Accepted 2026-06-22 11:27:23 ET · period of report 2026-06-17 · accession 0001628280-26-044543 · 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 | 2026-06-22 11:27 | 2026-06-17 | BORR | Schorn Patrick | Dir | P - Purchase | $1.66 | +1.20M | 3.54M | +51% | +$1.99M |
| DM | 2026-06-22 11:27 | 2026-06-17 | BORR | Schorn Patrick | Dir | M - OptEx | $1.66 | +1.20M | 400.0K | New | +$1.99M |
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 | 2026-06-17 | P | A | 1,200,000 | $1.66 | 3,535,000 | D | — | — | (F1) Includes (a) 500,000 restricted stock units (RSUs) that vested in full on December 31, 2025, (b) 250,000 RSUs that vest in full on December 31, 2026 conditional upon continuing to serve as a Director of the Issuer at the date of vesting. Each RSU represents a contingent right to receive one common share and (c) full exercise of 2021 Plan Options |
| 2 | Derivative | Employee Stock Option to Purchase Common Shares | 2026-06-17 | M | A | 400,000 | $1.66 | 400,000 | D | $1.66 · 2023-08-12 to 2026-08-12 | 400,000 Common Shares | (F2) Grant of options on August 12, 2021 - options 1/3 vest every August 1 between 2023 and 2025 with strike price as at date of filing. Options were exercised for cash on June 17, 2026 |
| 3 | Derivative | Employee Stock Option to Purchase Common Shares | 2026-06-17 | M | A | 400,000 | $1.66 | 400,000 | D | $1.66 · 2024-08-12 to 2026-08-12 | 400,000 Common Shares | (F2) Grant of options on August 12, 2021 - options 1/3 vest every August 1 between 2023 and 2025 with strike price as at date of filing. Options were exercised for cash on June 17, 2026 |
| 4 | Derivative | Employee Stock Option to Purchase Common Shares | 2026-06-17 | M | A | 400,000 | $1.66 | 400,000 | D | $1.66 · 2025-08-12 to 2026-08-12 | 400,000 Common Shares | (F2) Grant of options on August 12, 2021 - options 1/3 vest every August 1 between 2023 and 2025 with strike price as at date of filing. Options were exercised for cash on June 17, 2026 |