Borr Drilling (NYSE: BORR) director discloses 269,547 shares including RSUs
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Borr Drilling Ltd director Neil James Glass filed an amended ownership report showing beneficial ownership of 269,547 common shares held directly. This total includes 54,545 restricted stock units that will vest in full on September 30, 2026, conditional on his continued service as a director at that date. Each RSU represents a contingent right to receive one common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Glass Neil James
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 269,547 shares (Direct)
Footnotes (1)
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FAQ
What does Neil James Glass report in this Borr Drilling (BORR) Form 3/A?
Neil James Glass reports beneficial ownership of 269,547 Borr Drilling common shares. This holding is reported as direct ownership and reflects his position as a director of the company at the time of the amended filing.
What restricted stock units (RSUs) are included in Neil James Glass’s Borr Drilling (BORR) holdings?
His reported holdings include 54,545 restricted stock units. These RSUs represent a contingent right to receive one common share each, subject to specific vesting conditions tied to his continued service as a director.
When do Neil James Glass’s Borr Drilling (BORR) RSUs vest?
The 54,545 restricted stock units vest in full on September 30, 2026. Vesting is conditional on Neil James Glass continuing to serve as a director of Borr Drilling through the vesting date specified in the award terms.
Are there any stock option or derivative positions disclosed for Neil James Glass in this Borr Drilling (BORR) filing?
The filing discloses only common shares and restricted stock units for Neil James Glass. No additional derivative securities, such as stock options or warrants, are listed in the derivative positions section of this amended ownership report.
Does this Borr Drilling (BORR) Form 3/A show any recent buy or sell transactions by Neil James Glass?
The amended Form 3 focuses on Neil James Glass’s holdings rather than new trades. It classifies the entry as a holding record, with no specific buy or sell transaction codes or share amounts reported for recent market activity.