Borr Drilling (NYSE: BORR) director adds 250,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Borr Drilling Ltd director Jeffrey Currie purchased 250,000 common shares in an open-market transaction at $5.31 per share. After this buy, he directly owns 354,423 common shares. This total includes 54,545 restricted stock units that are scheduled to vest on September 30, 2026, if he continues serving as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 250,000 shares ($1,327,500)
Net Buy
1 txn
Insider
Currie Jeffrey
Role
Director
Bought
250,000 shs ($1.33M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 250,000 | $5.31 | $1.33M |
Holdings After Transaction:
Common Shares — 354,423 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Borr Drilling (BORR) director Jeffrey Currie report?
Director Jeffrey Currie reported an open-market purchase of 250,000 Borr Drilling common shares. He paid $5.31 per share. Following this transaction, his direct holdings increased to 354,423 common shares, including restricted stock units scheduled to vest in 2026.
What restricted stock units are included in Jeffrey Currie’s Borr Drilling (BORR) holdings?
Currie’s total includes 54,545 restricted stock units that each represent a right to receive one common share. These RSUs vest in full on September 30, 2026, provided he continues to serve as a director through the vesting date.
Was the Borr Drilling (BORR) insider transaction a purchase or a sale?
The insider transaction was a purchase. The Form 4 lists transaction code “P” and describes it as an open-market purchase of 250,000 common shares, indicating a net buy rather than a sale or disposition of Borr Drilling stock.