RIG (NYSE: RIG) Form 144 shows insider plan to sell 66,437 shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
An affiliate of RIG has filed a Form 144 notice covering the proposed sale of 66,437 common shares through Morgan Stanley Smith Barney on the NYSE, with an indicated aggregate market value of $295,644.65. These shares were acquired as restricted stock units from the issuer on 03/01/2024 and became deliverable in that amount.
The notice states that there were 1,101,441,205 common shares outstanding at the time referenced. It also discloses that, during the past three months, a related Rule 10b5-1 trading arrangement for Keelan Adamson sold 40,942 common shares on 10/24/2025 for gross proceeds of $163,768.00. By signing, the seller represents they are not aware of undisclosed material adverse information about the issuer.
Positive
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FAQ
What does this Form 144 filing for RIG disclose?
This Form 144 discloses a planned sale of 66,437 common shares of RIG on the NYSE, providing details on how the shares were acquired, how many are outstanding, and recent related sales.
What RIG stock sales occurred in the last three months under the same account?
During the past three months, a Rule 10b5-1 arrangement for Keelan Adamson sold 40,942 common shares of RIG on 10/24/2025, generating gross proceeds of $163,768.00.
What representation does the seller make about RIG in this Form 144?
By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.