David L. Roland - 03 Jun 2024 Form 4 Insider Report for DIAMOND OFFSHORE DRILLING, INC.

Signature
/s/ Terence W. Waldorf Attorney-in-Fact for David L. Roland
Issuer symbol
N/A
Transactions as of
03 Jun 2024
Net transactions value
-$120,880
Form type
4
Filing time
04 Jun 2024, 12:36:17 UTC
Previous filing
14 May 2024
Next filing
02 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DO Common Stock Sale $120,880 -8,000 -9.2% $15.11 78,796 03 Jun 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 4, 2024.