Marcel Wieggers - 01 Feb 2025 Form 4 Insider Report for Seadrill Ltd (SDRL)

Role: Senior VP, Operations
Signature: /s/ Todd D. Strickler, attorney-in-fact
Issuer symbol: SDRL
Transactions as of: 01 Feb 2025
Net transactions value: -$6,778
Form type: 4
Filing time: 04 Feb 2025, 11:37:03 UTC
Previous filing: 02 Jan 2025
Next filing: 21 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SDRL	Common Shares	Options Exercise		+651	+104%		1,274	01 Feb 2025	Direct	F1
transaction	SDRL	Common Shares	Tax liability	$6,778	-193	-15%	$35.12	1,081	03 Feb 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SDRL	Restricted Stock Units	Options Exercise	$0	-651	-50%	$0.000000	651	01 Feb 2025	Common Shares	651		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into common shares, par value $0.01 per share, of Seadrill Limited on a one-for-one basis.
F2	On February 1, 2023, the reporting person was granted 1,953 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.