Simon Johnson - 25 Sep 2025 Form 4 Insider Report for Seadrill Ltd (SDRL)

Role
President & CEO
Signature
/s/ Todd D. Strickler, attorney-in-fact
Issuer symbol
SDRL
Transactions as of
25 Sep 2025
Net transactions value
-$353,451
Form type
4
Filing time
29 Sep 2025, 13:01:22 UTC
Previous filing
28 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Johnson Simon President & CEO 11025 EQUITY DRIVE, SUITE 150, HOUSTON /s/ Todd D. Strickler, attorney-in-fact 29 Sep 2025 0001602196

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDRL Common Shares Options Exercise +27,759 +31% 116,778 25 Sep 2025 Direct F1
transaction SDRL Common Shares Tax liability $353,451 -11,260 -9.6% $31.39 105,518 25 Sep 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 -27,759 -100% $0.000000 0 25 Sep 2025 Common Shares 27,759 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 September 25, 2023, the reporting person was granted 55,518 restricted stock units, vesting in two equal annual installments beginning on the first anniversary of the grant date.