Torsten Sauer-Petersen - 16 Mar 2026 Form 4 Insider Report for Seadrill Ltd (SDRL)

Role: Executive Vice President, Chief Technology and Sustainability Officer
Signature: /s/ Todd D. Strickler, attorney-in-fact
Issuer symbol: SDRL
Transactions as of: 16 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 18 Mar 2026, 17:52:40 UTC
Previous filing: 29 Sep 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Sauer-Petersen Torsten	Executive Vice President, Chief Technology and Sustainability Officer	11025 EQUITY DRIVE, SUITE 150, HOUSTON	/s/ Todd D. Strickler, attorney-in-fact	18 Mar 2026	0002050267

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	Award		+12,370		$0.000000^*	12,370	16 Mar 2026	Common Shares	12,370		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Represents restricted stock units granted to the reporting person on March 16, 2026. Each restricted stock unit represents a contingent right to receive one common share, par value $0.01 per share (a "Common Share"), of Seadrill Limited (the "Company").
F2	The restricted stock units vest in three equal annual installments beginning on March 16, 2027 and will be settled in cash or Common Shares at the election of the Joint Nomination and Remuneration Committee of the Board of Directors of the Company.

Remarks:

Executive Vice President, Chief Technology and Sustainability Officer