Quick Takeaways
- This page summarizes Howard E. Davis's Form 4 filing for Transocean Ltd. (RIG).
- 4 reported transactions and 0 derivative rows are listed below.
- Filing timestamp: 05 Mar 2024, 19:15.
Howard E. Davis - 01 Mar 2024 Form 4 Insider Report for Transocean Ltd. (RIG)
- Role
- EVP, CAO & CIO
- Signature
- /s/ Daniel Ro-Trock by Power of Attorney
- Issuer symbol
- RIG
- Transactions as of
- 01 Mar 2024
- Net transactions value
- +$799,281
- Form type
- 4
- Filing time
- 05 Mar 2024, 19:15:32 UTC
- Previous filing
- 12 Feb 2024
- SEC
- View on sec.gov
Quoteable Key Fact
"Howard E. Davis filed Form 4 for Transocean Ltd. (RIG) on 05 Mar 2024."
What Changed
- Previous filing in this sequence was filed on 12 Feb 2024.
- Current net transaction value: +$799,281.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Source Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
RIG
transaction
Registered Shares
Options Exercise
- Transaction value
- $528,673
- Shares
- +103,865
- Change %
- +8.2%
- Price
- $5.09
- Shares after
- 1,374,268
- Date
- 01 Mar 2024
- Ownership
- Direct
- Footnotes
- F1
RIG
transaction
Registered Shares
Options Exercise
- Transaction value
- $527,146
- Shares
- +103,565
- Change %
- +7.5%
- Price
- $5.09
- Shares after
- 1,477,833
- Date
- 01 Mar 2024
- Ownership
- Direct
- Footnotes
- F2
RIG
transaction
Registered Shares
Options Exercise
- Transaction value
- $264,716
- Shares
- +52,007
- Change %
- +3.5%
- Price
- $5.09
- Shares after
- 1,529,840
- Date
- 01 Mar 2024
- Ownership
- Direct
- Footnotes
- F3
RIG
transaction
Registered Shares
Tax liability
- Transaction value
- $521,254
- Shares
- -102,609
- Change %
- -6.7%
- Price
- $5.08
- Shares after
- 1,427,231
- Date
- 04 Mar 2024
- Ownership
- Direct
- Footnotes
- F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Restricted Units, which are 1-for-1 share equivalents, acquired on February 12, 2021, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2024, resulting in the right of the reporting person to receive the registered shares. |
| F2 | Restricted Units, which are 1-for-1 share equivalents, acquired on February 10, 2022, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2024, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 103,565 on March 1, 2025. |
| F3 | Restricted Units, which are 1-for-1 share equivalents, acquired on February 9, 2023, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2024, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 52,008 on March 1, 2025 and 52,008 on March 1, 2026 |
| F4 | Shares sold upon vesting to satisfy tax withholding obligations. |