Andrew Eliot Schultz - 03 Jun 2026 Form 4 Insider Report for SEADRILL Ltd (SDRL)

Reporting relationship: Director
Issuer ticker: SDRL
Reported as of: 03 Jun 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 05 Jun 2026, 11:50:18 UTC
Prior SEC filing: 18 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Todd D. Strickler, attorney-in-fact

Key filing fact

Andrew Eliot Schultz filed Form 4 for SEADRILL Ltd (SDRL) on 05 Jun 2026.

Key facts

This page summarizes Andrew Eliot Schultz's Form 4 filing for SEADRILL Ltd (SDRL).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 05 Jun 2026, 11:50.

Change

Previous filing in this sequence was filed on 18 May 2026.
Current net transaction value: $0.

Research use

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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001649487 Primary reporting owner

SCHULTZ ANDREW ELIOT

Relationship: Director
Address: 4425 WESTWAY PARK BLVD., SUITE 170, HOUSTON
Signature: /s/ Todd D. Strickler, attorney-in-fact
Signature date: 05 Jun 2026

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SDRL transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares: +2,618
Change %
Price: $0.000000^*
Shares after: 2,618
Date: 03 Jun 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 2,618
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents restricted stock units granted to the reporting person on June 3, 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").

Footnote F2

The restricted stock units vest either (i) on the date of the 2027 Annual General Meeting of Shareholders of the Company (the "2027 Meeting"), if the 2027 Meeting occurs at least 50 weeks from the grant date or (ii) if earlier or the 2027 Meeting occurs less than 50 weeks from the grant date, on the first anniversary of the grant date, 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.