Patrick Schorn - 17 Jun 2026 Form 4 Insider Report for Borr Drilling Ltd (BORR)

Reporting relationship: Director
Issuer ticker: BORR
Reported as of: 17 Jun 2026
Net transaction value: +$1,992,000
SEC form: 4
Accepted by SEC: 22 Jun 2026, 11:27:23 UTC
Prior SEC filing: 26 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Temi Bankole as attorney-in-fact

Key filing fact

Patrick Schorn filed Form 4 for Borr Drilling Ltd (BORR) on 22 Jun 2026.

Key facts

This page summarizes Patrick Schorn's Form 4 filing for Borr Drilling Ltd (BORR).
2 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 22 Jun 2026, 11:27.

Change

Previous filing in this sequence was filed on 26 Mar 2026.
Current net transaction value: +$1,992,000.

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 0001512880 Primary reporting owner

Schorn Patrick

Relationship: Director
Address: C/O BORR DRILLING LIMITED, 2ND FLOOR 9 PAR-LA-VILLE ROAD, HAMILTON, BERMUDA
Signature: /s/ Temi Bankole as attorney-in-fact
Signature date: 19 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BORR transaction

Common Shares

Purchase

Transaction value: $1,992,000
Shares: +1,200,000
Change %: +51%
Price: $1.66
Shares after: 3,535,000
Date: 17 Jun 2026
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

BORR transaction Derivative

Employee Stock Option to Purchase Common Shares

Options Exercise

Transaction value
Shares: +400,000
Change %
Price: $1.66^*
Shares after: 400,000
Date: 17 Jun 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 400,000
Exercise price: $1.66
Footnotes: F2

BORR holding Derivative

Employee Stock Option to Purchase Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 0
Date: 17 Jun 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 333,334
Exercise price: $3.66
Footnotes: F3

BORR holding Derivative

Employee Stock Option to Purchase Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 0
Date: 17 Jun 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 333,333
Exercise price: $4.41
Footnotes: F3

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Includes (a) 500,000 restricted stock units (RSUs) that vested in full on December 31, 2025, (b) 250,000 RSUs that vest in full on December 31, 2026 conditional upon continuing to serve as a Director of the Issuer at the date of vesting. Each RSU represents a contingent right to receive one common share and (c) full exercise of 2021 Plan Options

Footnote F2

Grant of options on August 12, 2021 - options 1/3 vest every August 1 between 2023 and 2025 with strike price as at date of filing. Options were exercised for cash on June 17, 2026

Footnote F3

Grant of options on September 1, 2022 - options 1/3 vest every March 1 between 2024 and 2026 with staggered strike price as at date of filing