Key facts
- This page summarizes Howard E. Davis's Form 4 filing for Transocean Ltd. (RIG).
- 4 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 05 Mar 2024, 19:15.
Howard E. Davis - 01 Mar 2024 Form 4 Insider Report for Transocean Ltd. (RIG)
- Reporting relationship
- EVP, CAO & CIO
- Issuer ticker
- RIG
- Reported as of
- 01 Mar 2024
- Net transaction value
- +$799,281
- SEC form
- 4
- Accepted by SEC
- 05 Mar 2024, 19:15:32 UTC
- Prior SEC filing
- 12 Feb 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Daniel Ro-Trock by Power of Attorney
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Howard E. Davis filed Form 4 for Transocean Ltd. (RIG) on 05 Mar 2024.
Change
- Previous filing in this sequence was filed on 12 Feb 2024.
- Current net transaction value: +$799,281.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
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
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote 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.
Footnote 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.
Footnote 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
Footnote F4
Shares sold upon vesting to satisfy tax withholding obligations.