Weber Christopher T 4
4 · Valaris Ltd · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Valaris (VAL) CFO Christopher Weber Withholds 830 Shares for Taxes
What Happened
Christopher T. Weber, Senior Vice President and Chief Financial Officer of Valaris Ltd (VAL), had 830 shares withheld upon settlement/vesting to cover tax withholding obligations. The withholding was recorded at $90.59 per share, a total value of approximately $75,190. This is a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-05; filing date (period of report): 2026-03-05; Form 4 filed 2026-03-09 (reporting the 3/5/26 event).
- Price reported: $90.59 per share; shares withheld/disposed: 830; total value ≈ $75,190.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: The 830 shares were withheld upon settlement/vesting to satisfy tax withholding obligations; the issuer will pay the appropriate taxing authority in cash on the reporting person’s behalf.
- Filing timeliness: No late-filing flag shown in the provided data.
Context
This was a routine tax-withholding action tied to settlement/vesting (a cashless withholding), not an open-market sale or purchase. Such withholding transactions are common when restricted stock or option awards vest and generally do not by themselves signal insider sentiment about the company’s stock.
Insider Transaction Report
- Tax Payment
Common Shares
[F1]2026-03-05$90.59/sh−830$75,190→ 62,104 total
Footnotes (1)
- [F1]These shares were withheld upon settlement or vesting to enable the reporting person to satisfy tax withholding obligations that arose upon such settlement or vesting, which will be paid by the issuer to the appropriate taxing authority in cash.