Weber Christopher T 4

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.