Barron Melissa 4

What Happened Melissa Barron, Controller of Valaris Ltd (VAL), had 20 shares withheld upon settlement/vesting to satisfy tax withholding obligations. The shares were valued at $96.38 each for a total of $1,928. This was a withholding (tax payment) disposition rather than an open-market sale.

Key Details

• Transaction date: 2026-04-01
• Price per share: $96.38; total value: $1,928
• Transaction type/code: F — shares withheld to cover tax withholding
• Shares owned after transaction: not specified in the filing
• Footnote: withheld shares were surrendered upon vesting and the issuer will pay the tax withholding to the appropriate taxing authority in cash
• Filing timeliness: filed on 2026-04-02 (next business day); not reported late

Context Withholdings to satisfy tax obligations are a routine administrative transaction tied to vesting/settlement and do not necessarily signal trading intent or a view on the company's stock. This is a disposal solely for tax purposes, not an open-market sale.