Barron Melissa 4

What Happened

• Melissa Barron, Controller of Valaris Ltd (VAL), had 260 shares withheld to satisfy tax withholding obligations tied to vesting. The shares were recorded at $75.35 each for a total value of $19,591. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-07-03; Filing date (Form 4): 2026-07-07
• Shares withheld/disposed: 260 at $75.35 each; Total value: $19,591
• Transaction code: F — shares withheld to cover tax withholding upon vesting
• Footnote: Shares were withheld upon vesting; the issuer will pay the withholding amount in cash to the taxing authority
• Shares owned after the transaction: not disclosed in the provided filing summary
• Timeliness: filing date is after the transaction date (filed 4 days later); check the full Form 4 for any late-filing designation

Context

• This was a routine tax-withholding event (often called a cashless or net settlement upon vesting), not an active sale in the market, and thus generally not taken as a directional signal about the insider’s view of the company.