Johnson Simon 4
4 · Seadrill Ltd · Filed Aug 7, 2025
Insider Transaction Report
Form 4
Seadrill LtdSDRL
Johnson Simon
President & CEO
Transactions
- Exercise/Conversion
Common Shares
2025-08-06+17,809→ 53,543 total - Tax Payment
Common Shares
2025-08-06$29.64/sh−7,679$227,606→ 45,864 total - Exercise/Conversion
Restricted Stock Units
2025-08-06−17,809→ 0 total→ Common Shares (17,809 underlying)
Footnotes (3)
- [F1]Restricted stock units convert into common shares, par value $0.01 per share (a "Common Share"), of Seadrill Limited on a one-for-one basis.
- [F2]On August 6, 2022, the reporting person was granted 53,427 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
- [F3]The Form 4 filed on April 21, 2025 for the reporting person inadvertently overstated the number of Common Shares disposed of by 70 shares, resulting in an understatement of the number of Common Shares held by the reporting person following such transaction by 70 shares. This Form 4 corrects such error by increasing the number of Common Shares held by the reporting person by such 70 shares.