4//SEC Filing
Strickler Todd D 4
Accession 0000950170-25-111930
CIK 0001737706other
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 3:36 PM ET
Size
8.8 KB
Accession
0000950170-25-111930
Insider Transaction Report
Form 4
Seadrill LtdSDRL
Strickler Todd D
SVP & General Counsel
Transactions
- Exercise/Conversion
Common Shares
2025-08-27+4,552→ 13,601 total - Tax Payment
Common Shares
2025-08-27$31.97/sh−1,792$57,290→ 11,809 total - Exercise/Conversion
Restricted Stock Units
2025-08-27−4,552→ 0 total→ Common Shares (4,552 underlying)
Footnotes (1)
- [F1]On August 6, 2022, the reporting person was granted 7,480 performance-based restricted stock units, each of which represented a contingent right to receive one common share, par value $0.01 per share (a "Common Share"), of Seadrill Limited (the "Company"). The restricted stock units could be earned based on the extent the Company maintained or exceeded set per Common Share trading prices for a period of at least 45 consecutive trading days over the period beginning on August 6, 2022 and ending on August 6, 2025. The earned restricted stock units vested subject to the reporting person's continued employment during such period. On August 27, 2025, the Joint Nomination and Remuneration Committee of the Board of Directors of the Company certified achievement of the performance goals at 60.86%.
Documents
Issuer
Seadrill Ltd
CIK 0001737706
Entity typeother
Related Parties
1- filerCIK 0001614039
Filing Metadata
- Form type
- 4
- Filed
- Aug 27, 8:00 PM ET
- Accepted
- Aug 28, 3:36 PM ET
- Size
- 8.8 KB