Ali Samir H 4

What Happened

• Ali Samir H, President & CEO of Seadrill Ltd (SDRL), was granted 33,304 restricted stock units (RSUs) reported on 2026-03-18. The grant is recorded at $0.00 per unit (derivative award), so no cash was paid by the insider.
• Each RSU is a contingent right to one common share. The RSUs vest in three equal annual installments beginning March 16, 2027 and will be settled in cash or common shares at the election of the company’s Joint Nomination and Remuneration Committee.

Key Details

• Transaction type: Grant/Award (code A); reported 2026-03-18; footnote indicates grant date March 16, 2026.
• Quantity: 33,304 RSUs; reported acquisition price $0.00 (derivative award).
• Shares owned after transaction: Not specified in this Form 4 filing.
• Footnotes: F1 — RSUs represent a contingent right to one common share. F2 — Vesting in three equal annual installments starting 3/16/2027; settlement may be in cash or shares.
• Filing timeliness: Report filed on 2026-03-18 (period of report 2026-03-18); not indicated as late.

Context

• RSU grants are a common form of executive compensation and do not represent immediate share ownership or an open-market purchase. They become shares (or cash) only as they vest per the schedule above.
• Because this is a compensation grant rather than an outright purchase or sale, it should be viewed as part of pay structure rather than a direct insider signal of buying/selling preference.