Ali Samir H 4

What Happened

• Ali Samir H, President & CEO of Seadrill Ltd (SDRL), had 7,954 restricted stock units (RSUs) vest and convert one-for-one into 7,954 common shares on April 25, 2026.
• To cover tax withholding, 3,130 of those shares were disposed on April 27, 2026 at $48.10 per share, producing proceeds of $150,553. The RSU conversion itself had no cash exercise price.

Key Details

• Transaction dates and prices:
  • Apr 25, 2026: 7,954 RSUs vested and converted to 7,954 common shares (RSU conversion; no cash price).
  • Apr 27, 2026: 3,130 shares withheld/disposed for tax liability at $48.10/share — $150,553 total.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — RSUs convert one-for-one into common shares. F2 — These RSUs were part of a 23,864 RSU grant on Apr 25, 2025 that vests in three equal annual installments (this is the first installment).
• Filing timeliness: Form 4 filed Apr 28, 2026 for transactions Apr 25–27, 2026; the filing shows no late-report flag.

Context

• This was a routine RSU vesting with shares withheld/sold to cover taxes (common practice), not an open-market purchase or discretionary sale indicating a change in investment posture.
• For retail investors, vesting receipts are normal compensation events; the tax-withholding disposition is administrative rather than a signal of confidence or concern by the insider.