Zambelli Ana 4

4 · SEADRILL Ltd · Filed Jun 5, 2026

AI-generated summary of this filing

Updated Jun 5, 2026

Seadrill (SDRL) Director Ana Zambelli Receives RSU Award

What Happened

Ana Zambelli, a director of Seadrill Ltd (SDRL), was granted 2,618 restricted stock units (RSUs) on June 3, 2026. The Form 4 reports an acquisition (code A) at $0.00 — this is a derivative award, not an open-market purchase, so no cash was paid at grant. Each RSU represents a contingent right to one common share.

Key Details

Transaction date: 2026-06-03; Form filed: 2026-06-05 (timely filing).
Grant size and price: 2,618 RSUs; reported acquisition price $0.00 (award).
Shares owned after transaction: Not reported in the filing.
Footnotes: F1 confirms these are RSUs (one RSU = contingent right to one common share). F2: RSUs vest either at the 2027 Annual General Meeting if that meeting is at least 50 weeks from the grant date, or otherwise on the first anniversary of the grant; settlement may be in cash or common shares at the Joint Nomination and Remuneration Committee’s election.
Transaction type: Derivative award (A). Not a sale or purchase of existing shares.

Context

RSU grants are compensation/retention awards and do not reflect an immediate market purchase or sale. The economic value will depend on Seadrill’s share price at settlement and whether the committee elects cash or share settlement. This filing is informational about a grant rather than an insider trading signal.

Form 4

Period: 2026-06-03

Director

Transactions

Award
Restricted Stock Units
[F1][F2]
2026-06-03+2,618→ 2,618 total
→ Common Shares (2,618 underlying)

Footnotes (2)

[F1]Represents restricted stock units granted to the reporting person on June 3, 2026. Each restricted stock unit represents a contingent right to receive one common share, par value $0.01 per share (a "Common Share"), of Seadrill Limited (the "Company").
[F2]The restricted stock units vest either (i) on the date of the 2027 Annual General Meeting of Shareholders of the Company (the "2027 Meeting"), if the 2027 Meeting occurs at least 50 weeks from the grant date or (ii) if earlier or the 2027 Meeting occurs less than 50 weeks from the grant date, on the first anniversary of the grant date, and will be settled in cash or Common Shares at the election of the Joint Nomination and Remuneration Committee of the Board of Directors of the Company.

Signature

/s/ Todd D. Strickler, attorney-in-fact|2026-06-05

1 file