Sauer-Petersen Torsten 4

What Happened

• Torsten Sauer-Petersen, EVP & Chief Technology & Sustainability Officer of Seadrill Ltd (SDRL), sold 42,625 shares on June 10, 2026. The reported weighted-average price was $44.68, producing proceeds of approximately $1,904,485. This was a sale (disposition) of shares, which is often routine and does not by itself indicate insider sentiment.

Key Details

• Transaction date: 2026-06-10; filing date: 2026-06-12 (timely filing).
• Shares sold: 42,625; weighted-average price: $44.68; total proceeds: ~$1,904,485.
• Price range: transactions occurred at prices from $44.505 to $44.895 (footnote F1), sold in multiple trades. The filer offers to provide a full breakdown of quantities at each price on request.
• Transaction type: Open-market sale (reported as "S"); disposition of previously held shares.
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context

• This was a straightforward sale of shares rather than an option exercise, award, or gift. Retail investors should view routine insider sales as liquidity or portfolio-management events unless accompanied by other disclosures; they do not by themselves prove insider confidence or concern.