Long Brady K 4
4 · Transocean Ltd. · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
Transocean (RIG) EVP & Chief Legal Officer Brady K. Long Sells Shares
What Happened
Brady K. Long, Executive Vice President and Chief Legal Officer of Transocean Ltd. (RIG), sold a total of 115,378 Transocean shares in two open-market/private transactions. On 2026-01-26 he disposed of 16,085 shares at $5.00 (total $80,425) and on 2026-01-27 he disposed of 99,293 shares at $5.00 (total $496,465), for aggregate proceeds of about $576,890. These were sales (dispositions), not purchases.
Key Details
- Transaction dates and prices: 2026-01-26 — 16,085 shares @ $5.00; 2026-01-27 — 99,293 shares @ $5.00. (Filing notes weighted-average prices ranged $5.00–$5.02.)
- Total shares sold: 115,378; total proceeds shown on the Form 4: $576,890.
- Shares owned after transaction: Not disclosed in the supplied filing data.
- Footnotes of note:
- F1: Sales were executed pursuant to a Rule 10b5-1 trading plan adopted March 11, 2025.
- F2: Reported prices are weighted averages; reporting person can provide detailed price breakdowns on request.
- Filing timeliness: Form 4 was filed on 2026-01-28 for transactions on 2026-01-26 and 2026-01-27; no late filing flag indicated.
Context
The trades were made under a pre-established 10b5-1 plan, which typically means the transactions were scheduled in advance and are routine dispositions rather than ad-hoc trades based on current company information. Sales by insiders are common and do not necessarily indicate a change in view about the company; purchases generally carry more interpretive weight for bullish signals.
Insider Transaction Report
- Sale
Registered Shares
[F1]2026-01-26$5.00/sh−16,085$80,425→ 1,145,324 total - Sale
Registered Shares
[F1][F2]2026-01-27$5.00/sh−99,293$496,465→ 1,046,031 total
Footnotes (2)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 11, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.02, inclusive. The reporting person undertakes to provide Transocean Ltd. (the "Company"), any security holder of the Company, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4.