Long Brady K 4

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.