Long Brady K 4

4 · Transocean Ltd. · Filed Mar 3, 2026

Form 4

Period: 2026-03-01

EVP & Chief Legal Officer

Transactions

Exercise/Conversion
Registered Shares
[F1]
2026-03-01$6.25/sh+52,778$329,863→ 1,160,388 total
Exercise/Conversion
Registered Shares
[F2]
2026-03-01$6.25/sh+66,993$418,706→ 1,227,381 total
Exercise/Conversion
Registered Shares
[F3]
2026-03-01$6.25/sh+98,406$615,038→ 1,325,787 total
Tax Payment
Registered Shares
[F4]
2026-03-03$6.12/sh−87,689$536,657→ 1,238,098 total

Footnotes (4)

[F1]Restricted Units, which are 1-for-1 share equivalents, acquired on February 9, 2023, pursuant to the Issuer's long-term incentive plan. One third of such restricted share units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares.
[F2]Restricted Units, which are 1-for-1 share equivalents, acquired on February 8, 2024, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 66,993 on March 1, 2027.
[F3]Restricted Units, which are 1-for-1 share equivalents, acquired on February 13, 2025, pursuant to the Issuer's long-term incentive plan. One third of such restricted share units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 98,407 on March 1, 2027 and 98,407 on March 1, 2028.
[F4]Shares sold upon vesting to satisfy tax withholding obligations.

Signature

/s/ Debra Kupferman by Power of Attorney|2026-03-03

Documents

1 file