Transocean Ltd.·4

May 22, 4:19 PM ET

Long Brady K 4

Research Summary

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Transocean (RIG) EVP & CLO Brady K. Long Sells 81,741 Shares

What Happened Brady K. Long, Transocean's Executive Vice President & Chief Legal Officer, reported the sale of 81,741 Transocean shares on 2026-05-21. The shares were sold in multiple open-market/private-sale transactions for a weighted average price of $7.45 per share, for total proceeds of approximately $608,970. This was a sale (S) — often routine insider selling and not, by itself, a direct signal of company performance.

Key Details

  • Transaction date: 2026-05-21; weighted average price reported: $7.45; total proceeds: ~$608,970.
  • Price range: sales occurred at prices between $7.40 and $7.48 (inclusive); reporting person can provide per-price breakdown on request (see footnote F1).
  • Shares owned after the transaction: not specified here — the filing notes the post-transaction beneficial ownership was adjusted due to a prior transfer of shares to the reporting person's former spouse pursuant to a domestic relations order (footnote F2).
  • Filing date: 2026-05-22 (filed the next day); no indication this filing was late.
  • Transaction code: S (Sale).

Context Sales by executives can be routine (diversification, tax or personal reasons) and do not necessarily reflect insider views of the company. This Form 4 reports outright share disposals rather than option exercises, gifts, or awards. For precise per-trade prices or the post-transaction beneficial ownership count, see the SEC filing (Accession 0001502666-26-000012) or request the breakdown referenced in footnote F1.