Currie Jeffrey 4
4 · Borr Drilling Ltd · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Borr Drilling (BORR) Director Jeffrey Currie Buys 250,000 Shares
What Happened
Jeffrey Currie, a director of Borr Drilling Ltd (NASDAQ: BORR), acquired 250,000 common shares on 2026-03-24 at $5.31 per share for a total reported cost of $1,327,500. The transaction is reported as a purchase (P), an open-market/private purchase type, and represents an insider buy rather than a sale.
Key Details
- Transaction date: 2026-03-24; Filing date (Form 4): 2026-03-26 — filed within the normal two-business-day window.
- Price and size: 250,000 shares at $5.31 per share; total value $1,327,500 (≈ $1.33M).
- Shares owned after transaction: Not specified in the filing.
- Footnote: Includes 54,545 restricted stock units (RSUs) that vest in full on September 30, 2026, contingent on continued service as a director; each RSU represents the right to one common share.
- Transaction code: P = Purchase.
Context
Insider purchases like this are often watched by retail investors as a sign of confidence by company insiders, but they do not prove future performance. The RSUs noted are contingent on continued service and are not currently vested shares. This filing appears timely and routine; no 10b5-1 plan, gifts, or tax-withholding events were reported.
Insider Transaction Report
- Purchase
Common Shares
[F1]2026-03-24$5.31/sh+250,000$1,327,500→ 354,423 total
Footnotes (1)
- [F1]Includes 54,545 restricted stock units (RSUs) that vest in full on September 30, 2026 conditional upon continuing to serve as a Director of the Issuer at the date of vesting. Each RSU represents a contingent right to receive one common share.