Borr Drilling Ltd: director Troim Tor Olav bought 1,500,000 shares

What happened The Form 4 filed Oct 7, 2026 reports that Troim Tor Olav, a director of Borr Drilling Ltd, purchased 1,500,000 shares on Oct 6, 2026 at $4.24 per share, for a total of $6,364,200. The filing labels the transaction as an open market or private purchase (code P).

Key details

• Transaction date and price: Oct 6, 2026 — 1,500,000 shares at $4.24 per share.
• Total value reported: $6,364,200.
• Transaction type/code: P (purchase); described as open market or private purchase.
• Shares owned after the transaction: the filing does not report the number of shares owned following the transaction.
• Filing and period of report: Form filed Oct 7, 2026 for period of report Oct 6, 2026.
• Footnote F1: Drew Holdings Ltd. is wholly owned by Drew Trust, a non-discretionary trust in which the reporting person is the beneficiary.

Why it may matter The filing records a purchase (not an option exercise, grant, or gift). A filing does not show why the insider traded or why the company acted.