Borr Drilling Ltd: director Troim Tor Olav bought 1,250,000 shares

What happened Troim Tor Olav, a director of Borr Drilling Ltd, purchased 1,250,000 shares at $4.31 per share for a total of $5,390,250 on Oct 7, 2026, according to the Form 4.

Key details

• Transaction date and price: Oct 7, 2026 at $4.31 per share (transaction code P: purchase; described as open market or private purchase).
• Shares acquired: 1,250,000 shares for $5,390,250.
• Shares owned after the transaction: not reported in this filing.
• Footnote F1: "Drew Holdings Ltd. is wholly owned by Drew Trust, a non-discretionary trust in which the reporting person is the beneficiary."
• Form filed on Oct 8, 2026 (period of report Oct 7, 2026).

Why it may matter

• Transaction type: purchase (P); not an option exercise, award/grant, or gift as described in the filing.
• The filing does not show why the insider traded or why the company acted.