Borr Drilling Ltd: director Troim Tor Olav bought 2,500,000 shares

What happened Troim Tor Olav, a director, bought 2,500,000 shares on Oct 9, 2026 at $4.74 per share, for $11,843,500. The filing indicates the shares were acquired by Drew Holdings Ltd.

Key details

• Transaction date and price: Oct 9, 2026 — purchase of 2,500,000 shares at $4.74 per share for $11,843,500 (transaction code P).
• 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 4 filed Oct 13, 2026; the filing does not indicate whether it was filed late.

Why it may matter

• This was a purchase transaction (not an option exercise, award, or gift).
• The filing does not show why the insider traded or why the company acted.