Vayda Robert Thaddeus 4

What Happened Robert Thaddeus Vayda, Transocean's Chief Financial Officer, received equity awards and converted deferred units that vested. On Feb 5, 2026 he acquired 239,740 restricted share units (RSUs) under the company's long-term incentive plan and converted/received 34,726 shares from vested deferred units (exercise/conversion reported at $0.00). On Feb 6, 2026 he sold 10,947 shares at $4.99 each to satisfy tax withholding obligations, generating proceeds of $54,626. These transactions are compensation-related rather than open-market purchases.

Key Details

• Filing date / accession: Form 4 filed Feb 9, 2026 (Accession 0002022236-26-000002).
• Transaction dates: Feb 5, 2026 (award and conversion); Feb 6, 2026 (sale for taxes).
• Specifics: 239,740 RSUs awarded (acquired @ $0.00); 34,726 shares acquired via exercise/conversion (M) @ $0.00; 10,947 shares sold (F) @ $4.99 = $54,626.
• Shares owned after transaction: Not specified in the filing; the reporting person disclaims beneficial ownership (footnote).
• Footnotes of note:
  • Deferred units awarded Feb 9, 2023 vested Feb 5, 2026 upon satisfaction of performance measures (F1).
  • Shares sold on vesting to satisfy tax withholding (F2).
  • Reporting person disclaims beneficial ownership of certain securities (F3).
  • The 239,740 restricted units were acquired Feb 5, 2026 and vest in three equal tranches on Mar 1, 2027; Mar 1, 2028; Mar 1, 2029 (F4).
• Timeliness: Filed within the required Form 4 window (not marked late).

Context These transactions appear to be standard compensation events: vested deferred units converted to shares and a grant of RSUs that vest over future dates; the small sale was a tax-withholding sale, a routine administrative action rather than a directional market bet. For retail investors, awards and vesting reflect executive compensation, not an open-market purchase that would more directly signal insider bullishness.