Pack Jason 4

4 · Transocean Ltd. · Filed Mar 3, 2026

Form 4

Period: 2026-03-01

SVP, Chief Accounting Officer

Transactions

Exercise/Conversion
Registered Shares
[F1]
2026-03-01$6.25/sh+15,134$94,588→ 235,630 total
Exercise/Conversion
Registered Shares
[F2]
2026-03-01$6.25/sh+19,210$120,063→ 254,840 total
Exercise/Conversion
Registered Shares
[F3]
2026-03-01$6.25/sh+2,901$18,131→ 257,741 total
Exercise/Conversion
Registered Shares
[F4]
2026-03-01$6.25/sh+32,324$202,025→ 290,065 total
Tax Payment
Registered Shares
[F5]
2026-03-03$6.12/sh−27,962$171,127→ 262,103 total

Footnotes (5)

[F1]Restricted Units, which are 1-for-1 share equivalents, acquired on February 9, 2023, pursuant to the Issuer's long-term incentive plan. One third of such restricted share units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares.
[F2]Restricted Units, which are 1-for-1 share equivalents, acquired on February 8, 2024, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 19,210 on March 1, 2027.
[F3]Restricted Units, which are 1-for-1 share equivalents, acquired on May 16, 2024, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 2,901 on March 1, 2027
[F4]Restricted Units, which are 1-for-1 share equivalents, acquired on February 13, 2025, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 32,324 on March 1, 2027 and 32,324 on March 1, 2028.
[F5]Shares sold upon vesting to satisfy tax withholding obligations.

Signature

/s/ Debra Kupferman by Power of Attorney|2026-03-03

Documents

1 file