Borr Drilling Ltd (BORR) SEC Filings

Borr Drilling Ltd (BORR) director Tor Olav Trøim, through affiliated entity Drew Holdings Ltd., purchased 150,000 common shares on September 17, 2026 at $4.3795 per share in an open-market or private transaction. Following this transaction, affiliated entities held 30,535,941 common shares indirectly and Trøim held 81,867 common shares directly.

The direct holdings include 54,545 restricted stock units that are scheduled to vest in full on September 30, 2026, conditional on Trøim continuing to serve as a director at the vesting date. No Rule 10b5-1 trading plan is reported for these transactions.

Borr Drilling Ltd (BORR) director Tor Olav Trøim, through entity Drew Holdings Ltd., purchased 1,000,000 common shares on September 16, 2026 at $4.2995 per share, reported as indirect ownership. Following this, he is reported with 30,385,941 indirectly held shares and 81,867 directly held shares, including 54,545 RSUs scheduled to vest on September 30, 2026 if he continues serving as a director. No Rule 10b5‑1 trading plan is indicated.

Borr Drilling Limited (BORR) reports new operational milestones and contract activity for several jack-up rigs. The jack-up Odin has completed mobilization and acceptance testing offshore Texas and began earning dayrate revenues on September 11, 2026 under its contract in the Americas.

In Southeast Asia, the rig Idun was awarded a three-well contract in Vietnam with an estimated 130-day duration, scheduled to start in the fourth quarter of 2026 in direct continuation of its current work. In Europe, ENI exercised a nine‑month option on the rig Bestla, extending that contract to September 2027, while retaining an additional nine‑month fixed price option. Borr Drilling expects to assume operational management of Bestla in the fourth quarter of 2026 after the bareboat charter with the prior owner ends.

Borr Drilling Ltd (BORR) has entered into definitive agreements to divest its 51% equity interest in its Mexican joint ventures Perfomex to its long-standing local partner. After completion, the partner will become sole owner of Perfomex and assume responsibility for managing and operating the jack-up rigs Galar, Gersemi and Njord for PEMEX.

Borr Drilling will retain ownership of the three rigs and continue to participate in the underlying PEMEX contracts through bareboat charter agreements, with economics expected to be largely unchanged from the existing arrangement. Njord is contracted through April 2028, while Galar and Gersemi are contracted through May 2030.

The divestment follows Borr Drilling’s recent acquisition of five premium jack-up rigs in Mexico through BC Ventures Limited, a 50/50 joint venture with the same local partner. The company states that this transaction is expected to simplify its corporate and operating structure in Mexico, strengthen the local partnership and provide a more efficient platform for future growth and deployment of additional rigs in the Mexican shallow-water market. The sale price is based on the estimated net book value of Borr’s equity interest in Perfomex as of July 31, 2026, and closing is expected in September 2026, subject to customary conditions.

Borr Drilling Ltd (BORR) reported that Chief Accounting Officer Jehan Mawjee sold 10,903 common shares on September 3, 2026 at $4.8023 per share. A footnote states this sale was effected solely to satisfy tax withholding obligations from vesting RSUs and was not a discretionary sale. Mawjee continues to hold time-based RSUs and multiple option grants over Borr Drilling common shares with exercise prices ranging from $1.66 to $6.54 and expirations between 2026 and 2029.

Borr Drilling Ltd (BORR) reported that Chief Operating Officer Harvey Edward Snowling sold 25,877 common shares on September 3, 2026 at $4.8023 per share. A footnote explains the sale was executed solely to satisfy tax withholding obligations from the vesting and settlement of restricted stock units and was not a discretionary sale by Snowling.

Footnotes also describe Snowling’s remaining equity awards, including multiple grants of restricted stock units that vest between 2026 and 2028 and several employee stock option grants on common shares with exercise prices between $1.66 and $6.54 per share, expiring between 2026 and 2029, some of which have staggered vesting schedules.

Borr Drilling Ltd (BORR) reported that its Chief Financial Officer, Magnus Vaaler, sold 19,625 common shares on September 3, 2026 at $4.8023 per share. According to the disclosure, this sale was effected solely to satisfy tax withholding obligations from vesting restricted stock units and was not a discretionary sale.

Vaaler continues to hold significant equity-based incentives, including multiple tranches of restricted stock units scheduled to vest between September 1, 2026 and September 1, 2029, each contingent on continued employment, and several employee stock option grants with exercise prices between $1.66 and $6.54 per share and expirations from December 31, 2026 to August 15, 2029.

Borr Drilling Ltd (BORR) executive Jason Philip Crowe, SVP – Commercial, reported selling 16,495 common shares on September 2, 2026 at $4.55 per share. A footnote states the sale was effected solely to satisfy tax withholding obligations from the vesting and settlement of restricted stock units and was not a discretionary sale. Crowe continues to hold multiple tranches of unvested RSUs and employee stock options on Borr Drilling common shares.

Borr Drilling Ltd (BORR) reported that its SVP – General Counsel, Lee Charles (Chuck), sold 10,538 common shares on September 2, 2026 at $4.8005 per share. The company states this sale was effected solely to satisfy tax withholding obligations from vesting restricted stock units and was not a discretionary sale.

Following this vesting, the executive continues to hold multiple RSU awards scheduled to vest between 2026 and 2029, each conditioned on continuous employment.