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Borr Drilling (BORR) SVP details shares, RSUs and stock options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3/A

Rhea-AI Filing Summary

Borr Drilling Ltd senior vice president Jason Philip Crowe has updated his equity holdings, showing a mix of common shares, restricted stock units, and stock options. He directly holds 123,711 common shares, plus several option grants with exercise prices of $6.31 and $6.54 expiring in 2028 and 2029. Footnotes also describe three blocks of 41,237 restricted stock units that each vest in full on September 1, 2026, September 1, 2027, and September 1, 2028, subject to continued employment.

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Insider Crowe Jason Philip
Role SVP - Commercial
Type Security Shares Price Value
holding Employee Stock Option to Purchase Common Shares -- -- --
holding Employee Stock Option to Purchase Common Shares -- -- --
holding Employee Stock Option to Purchase Common Shares -- -- --
holding Employee Stock Option to Purchase Common Shares -- -- --
holding Employee Stock Option to Purchase Common Shares -- -- --
holding Employee Stock Option to Purchase Common Shares -- -- --
holding Common Shares -- -- --
Holdings After Transaction: Employee Stock Option to Purchase Common Shares — 41,667 shares (Direct); Common Shares — 123,711 shares (Direct)
Footnotes (1)
  1. Includes (a) 41,237 restricted stock units (RSUs) that vest in full on September 1, 2026, (b) 41,237 RSUs that vest in full on September 1, 2027 and (c) 41,237 RSUs that vest in full on September 1, 2028, each conditional upon continuous employment with the Issuer at the date of vesting. Each RSU represents a contingent right to receive one common share Grant of options on November 17, 2023 - options 1/3 vest every March 1 between 2025 and 2027 with strike price as at date of filing Grant of options on August 15, 2024 - options 1/3 vest every August 15 between 2025 and 2027 with strike price as at date of filing
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
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hours per response:0.5
1. Name and Address of Reporting Person*
Crowe Jason Philip

(Last)(First)(Middle)
C/O BORR DRILLING LIMITED
2ND FLOOR 9 PAR-LA-VILLE ROAD

(Street)
HAMILTONHM11

(City)(State)(Zip)

BERMUDA

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
Borr Drilling Ltd [ BORR ]
3a. Foreign Trading Symbol
[BORR]
5. If Amendment, Date of Original Filed (Month/Day/Year)
03/18/2026
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP - Commercial
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares123,711(1)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option to Purchase Common Shares03/01/2025(2)11/17/2028Common Shares41,667$6.31D
Employee Stock Option to Purchase Common Shares03/01/2026(2)11/17/2028Common Shares41,667$6.31D
Employee Stock Option to Purchase Common Shares03/01/2027(2)11/17/2028Common Shares41,666$6.31D
Employee Stock Option to Purchase Common Shares08/15/2025(3)08/15/2029Common Shares33,333$6.54D
Employee Stock Option to Purchase Common Shares08/15/2026(3)08/15/2029Common Shares33,333$6.54D
Employee Stock Option to Purchase Common Shares08/15/2027(3)08/15/2029Common Shares33,334$6.54D
Explanation of Responses:
1. Includes (a) 41,237 restricted stock units (RSUs) that vest in full on September 1, 2026, (b) 41,237 RSUs that vest in full on September 1, 2027 and (c) 41,237 RSUs that vest in full on September 1, 2028, each conditional upon continuous employment with the Issuer at the date of vesting. Each RSU represents a contingent right to receive one common share
2. Grant of options on November 17, 2023 - options 1/3 vest every March 1 between 2025 and 2027 with strike price as at date of filing
3. Grant of options on August 15, 2024 - options 1/3 vest every August 15 between 2025 and 2027 with strike price as at date of filing
Remarks:
/s/ Temi Bankole as attorney-in-fact03/25/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Borr Drilling (BORR) Form 3/A filing show for Jason Philip Crowe?

The Form 3/A shows that SVP Jason Philip Crowe holds 123,711 common shares and multiple employee stock options. It also details restricted stock units that vest between 2026 and 2028, all tied to his continued employment with Borr Drilling Ltd.

How many Borr Drilling (BORR) common shares does Jason Philip Crowe hold directly?

Jason Philip Crowe directly holds 123,711 common shares of Borr Drilling Ltd. This figure reflects his reported ownership position as of the amendment date and sits alongside additional equity awards such as options and restricted stock units disclosed in the same filing.

What stock option grants are reported for Jason Philip Crowe at Borr Drilling (BORR)?

Crowe holds employee stock options over common shares with exercise prices of $6.31 and $6.54. These options vest in thirds between 2025 and 2027 and have expiration dates in 2028 and 2029, as described in the filing footnotes.

What restricted stock units (RSUs) are disclosed for Jason Philip Crowe in BORR?

The filing notes three RSU grants of 41,237 units each for Jason Philip Crowe. These RSUs vest in full on September 1 of 2026, 2027, and 2028, provided he remains continuously employed, with each RSU convertible into one common share.

Does the Borr Drilling (BORR) Form 3/A show any insider share purchases or sales?

The amendment lists Crowe’s holdings and equity awards but does not report open-market purchases or sales. Transactions are coded as holdings, with no buy or sell indicators, focusing on his existing common shares, options, and restricted stock units.