Borr Drilling (NYSE: BORR) CEO details common share stake and option grants
Rhea-AI Filing Summary
Borr Drilling Ltd filed an amended insider report showing Chief Executive Officer Bruno Morand De Oliveira’s current equity holdings. He directly owns 694,828 Common Shares as of the reporting date and holds several employee stock option awards with exercise prices between $1.6600 and $6.5400 and expirations from August 12, 2026 to August 15, 2029.
Footnotes describe prior option grants dated August 12, 2021, September 1, 2022, November 17, 2023, and August 15, 2024, each vesting in three annual installments. They also note restricted stock units totaling three tranches of 183,276 RSUs vesting in full on September 1, 2026, September 1, 2027, and September 1, 2028, each RSU representing one common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
13 transactions reported
Mixed
13 txns
Insider
Morand De Oliveira Bruno
Role
Chief Executive Officer
| 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 | 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 — 1,000,000 shares (Direct);
Common Shares — 694,828 shares (Direct)
Footnotes (5)
- F1. Includes (a) 183,276 restricted stock units (RSUs) that vest in full on September 1, 2026, (b) 183,276 RSUs that vest in full on September 1, 2027 and (c) 183,276 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
- F2. 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
- F3. 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
- F4. Grant of options on September 1, 2022 - options 1/3 vest every March 1 between 2024 and 2026 with staggered strike price as at date of filing
- F5. Grant of options on August 12, 2021 - options 1/3 vest every August 1 between 2023 and 2025 with strike price as at date of filing
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Borr Drilling (BORR) CEO Bruno Morand De Oliveira report owning in this Form 3/A?
He reports direct ownership of 694,828 Common Shares and multiple employee stock options. The options have exercise prices between $1.6600 and $6.5400 with expirations running from 2026 through 2029, reflecting his long-term equity alignment.
Are there any buy or sell transactions in this Borr Drilling (BORR) Form 3/A?
No buy or sell transactions are shown; it is a holdings report. All listed entries are labeled as holdings, and the transaction summary shows no purchases, sales, or option exercises, only unknown-code records reflecting existing positions.
What stock option grants for the Borr Drilling (BORR) CEO are disclosed?
He holds employee stock options on Common Shares with exercise prices of $1.6600, $3.6600, $4.4100, $5.1600, $6.3100, and $6.5400. Footnotes state these options were granted in 2021, 2022, 2023, and 2024 with staggered vesting schedules.
What restricted stock units (RSUs) for Borr Drilling (BORR) CEO are described?
Footnotes state he has three RSU tranches of 183,276 units each. They vest in full on September 1, 2026, September 1, 2027, and September 1, 2028, contingent on continuous employment, and each RSU represents a right to receive one common share.
How do the Borr Drilling (BORR) CEO’s options vest according to this filing?
The filing notes options granted on August 12, 2021, September 1, 2022, November 17, 2023, and August 15, 2024. Each grant vests in three equal installments over three years on specific dates (March 1 or August 1/15), aligning with multi-year service.
What is the nature of ownership reported by the Borr Drilling (BORR) CEO?
All listed holdings, including Common Shares and employee stock options, are reported as direct ownership with ownership code “D”. There is no indication of indirect holdings through entities or trusts in the provided data and footnotes.