Borr Drilling CAO details stock option holdings
Borr Drilling Ltd’s Chief Accounting Officer, Jehan Mawjee, filed an amended initial ownership report detailing her existing equity interests in the company.
Rhea-AI Filing Summary
Borr Drilling Ltd’s Chief Accounting Officer, Jehan Mawjee, filed an amended initial ownership report detailing her existing equity interests in the company. The filing lists direct holdings of 68,729 common shares and multiple grants of employee stock options to purchase common shares at various exercise prices and maturities.
The option awards cover blocks of 33,334 to 66,666 underlying common shares with exercise prices ranging from $1.66 to $6.54 and expiration dates between 2026 and 2029. Footnotes also describe restricted stock units scheduled to vest in 2026, 2027 and 2028, contingent on continued employment.
Positive
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Insider Trade Summary
12 transactions reported
Mixed
12 txns
Insider
Mawjee Jehan
Role
Chief Accounting 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 | Common Shares | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option to Purchase Common Shares — 480,000 contracts (Direct);
Common Shares — 68,729 shares (Direct)
Footnotes (5)
- F1. Includes (a) 22,910 restricted stock units (RSUs) that vest in full on September 1, 2026, (b) 22,909 RSUs that vest in full on September 1, 2027 and (c) 22,910 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 12, 2021 - options 1/3 vest every August 1 between 2023 and 2025 with strike price as at date of filing
- F3. 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
- F4. 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
- F5. 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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider position does Jehan Mawjee hold at Borr Drilling (BORR)?
Jehan Mawjee is the Chief Accounting Officer of Borr Drilling Ltd. The amended ownership report identifies her as an officer rather than a director or 10% owner, and it details her holdings of common shares, stock options and restricted stock units in the company.
What stock option grants are disclosed for the Borr Drilling CAO in this filing?
The report lists several employee stock options to purchase common shares. These options have exercise prices including $1.66, $3.66, $4.41, $5.16, $6.31 and $6.54 per share, with expiration dates from 2026 through 2029 and underlying share amounts between 33,334 and 66,666.
Does this Borr Drilling Form 3/A show any insider buying or selling activity?
No, the filing only shows holdings and does not report buys or sells. All entries are classified as holdings, with the transaction summary indicating zero buy or sell transactions and a neutral net buy-sell direction for the period covered.
What do the footnotes say about restricted stock units for the Borr Drilling CAO?
The footnotes describe three tranches of restricted stock units (RSUs). These include 22,910 RSUs vesting on September 1, 2026, 22,909 vesting on September 1, 2027, and 22,910 vesting on September 1, 2028, each contingent on continuous employment and settled one-for-one in common shares.
How are the Borr Drilling CAO’s stock options structured in terms of vesting?
Footnotes outline multi-year vesting schedules for several option grants. Grants dated August 12, 2021, August 15, 2024, November 17, 2023 and September 1, 2022 vest in one‑third installments on specified August 1, August 15 or March 1 dates over two to three years, subject to employment conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
