Borr Drilling CFO reports initial equity holdings
Borr Drilling Ltd executive Magnus Vaaler, the Chief Financial Officer, filed a Form 3 reporting his initial equity position.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Borr Drilling Ltd executive Magnus Vaaler, the Chief Financial Officer, filed a Form 3 reporting his initial equity position. The filing lists multiple employee stock options to purchase common shares, with exercise prices between 1.6600 and 6.5400 per share and expirations from 2026 through 2029, plus 143,000 directly held common shares and several tranches of 41,237 restricted stock units scheduled to vest annually from 2026 to 2028, subject to continued employment.
Insider Trade Summary
| 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 | -- | -- | -- |
| Holding | Common Shares | -- | -- | -- |
| Holding | Common Shares | -- | -- | -- |
| Holding | Common Shares | -- | -- | -- |
Footnotes (7)
- F1. 41,237 RSUs that vest on September 1, 2026 and are conditional on the grantee remaining in continuous employment with the Company
- F2. 41,237 RSUs that vest on September 1, 2027 and are conditional on the grantee remaining in continuous employment with the Company
- F3. 41,237 RSUs that vest on September 1, 2028 and are conditional on the grantee remaining in continuous employment with the Company
- F4. 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
- F5. 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
- F6. 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
- F7. 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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does BORR’s Form 3 for Magnus Vaaler disclose?
What stock options are reported for BORR CFO Magnus Vaaler on Form 3?
What restricted stock units (RSUs) are disclosed for Borr Drilling’s CFO?
Does BORR’s Form 3 show any recent buying or selling by Magnus Vaaler?
What are the key vesting schedules for Magnus Vaaler’s BORR options?
AI-generated analysis. How Rhea-AI works. Not financial advice.
