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Borr Drilling (BORR) director discloses 215,002 shares and 54,545 RSUs

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

Rhea-AI Filing Summary

Borr Drilling Ltd director Neil James Glass has filed an initial statement of beneficial ownership. The filing shows direct ownership of 215,002 common shares. A footnote also discloses 54,545 restricted share units that are scheduled to vest in full on September 30, 2026, if he continues serving as a director on that date.

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SEC Form 3
FORM 3 UNITED 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
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OMB Number: 3235-0104
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1. Name and Address of Reporting Person*
Glass Neil James

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

(Street)
HAMILTON D0 HM11

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026
3. Issuer Name and Ticker or Trading Symbol
Borr Drilling Ltd [ BORR ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form 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 Shares 215,002 D
Common Shares 0 D(1)
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 Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 54,545 RSUs which will vest in full on September 30, 2026 conditional upon continuing to serve as a Director of the Company at the date of vesting.
Remarks:
/s/ Temi Bankole as attorney-in-fact 03/17/2026
** Signature of Reporting Person Date
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.

FAQ

What does the Borr Drilling (BORR) Form 3 filing show for director Neil James Glass?

The Form 3 filing shows that director Neil James Glass directly holds 215,002 common shares of Borr Drilling Ltd. It is an initial statement of beneficial ownership, establishing his equity position as a company insider for regulatory disclosure purposes.

How many Borr Drilling (BORR) shares does Neil James Glass beneficially own?

Neil James Glass is reported as directly owning 215,002 common shares of Borr Drilling Ltd. This figure reflects his beneficial ownership as a director and provides a baseline for tracking any future insider trading disclosures in subsequent SEC filings.

What restricted share units (RSUs) are disclosed for Borr Drilling (BORR) director Neil James Glass?

The filing footnote states that Neil James Glass holds 54,545 RSUs. These restricted share units will vest in full on September 30, 2026, provided he continues to serve as a director of Borr Drilling at the vesting date.

When do Neil James Glass’s Borr Drilling (BORR) RSUs vest?

The 54,545 RSUs disclosed for Neil James Glass are scheduled to vest on September 30, 2026. Vesting is conditional on his continued service as a director of Borr Drilling Ltd through that date, aligning the award with ongoing board tenure.

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

No explicit insider purchases or sales are identified in this Form 3. The filing primarily records existing beneficial ownership, listing 215,002 directly held common shares and 54,545 RSUs subject to future vesting based on continued board service.
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