Borr Drilling (NYSE: BORR) director files initial ownership report
Rhea-AI Filing Summary
Borr Drilling Ltd director Jeffrey Currie has filed an initial Form 3 reporting his beneficial ownership in the company. He reports direct ownership of 49,878 common shares. A footnote also discloses 54,545 restricted share units that are scheduled to vest in full on September 30, 2026, conditional on his continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Currie Jeffrey
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 49,878 shares (Direct)
Footnotes (1)
- F1. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Jeffrey Currie’s Form 3 for BORR disclose?
Jeffrey Currie’s Form 3 discloses his initial beneficial ownership in Borr Drilling Ltd. He reports holding 49,878 common shares directly, along with a separate award of 54,545 restricted share units that may vest in the future, subject to conditions.
What RSUs are reported in Jeffrey Currie’s BORR Form 3?
The Form 3 footnote states Currie holds 54,545 restricted share units (RSUs). These RSUs will vest in full on September 30, 2026, provided he continues to serve as a director of Borr Drilling Ltd through the vesting date.
Are there any buy or sell transactions in this BORR Form 3?
The Form 3 for Jeffrey Currie does not report any explicit buy or sell transactions. It functions as an initial statement of beneficial ownership, listing common shares and RSUs rather than recording new market trades or option exercises.
What is the significance of a Form 3 filing for BORR investors?
A Form 3 filing identifies how many securities an insider initially owns. For Borr Drilling, Jeffrey Currie’s Form 3 shows his starting stake as a director, including 49,878 common shares and 54,545 RSUs, helping investors understand insider alignment with shareholders.