Borr Drilling (BORR) director discloses 49,878 shares and RSU award

Rhea-AI Filing Summary

Borr Drilling Ltd director Daniel Wayne Rabun has filed an initial statement of his ownership in the company. The filing shows he directly holds 49,878 Common Shares. A footnote also discloses 54,545 restricted stock units (RSUs) that are scheduled to vest in full on September 30, 2026, provided he continues serving as a director through that date.

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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1. Name and Address of Reporting Person^*

Rabun Daniel Wayne

(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	49,878	D
Common Shares	0(1)	D

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).
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FAQ

What does Daniel Wayne Rabun’s Form 3 filing show for Borr Drilling (BORR)?

The filing shows director Daniel Wayne Rabun directly owns 49,878 Common Shares of Borr Drilling Ltd. It also notes an additional 54,545 RSUs that may vest in the future, reflecting his initial reported equity stake as a company director.

How many Borr Drilling (BORR) shares does director Daniel Wayne Rabun directly own?

Daniel Wayne Rabun directly owns 49,878 Common Shares of Borr Drilling Ltd, according to the Form 3. This represents his reported immediate shareholding, separate from any unvested restricted stock units disclosed in the footnotes.

What RSUs does Daniel Wayne Rabun hold in Borr Drilling (BORR)?

The filing discloses 54,545 restricted stock units (RSUs) for Daniel Wayne Rabun. These RSUs will vest in full on September 30, 2026, if he continues to serve as a director of Borr Drilling Ltd through the vesting date.

Does the Borr Drilling (BORR) Form 3 show any insider buying or selling?

The Form 3 functions as an initial ownership report and does not show explicit insider buying or selling activity. It primarily lists Daniel Wayne Rabun’s existing direct holdings and his unvested RSUs as of the reporting date.

What conditions apply to Daniel Wayne Rabun’s RSUs in Borr Drilling (BORR)?

The 54,545 RSUs will vest in full on September 30, 2026, only if Daniel Wayne Rabun continues to serve as a director. This service-based vesting requirement ties the award to ongoing board participation at Borr Drilling Ltd.