Borr Drilling: Drew Holdings buys 500,000 shares

Q: How many BORR shares were purchased, and at what price?

Drew Holdings Ltd. purchased 500,000 BORR common shares at $4.5983 per share on October 15, 2026. It is wholly owned by Drew Trust, a non-discretionary trust in which director Tor Olav Troim is the beneficiary. Reported indirect holdings after the transaction were 40,117,808 shares; no Rule 10b5-1 plan is reported.

The purchase was attributed to Drew Holdings Ltd., wholly owned by Drew Trust, a non-discretionary trust in which the director is beneficiary.

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Filing Sentiment

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Rhea-AI Filing Summary

Borr Drilling Ltd director Tor Olav Troim reported that Drew Holdings Ltd. purchased 500,000 common shares on October 15, 2026, at $4.5983 per share. Drew Holdings Ltd. is wholly owned by Drew Trust, a non-discretionary trust in which Troim is the beneficiary. Reported indirect holdings following the transaction were 40,117,808 common shares. No Rule 10b5-1 plan is reported.

Insights

Analyzing...

Insider Trade Summary

Net Buyer: 500,000 shares

Net Buy 1 txn

Insider Troim Tor Olav

Role Director

Bought 500,000 shs ($2.30M)

Type	Security	Shares	Price	Value
Purchase	Common Shares ^F1	500,000	$4.5983	$2.30M

Holdings After Transaction: Common Shares — 40,117,808 shares (Indirect, By Drew Holdings Ltd.)

Footnotes (1)

F1. Drew Holdings Ltd. is wholly owned by Drew Trust, a non-discretionary trust in which the reporting person is the beneficiary.

Key Figures

Common shares purchased: 500,000 shares Purchase price: $4.5983 per share Reported holdings after transaction: 40,117,808 common shares

3 metrics

Common shares purchased 500,000 shares October 15, 2026; purchased by Drew Holdings Ltd.

Purchase price $4.5983 per share October 15, 2026

Reported holdings after transaction 40,117,808 common shares Indirect holdings following the October 15, 2026 purchase

Key Terms

non-discretionary trust, wholly owned, beneficiary

3 terms

non-discretionary trust financial

"a non-discretionary trust"

wholly owned financial

"Drew Holdings Ltd. is wholly owned by Drew Trust"

beneficiary financial

"the reporting person is the beneficiary"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many BORR shares were purchased, and at what price?

Drew Holdings Ltd. purchased 500,000 BORR common shares at $4.5983 per share on October 15, 2026. It is wholly owned by Drew Trust, a non-discretionary trust in which director Tor Olav Troim is the beneficiary. Reported indirect holdings after the transaction were 40,117,808 shares; no Rule 10b5-1 plan is reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/16/2026 - 07:30 AM EDT Accepted by SEC EDGAR 10/16/2026 - 07:30 AM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Troim Tor Olav

(Last)

(First)

(Middle)

C/O BORR DRILLING LIMITED

2ND FLOOR 9 PAR-LA-VILLE ROAD

(Street)

HAMILTON

D0 HM11

(City)

(State)

(Zip)

BERMUDA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Borr Drilling Ltd [ BORR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol
[BORR]

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	10/15/2026	10/16/2026	P	V	500,000	A	$4.5983	40,117,808	I	By Drew Holdings Ltd.⁽¹⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Drew Holdings Ltd. is wholly owned by Drew Trust, a non-discretionary trust in which the reporting person is the beneficiary.

Remarks:

	/s/ Temi Bankole as attorney-in-fact	10/16/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR