Borr Drilling (NYSE: BORR) director snaps up more stock in August buy

Rhea-AI Filing Summary

Borr Drilling Ltd (BORR) director Tor Olav Troim, through entity Drew Holdings Ltd., purchased 500,000 Common Shares on August 14, 2026 at $4.3868 per share in an open‑market or private transaction. Following this transaction, indirect holdings through Drew Holdings Ltd. total 29,185,941 Common Shares.

Troim also holds 81,867 Common Shares directly, which include 54,545 restricted stock units (RSUs) scheduled to vest in full on September 30, 2026, conditional on his continued service as a Director at the vesting date. Drew Holdings Ltd. is wholly owned by Drew Trust, a non‑discretionary trust in which Troim is the beneficiary.

Insider Trade Summary

Net Buyer: 500,000 shares

Net Buy 2 txns

Insider Troim Tor Olav

Role Director

Bought 500,000 shs ($2.19M)

Type	Security	Shares	Price	Value
Purchase	Common Shares F1	500,000	$4.3868	$2.19M
holding	Common Shares F2	--	--	--

Holdings After Transaction: Common Shares — 29,185,941 shares (Indirect, By Drew Holdings Ltd.); Common Shares — 81,867 shares (Direct)

Footnotes (2)

1. F1. Drew Holdings Ltd. is wholly owned by Drew Trust, a non-discretionary trust in which the reporting person is the beneficiary.
2. F2. Includes 54,545 restricted stock units (RSUs) that vest in full on September 30, 2026 conditional upon continuing to serve as a Director of the Issuer at the date of vesting. Each RSU represents a contingent right to receive one common share.

Key Figures

Shares purchased: 500,000 shares Purchase price: $4.3868 per share Indirect holdings after transaction: 29,185,941 shares +3 more

6 metrics

Shares purchased 500,000 shares Common Shares purchased on August 14, 2026 in open‑market or private transaction

Purchase price $4.3868 per share Price paid for the 500,000 Common Shares on August 14, 2026

Indirect holdings after transaction 29,185,941 shares Common Shares indirectly held through Drew Holdings Ltd. following the purchase

Direct holdings after transaction 81,867 shares Common Shares held directly by Tor Olav Troim after the reported transaction

RSUs included in direct holdings 54,545 RSUs Restricted stock units vesting September 30, 2026, each for one common share

RSU vesting date September 30, 2026 Date when 54,545 RSUs vest, conditional on continued Board service

Key Terms

restricted stock units (RSUs), non-discretionary trust, indirect ownership

3 terms

restricted stock units (RSUs) financial

"Includes 54,545 restricted stock units (RSUs) that vest in full on September 30, 2026"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

non-discretionary trust financial

"Drew Trust, a non-discretionary trust in which the reporting person is the beneficiary"

indirect ownership financial

"indirect holdings through Drew Holdings Ltd. total 29,185,941 Common Shares"

FAQ

What insider transaction did BORR director Tor Olav Troim report on this Form 4?

Tor Olav Troim reported a purchase of 500,000 BORR Common Shares on August 14, 2026 at $4.3868 per share. The shares were acquired in an open‑market or private transaction through Drew Holdings Ltd., an entity linked to a trust benefiting Troim.

How many Borr Drilling (BORR) shares does Tor Olav Troim indirectly hold after this transaction?

After the reported transaction, Troim indirectly holds 29,185,941 BORR Common Shares through Drew Holdings Ltd. Drew Holdings Ltd. is wholly owned by Drew Trust, a non‑discretionary trust where Troim is the beneficiary, giving him an indirect economic interest.

What are Tor Olav Troim’s direct shareholdings in Borr Drilling (BORR) after the Form 4 transaction?

Troim directly holds 81,867 BORR Common Shares after the reported transaction. This direct position includes 54,545 restricted stock units (RSUs), each representing a contingent right to receive one common share, subject to vesting conditions.

When do Tor Olav Troim’s restricted stock units in BORR vest and under what condition?

Troim’s 54,545 restricted stock units (RSUs) are scheduled to vest in full on September 30, 2026. Vesting is conditional upon his continuing to serve as a Director of Borr Drilling Ltd. on the vesting date, at which point each RSU converts into one common share.

Was the BORR insider transaction by Tor Olav Troim part of a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5‑1 checkbox is not affirmed for this filing. There is no footnote stating that the August 14, 2026 purchase of 500,000 shares was executed pursuant to a pre‑arranged Rule 10b5‑1 trading plan.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/17/2026 - 07:04 AM Accepted by SEC EDGAR 08/17/2026 - 07:04 AM Learn about SEC filing dates

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)
08/14/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	08/14/2026	08/14/2026	P		500,000	A	$4.3868	29,185,941	I	By Drew Holdings Ltd.(1)
Common Shares								81,867(2)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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.

2. Includes 54,545 restricted stock units (RSUs) that vest in full on September 30, 2026 conditional upon continuing to serve as a Director of the Issuer at the date of vesting. Each RSU represents a contingent right to receive one common share.

Remarks:

	/s/ Temi Bankole as attorney-in-fact	08/17/2026
	** 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 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)