STOCK TITAN

Borr Drilling: Drew Holdings buys 1.5M shares

The reported post-transaction amount was 38,867,808 shares and reflects an 81,867-share transfer to Drew Holdings on October 9, 2026.

(Very High)

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Form Type
4

Rhea-AI Filing Summary

Borr Drilling Ltd director Tor Olav Troim reported that Drew Holdings Ltd. purchased 1,500,000 Common Shares on October 13, 2026, at $4.9344 per share. Drew Holdings is wholly owned by Drew Trust, a non-discretionary trust in which Troim is the beneficiary. The reported post-transaction amount was 38,867,808 shares; a footnote says it reflects 81,867 shares transferred from Troim’s direct holdings to Drew Holdings on October 9, 2026. No Rule 10b5-1 plan is reported.

Insights

Analyzing...

Insider Troim Tor Olav
Role Director
Bought 1,500,000 shs ($7.40M)
Type Security Shares Price Value
Purchase Common Shares F1, F2 1,500,000 $4.9344 $7.40M
Holdings After Transaction: Common Shares — 38,867,808 shares (Indirect, By Drew Holdings Ltd.)
Footnotes (2)
  1. F1. Reporting person transferred 81,867 shares he previously held directly to Drew Holdings Ltd. on October 9, 2026.
  2. F2. Drew Holdings Ltd. is wholly owned by Drew Trust, a non-discretionary trust in which the reporting person is the beneficiary.
Common Shares purchased 1,500,000 shares October 13, 2026; purchased by Drew Holdings Ltd.
Price per share $4.9344 per share Purchase on October 13, 2026
Post-transaction amount 38,867,808 shares Reported after the October 13, 2026 purchase
Shares transferred 81,867 shares Transferred from Tor Olav Troim's direct holdings to Drew Holdings Ltd. on October 9, 2026
Common Shares financial
"purchase of 1,500,000 Common Shares"
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
non-discretionary trust technical
"a non-discretionary trust in which the reporting person is the beneficiary"
beneficiary technical
"the reporting person is the beneficiary"

FAQ

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How many BORR shares did Drew Holdings buy, and at what price?

Drew Holdings Ltd. purchased 1,500,000 Common Shares on October 13, 2026, at $4.9344 per share. Drew Holdings is wholly owned by Drew Trust, a non-discretionary trust in which Tor Olav Troim is the beneficiary. No Rule 10b5-1 plan is reported.

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

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
HAMILTOND0 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
[BORR]
3. Date of Earliest Transaction (Month/Day/Year)
10/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares10/13/202610/14/2026PV1,500,000A$4.934438,867,808(1)IBy Drew Holdings Ltd.(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reporting person transferred 81,867 shares he previously held directly to Drew Holdings Ltd. on October 9, 2026.
2. 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-fact10/14/2026
** Signature of Reporting PersonDate
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)

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