Borr Drilling (BORR) director Jeffrey Currie buys 125K shares at $4.01
Rhea-AI Filing Summary
Borr Drilling Ltd director Jeffrey Currie purchased 125,000 Common Shares on August 13, 2026 at an average price of $4.0131 per share. Following this buy, he directly holds 479,423 shares, including 54,545 restricted stock units that vest in full on September 30, 2026, conditional on his continued service as a director. Each RSU represents a contingent right to receive one common share.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 125,000 shares
Net Buy
1 txn
Insider
Currie Jeffrey
Role
Director
Bought
125,000 shs ($502K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares F1 | 125,000 | $4.0131 | $502K |
Holdings After Transaction:
Common Shares — 479,423 shares (Direct)
Footnotes (1)
- F1. 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: 125,000 shares
Purchase price per share: $4.0131
Shares owned after transaction: 479,423 shares
+2 more
5 metrics
Shares purchased
125,000 shares
Common Shares bought on August 13, 2026 by director Jeffrey Currie
Purchase price per share
$4.0131
Average price for the 125,000 Common Shares purchased
Shares owned after transaction
479,423 shares
Total direct holdings of Jeffrey Currie following the reported purchase
Restricted stock units held
54,545 RSUs
Included in post-transaction holdings; each RSU equals one common share
RSU vesting date
September 30, 2026
Vesting date for 54,545 RSUs, conditional on continued service as director
Key Terms
restricted stock units, RSUs, contingent right to receive one common share
3 terms
restricted stock units financial
"Includes 54,545 restricted stock units (RSUs) that vest in full on September 30, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Includes 54,545 restricted stock units (RSUs) that vest in full on September 30, 2026"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
FAQ
What insider transaction did BORR director Jeffrey Currie report?
Director Jeffrey Currie reported a purchase of 125,000 Common Shares of Borr Drilling Ltd on August 13, 2026 at an average price of $4.0131 per share in an open-market or private transaction.
What restricted stock units did Jeffrey Currie report in BORR?
Currie’s reported holdings include 54,545 restricted stock units (RSUs) that vest in full on September 30, 2026, conditional on his continuing to serve as a director. Each RSU represents a contingent right to receive one common share of Borr Drilling.
AI-generated analysis. How Rhea-AI works. Not financial advice.