Borr Drilling Limited filings document a foreign private issuer that reports current events on Form 6-K and annual information on Form 20-F. The disclosures cover its shallow-water offshore drilling business, jack-up rig contracts, fleet operating updates, earnings materials, and audited consolidated financial statements.
The filing record also includes shareholder meeting materials, proxy and voting matters, and capital-structure disclosures related to convertible senior notes and existing convertible bonds. These documents describe governance actions, security terms, financing uses, and material operational updates for the company’s worldwide drilling contractor business.
Borr Drilling Limited plans to acquire five premium jack-up rigs in Mexico for a total purchase price of $287 million through a new 50/50 joint venture, BC Ventures Limited, with its long-term Mexican partner. The joint venture will buy the rig-owning entities holding two Friede & Goldman JU-2000E rigs and three LeTourneau Super 116-C rigs, all located in Mexico.
The Transaction is expected to be financed with a $237 million non-recourse seller’s credit plus a $25 million cash contribution from each partner at closing. The seller’s credit will mature in 2.5 years and be secured by a first lien on the five rigs. Closing is targeted within Q3 2026, subject to customary conditions, including merger control approvals. Management highlights an attractive valuation, lower debt per rig and lower cash breakeven than the existing fleet, positioning the company to pursue future jack-up opportunities in Mexico and globally.
Borr Drilling Ltd director Patrick Schorn has filed an initial Form 3 detailing his equity position. He directly holds 1,585,000 common shares. He also holds multiple employee stock option grants over common shares, with exercise prices ranging from 1.66 to 5.16 per share and expirations in 2026–2027.
Footnotes indicate 500,000 restricted stock units vested on December 31, 2025 but have not yet been issued as common shares, and a further 250,000 RSUs are scheduled to vest on December 31, 2026, conditional on his continued service as an executive or Board member.
Borr Drilling Ltd executive Lee Charles (Chuck), the company’s SVP and General Counsel, has filed an initial statement of beneficial ownership. The filing shows he holds no common shares directly as of the reporting date.
Footnotes describe equity awards of 26,346 restricted share units (RSUs) vesting on September 1, 2026, another 26,346 RSUs vesting on September 1, 2027, and 26,346 RSUs vesting on September 1, 2028, each conditional on his continuous employment with the company.
Borr Drilling Ltd Chief Operating Officer Harvey Edward Snowling filed an initial ownership report showing his existing equity awards in the company. The filing lists several employee stock options to purchase common shares with exercise prices ranging from $1.6600 to $6.5400 and expirations between 2026 and 2029. Each option grant covers distinct blocks of underlying common shares, including awards tied to grant dates in 2021, 2022, 2023, and 2024. Footnotes also describe restricted share units, such as 57,274 RSUs vesting on September 1, 2026, 57,273 RSUs vesting on September 1, 2027, and 57,274 RSUs vesting on September 1, 2028, all conditional on Snowling remaining in continuous employment with the company.
Borr Drilling Ltd senior vice president – commercial Jason Philip Crowe has filed an initial ownership report on Form 3. The filing shows no directly held common shares, but several employee stock options to purchase common shares with exercise prices of 6.3100 and 6.5400, expiring between 2028 and 2029. Footnotes also describe restricted stock units of 41,237, 41,236 and 41,237 that vest on September 1 of 2026, 2027 and 2028 if he remains continuously employed.
Borr Drilling Ltd Chief Accounting Officer Jehan Mawjee filed an initial statement of beneficial ownership, detailing holdings of employee stock options to purchase common shares at exercise prices between 1.6600 and 6.5400 per share, with expirations ranging from 2026 to 2029. The filing also notes restricted stock units that are scheduled to vest between September 1, 2026 and September 1, 2028, subject to continued employment, while direct common share holdings are reported as zero.
Borr Drilling Ltd executive Magnus Vaaler, the Chief Financial Officer, filed a Form 3 reporting his initial equity position. The filing lists multiple employee stock options to purchase common shares, with exercise prices between 1.6600 and 6.5400 per share and expirations from 2026 through 2029, plus 143,000 directly held common shares and several tranches of 41,237 restricted stock units scheduled to vest annually from 2026 to 2028, subject to continued employment.
Borr Drilling Ltd’s Chief Executive Officer, Bruno Morand De Oliveira, has filed an initial statement of beneficial ownership. He directly holds 145,000 common shares and a series of employee stock options to purchase additional common shares at exercise prices between $1.6600 and $6.5400, with expirations from 2026 through 2029.
The options reflect multiple grants that vest in staged thirds, as described in the footnotes for awards dated August 12, 2021, September 1, 2022, August 15, 2024, and November 17, 2023. Footnotes also note 183,276 restricted share units vesting on each of September 1, 2026, September 1, 2027, and September 1, 2028, subject to his continued employment.
Borr Drilling Ltd director Thiago Mordehachvili filed an initial ownership report showing only holdings, not new trades. The filing lists indirect ownership through Granular Capital Ltd of 46,145,132 common shares and a contract for difference over 2,000,000 underlying common shares. It also notes 54,545 restricted stock units that will vest on September 30, 2026 if he continues serving as a director.
Borr Drilling Ltd director Tor Olav Trøim has updated his reported share ownership. The amended Form 3 shows he holds 25,122,941 Common Shares indirectly through Drew Holding Ltd, which is wholly owned by Drew Trust where he is the beneficiary, and 27,322 Common Shares directly.
The filing also notes 54,545 restricted share units (RSUs) that will vest in full on September 30, 2026, provided he continues to serve as a director on the vesting date.