RIG (NYSE: RIG) plans Rule 144 sale of 500,000 common shares

Rhea-AI Filing Summary

RIG has filed a Form 144/A indicating a planned sale of 500,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $2,159,400, on or about 11/26/2025 on the NYSE. The issuer reports 1,101,441,205 shares of common stock outstanding. The shares to be sold were acquired from the issuer via equity compensation, including RSU vesting and performance stock units granted for services rendered on several dates from 2017 through 2024.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144/A

144/A: Filer Information

Filer CIK
Filer CCC
Previous Accession Number Of The Filing
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144/A: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144/A: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	500000	2159400.00	1101441205	11/26/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	04/22/2017	RSU Vesting under a Registered Plan	Issuer			14493	04/22/2017	Services Rendered
Common	02/06/2020	Performance Stock Units	Issuer			792	02/06/2020	Services Rendered
Common	02/08/2024	Performance Stock Units	Issuer			249093	02/08/2024	Services Rendered
Common	02/08/2024	Performance Stock Units	Issuer			235622	02/08/2024	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

Nothing to Report

144/A: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the RIG Form 144/A filing disclose?

The Form 144/A discloses that a holder intends to sell 500,000 shares of RIG common stock through Morgan Stanley Smith Barney LLC on or about 11/26/2025 on the NYSE, with an indicated aggregate market value of $2,159,400.

How many RIG shares are outstanding compared with the planned sale?

The issuer reports 1,101,441,205 shares of common stock outstanding, compared with the planned sale of 500,000 shares under this Form 144/A notice.

How were the RIG shares being sold under Form 144/A originally acquired?

The shares were acquired from the issuer as equity compensation, including RSU vesting under a registered plan and performance stock units, each described as received for services rendered on dates in 2017, 2020, and 2024.

What specific grants contribute to the RIG shares being sold?

Listed grants include 14,493 common shares from RSU vesting on 04/22/2017, 792 shares in performance stock units on 02/06/2020, and two performance stock unit awards of 249,093 and 235,622 common shares on 02/08/2024, all noted as consideration for services rendered.

Which broker will handle the planned RIG share sale?

The notice lists Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as the broker for the planned sale of 500,000 common shares.

What representation does the seller make in the RIG Form 144/A?

The seller represents by signing that they do not know any material adverse information about the issuer's current or prospective operations that has not been publicly disclosed, and the form notes that intentional misstatements or omissions can be Federal criminal violations.