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RIG (NYSE: RIG) Form 144 shows insider plan to sell 66,437 shares

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An affiliate of RIG has filed a Form 144 notice covering the proposed sale of 66,437 common shares through Morgan Stanley Smith Barney on the NYSE, with an indicated aggregate market value of $295,644.65. These shares were acquired as restricted stock units from the issuer on 03/01/2024 and became deliverable in that amount.

The notice states that there were 1,101,441,205 common shares outstanding at the time referenced. It also discloses that, during the past three months, a related Rule 10b5-1 trading arrangement for Keelan Adamson sold 40,942 common shares on 10/24/2025 for gross proceeds of $163,768.00. By signing, the seller represents they are not aware of undisclosed material adverse information about the issuer.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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: Securities To Be Sold


* 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: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does this Form 144 filing for RIG disclose?

This Form 144 discloses a planned sale of 66,437 common shares of RIG on the NYSE, providing details on how the shares were acquired, how many are outstanding, and recent related sales.

How many RIG shares are planned to be sold and what is the market value?

The filing covers a proposed sale of 66,437 common shares with an aggregate market value of $295,644.65, to be executed through Morgan Stanley Smith Barney LLC.

How and when were the 66,437 RIG shares acquired?

The 66,437 common shares were acquired on 03/01/2024 as restricted stock units from the issuer, with the amount and acquisition date shown in the filing.

How many RIG shares were outstanding at the time referenced in the Form 144?

The filing reports that there were 1,101,441,205 common shares outstanding for the issuer, providing context for the size of the planned sale.

What RIG stock sales occurred in the last three months under the same account?

During the past three months, a Rule 10b5-1 arrangement for Keelan Adamson sold 40,942 common shares of RIG on 10/24/2025, generating gross proceeds of $163,768.00.

What representation does the seller make about RIG in this Form 144?

By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.

Which broker will handle the planned RIG share sale?

The planned sale of 66,437 RIG common shares is to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, New York, NY.
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