Here are the DEF 14A proxy statements from Transocean LTD. (RIG) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow RIG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RIG filings page.
Transocean Ltd. is asking shareholders to approve routine annual items and highlight its planned all-stock acquisition of Valaris at the 2026 Annual General Meeting on May 22 in Zug, Switzerland. The company reports a strong 2025, with more than 90% of its ultra-deepwater and harsh-environment fleet committed and a $6.1 billion contract backlog that it aims to turn into free cash flow.
Management cites a record-low total recordable incident rate of 0.19 and 97.7% fleet uptime as evidence of operational strength. The Valaris deal is described as transformative, targeting over $200 million in cost synergies on top of about $250 million in standalone savings and creating a combined pro forma backlog of nearly $11 billion. Shareholders will also vote on director elections, capital authorization for up to 240,801,936 new shares, auditor ratification, and both advisory and binding compensation votes.