Transocean (RIG) director Chad Deaton buys 35,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Transocean Ltd. director Chad C. Deaton reported an open-market purchase of company shares. On July 2, 2026, he bought 35,000 Registered Shares at $4.95 per share. Following this transaction, his directly held position increased to 237,421 shares of Transocean.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 35,000 shares ($173,250)
Net Buy
1 txn
Insider
DEATON CHAD C
Role
null
Bought
35,000 shs ($173K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Registered Shares | 35,000 | $4.95 | $173K |
Holdings After Transaction:
Registered Shares — 237,421 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 35,000 shares
Purchase price: $4.95 per share
Shares owned after transaction: 237,421 shares
+2 more
5 metrics
Shares purchased
35,000 shares
Open-market purchase on July 2, 2026
Purchase price
$4.95 per share
Price paid for Registered Shares
Shares owned after transaction
237,421 shares
Direct ownership following the July 2, 2026 trade
Transaction code
P
Indicates open-market or private purchase
Transaction direction
buy
Classified as net-buy in transaction summary
Key Terms
Registered Shares, open-market purchase, transaction code P, Form 4, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
transaction code P financial
"transaction_code_description: "Purchase in open market or private transaction""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
direct ownership financial
"ownership_type: "direct" and ownership_code: "D""
FAQ
What insider transaction did Transocean (RIG) director Chad C. Deaton report?
Chad C. Deaton reported an open-market purchase of Transocean shares. He bought 35,000 Registered Shares on July 2, 2026, increasing his direct ownership stake in the company as disclosed in this Form 4 insider trading report.
Was the Transocean (RIG) Form 4 transaction a buy or a sell?
The Form 4 shows a buy transaction. Chad C. Deaton executed an open-market purchase, acquiring 35,000 Registered Shares of Transocean at $4.95 per share, identified with transaction code P and a transaction direction labeled as buy.
Did the Transocean (RIG) Form 4 include any derivative security transactions?
The Form 4 does not report any derivative security transactions. It lists only a single non-derivative transaction involving Registered Shares, and the derivativeSummary section in the structured data is empty, indicating no options or similar instruments here.
What does transaction code P mean in the Transocean (RIG) Form 4 filing?
Transaction code P denotes an open-market or private purchase of securities. In this Transocean filing, it confirms that Chad C. Deaton bought 35,000 Registered Shares at $4.95 per share rather than selling or exercising derivative securities.