Seadrill (NYSE: SDRL) SVP Marcel Wieggers sells 13,475 common shares

Rhea-AI Filing Summary

SEADRILL Ltd Senior VP of Operations Marcel Wieggers reported selling 13,475 common shares in open-market transactions. On June 11, 2026, he completed two sales of Seadrill common shares, totaling 13,475 shares, at prices around the mid-$40s per share.

The filing notes that one reported price is a weighted average, with individual trades executed between $44.92 and $45.21 per share. These are non-derivative transactions in common shares and there are no related option or derivative exercises disclosed in this filing.

Insider Trade Summary

Net Seller: 13,475 shares ($605,566)

Net Sell 2 txns

Insider Wieggers Marcel

Role Senior VP, Operations

Sold 13,475 shs ($606K)

Type	Security	Shares	Price	Value
Sale	Common Shares	13,474	$44.94	$606K
Sale	Common Shares	1	$44.614	$44.61

Holdings After Transaction: Common Shares — 1 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Total shares sold: 13,475 shares First reported sale price: $44.614 per share Second reported sale price: $44.94 per share +3 more

6 metrics

Total shares sold 13,475 shares Net shares sold across two transactions

First reported sale price $44.614 per share Non-derivative common share sale on June 11, 2026

Second reported sale price $44.94 per share Non-derivative common share sale on June 11, 2026

Price range for weighted average trade $44.92–$45.21 per share Footnote describing multiple transaction prices

Sale transactions count 2 transactions Both coded “S” as open-market sales

Net buy/sell direction Net-sell of 13,475 shares Form 4 transactionSummary

Key Terms

open-market sale, weighted average price, non-derivative, Form 4

4 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

non-derivative financial

""transaction_type": "non-derivative""

Form 4 regulatory

"within the range set forth in footnote (1) to this 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.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wieggers Marcel

(Last) (First) (Middle)

4425 WESTWAY PARK BLVD., SUITE 170

(Street)

HOUSTON TEXAS 77041

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SEADRILL Ltd [ SDRL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior VP, Operations

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	06/11/2026		S		13,474	D	$44.94(1)	1	D
Common Shares	06/11/2026		S		1	D	$44.614	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.92 to $45.21, inclusive. The reporting person undertakes to provide to Seadrill Limited (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.

	/s/ Todd D. Strickler, attorney-in-fact	06/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SEADRILL (SDRL) report for Marcel Wieggers?

SEADRILL reported that Senior VP of Operations Marcel Wieggers sold 13,475 common shares in open-market transactions on June 11, 2026. The Form 4 classifies both trades as non-derivative sales of common shares.

At what prices did Marcel Wieggers sell SEADRILL (SDRL) shares?

The reported transactions show sales around the mid-$40s, including a price of $44.94 per share. A footnote states a weighted average price with individual trades between $44.92 and $45.21 per share.

How many SEADRILL (SDRL) shares did Marcel Wieggers sell in total?

According to the Form 4, Marcel Wieggers sold a total of 13,475 common shares of SEADRILL Ltd. The filing’s transaction summary shows two sale transactions with combined net-sell shares of 13,475.

Were Marcel Wieggers’ SEADRILL (SDRL) sales open-market transactions?

Yes. Each transaction is coded “S” and described as an open-market sale of non-derivative common shares. This code indicates the shares were sold in ordinary market or private sale transactions rather than through option exercises or gifts.

Does the SEADRILL (SDRL) Form 4 show any option or derivative exercises?

No. The Form 4 lists only non-derivative transactions in common shares and a derivativeSummary with no entries. The transactionSummary also reports zero option exercises and zero derivative transactions for this filing.