Seadrill CEO exercises RSUs, pays taxes in shares

Seadrill Ltd President & CEO Ali Samir H exercised 7,954 restricted stock units into common shares, then had 3,130 shares withheld to cover tax obligations.

Rhea-AI Filing Summary

Seadrill Ltd President & CEO Ali Samir H exercised 7,954 restricted stock units into common shares, then had 3,130 shares withheld to cover tax obligations. The transactions increased his direct common share holdings to 44,764 shares, while he continues to hold 15,910 restricted stock units.

Insider Trade Summary

7,954 shares exercised/converted

Exercise 3 txns

Insider Ali Samir H

Role President & CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Shares	3,130	$48.10	$151K
Exercise	Restricted Stock Units	7,954	$0.00	$0.00
Exercise	Common Shares	7,954	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 15,910 contracts (Direct); Common Shares — 44,764 shares (Direct)

Footnotes (2)

1. F1. Restricted stock units convert into common shares, par value $0.01 per share, of Seadrill Limited on a one-for-one basis.
2. F2. On April 25, 2025, the reporting person was granted 23,864 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.

Key Figures

RSUs exercised: 7,954 units Shares withheld for taxes: 3,130 shares Direct common shares after transactions: 44,764 shares +3 more

6 metrics

RSUs exercised 7,954 units Converted into common shares on 2026-04-25

Shares withheld for taxes 3,130 shares Tax-withholding disposition at $48.10 per share on 2026-04-27

Direct common shares after transactions 44,764 shares Holdings following reported Form 4 transactions

RSUs outstanding after transaction 15,910 units Restricted stock units remaining after 7,954-unit conversion

Grant size referenced in footnote 23,864 RSUs Granted on April 25, 2025, vesting in three equal annual installments

Tax-withholding reference price $48.10 per share Price used for 3,130-share tax-withholding disposition

Key Terms

Restricted stock units, tax-withholding disposition, derivative exercise/conversion, Exercise or conversion of derivative security, +1 more

5 terms

Restricted stock units financial

"Restricted stock units convert into common shares, par value $0.01 per share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"transaction_action: tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative exercise/conversion financial

"transaction_action: derivative exercise/conversion"

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

Payment of exercise price or tax liability by delivering securities financial

"transaction_code_description: Payment of exercise price or tax liability by delivering securities"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Seadrill (SDRL) report for its CEO?

Seadrill reported that President & CEO Ali Samir H exercised 7,954 restricted stock units into common shares. In a related step, 3,130 common shares were withheld to satisfy tax liabilities, reflecting routine compensation and tax-settlement activity rather than an open-market share sale.

How many Seadrill (SDRL) shares does the CEO hold after these transactions?

After the reported transactions, Seadrill’s President & CEO directly holds 44,764 common shares. This total reflects the recent RSU conversion, net of shares withheld for tax obligations, and represents his ongoing equity stake in the company following the Form 4 filing.

Were Seadrill (SDRL) CEO’s transactions open-market buys or sells?

The filing shows no open-market buys or sells. Instead, the CEO exercised 7,954 restricted stock units and 3,130 shares were disposed of through tax-withholding, a non-market mechanism used to cover tax liabilities when equity awards vest or are settled.

What does the tax-withholding disposition mean in Seadrill (SDRL)’s Form 4?

The tax-withholding disposition means 3,130 common shares were surrendered to cover tax liabilities tied to the RSU conversion. This F-code transaction is not a market sale; it is an administrative step typically handled by the issuer when equity awards vest.

How many restricted stock units does the Seadrill (SDRL) CEO still hold?

Following the derivative transaction, the CEO holds 15,910 restricted stock units. These RSUs remain outstanding after 7,954 units converted into common shares, and they represent additional potential future equity once they vest and are settled according to their grant terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/28/2026 - 11:36 AM EDT Learn about SEC filing dates

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^*

Ali Samir H

(Last) (First) (Middle)

11025 EQUITY DRIVE, SUITE 150

(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)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/25/2026

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	04/25/2026		M		7,954	A	(1)	47,894	D
Common Shares	04/27/2026		F		3,130	D	$48.1	44,764	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
Restricted Stock Units	(1)	04/25/2026		M			7,954	(2)	(2)	Common Shares	7,954	$0	15,910	D

Explanation of Responses:

1. Restricted stock units convert into common shares, par value $0.01 per share, of Seadrill Limited on a one-for-one basis.

2. On April 25, 2025, the reporting person was granted 23,864 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.

	/s/ Todd D. Strickler, attorney-in-fact	04/28/2026
	** 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)