SEADRILL CFO sells 34,147 shares in open market

SEADRILL Ltd Executive Vice President & CFO Creed Grant R sold common shares in two open-market transactions.

Rhea-AI Filing Summary

SEADRILL Ltd Executive Vice President & CFO Creed Grant R sold common shares in two open-market transactions. On June 11, 2026, he sold a total of 34,147 common shares of SEADRILL Ltd in open-market sales.

The first sale covered 27,952 shares at a weighted average price of $44.92, with individual trades executed between $43.87 and $44.435. The second sale covered 6,195 shares at a weighted average price of $44.20, with trades between $44.44 and $45.425, as disclosed in the footnotes.

Insider Trade Summary

Net Seller: 34,147 shares

Net Sell 2 txns

Insider Creed Grant R

Role Executive Vice President & CFO

Sold 34,147 shs ($1.53M)

Type	Security	Shares	Price	Value
Sale	Common Shares	6,195	$44.20	$274K
Sale	Common Shares	27,952	$44.92	$1.26M

Holdings After Transaction: Common Shares — 23,064 shares (Direct)

Footnotes (2)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.87 to $44.435, 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 ranges set forth in footnotes (1) and (2) to this Form 4.
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.44 to $45.425, inclusive.

Key Figures

Total shares sold: 34,147 shares First block sold: 27,952 shares at $44.92 Second block sold: 6,195 shares at $44.20 +2 more

5 metrics

Total shares sold 34,147 shares Open-market sales on June 11, 2026

First block sold 27,952 shares at $44.92 Weighted average price, common shares

Second block sold 6,195 shares at $44.20 Weighted average price, common shares

First price range $43.87–$44.435 Multiple trades within this range

Second price range $44.44–$45.425 Multiple trades within this range

Key Terms

weighted average price, open-market sale, Form 4

3 terms

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.

open-market sale financial

"transaction_action: "open-market sale" for each common share transaction"

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.

Form 4 regulatory

"within the ranges set forth in footnotes (1) and (2) 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.

FAQ

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

What insider transaction did SEADRILL (SDRL) disclose for Creed Grant R?

SEADRILL disclosed that Executive Vice President & CFO Creed Grant R sold 34,147 common shares in two open-market transactions on June 11, 2026. These trades were reported on a Form 4 insider filing with detailed share counts and weighted average prices.

How many SEADRILL (SDRL) shares did the CFO sell and at what prices?

The CFO sold 34,147 SEADRILL common shares in total. He sold 27,952 shares at a weighted average price of $44.92 and 6,195 shares at a weighted average price of $44.20, according to the Form 4.

Were the SEADRILL (SDRL) CFO stock sales open-market transactions?

Yes, both transactions by the SEADRILL CFO were open-market sales of common shares. The Form 4 classifies each as an open-market sale, meaning the shares were sold through normal trading on the market rather than through a private agreement.

What price ranges applied to the SEADRILL (SDRL) CFO’s share sales?

The first block of shares was sold in multiple trades priced between $43.87 and $44.435. The second block was sold in trades between $44.44 and $45.425. The reported prices are weighted averages of those individual transactions.

Does the SEADRILL (SDRL) Form 4 state that prices are weighted averages?

Yes. The footnotes explain that the prices in Column 4 are weighted average prices. Each sale involved multiple trades within specified price ranges, and the insider offers to provide detailed trade-by-trade information upon request to investors or regulators.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/12/2026 - 03:39 PM 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^*

Creed Grant R

(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)
	Executive Vice President & CFO

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		6,195	D	$44.2(1)	51,016	D
Common Shares	06/11/2026		S		27,952	D	$44.92(2)	23,064	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 $43.87 to $44.435, 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 ranges set forth in footnotes (1) and (2) to this Form 4.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.44 to $45.425, inclusive.

	/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)