Seadrill (NYSE: SDRL) grants 2,618 RSUs to board member Ana Zambelli
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zambelli Ana reported acquisition or exercise transactions in this Form 4 filing.
SEADRILL Ltd director Ana Zambelli received a grant of 2,618 restricted stock units on June 3, 2026 as equity-based compensation. Each unit represents a contingent right to receive one common share of Seadrill Limited. The units vest at the 2027 Annual General Meeting of Shareholders if that meeting occurs at least 50 weeks after the grant date, or otherwise on the first anniversary of the grant date. Upon vesting, they will be settled in cash or common shares, at the election of the Board’s Joint Nomination and Remuneration Committee.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zambelli Ana
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,618 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,618 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units granted to the reporting person on June 3, 2026. Each restricted stock unit represents a contingent right to receive one common share, par value $0.01 per share (a "Common Share"), of Seadrill Limited (the "Company"). The restricted stock units vest either (i) on the date of the 2027 Annual General Meeting of Shareholders of the Company (the "2027 Meeting"), if the 2027 Meeting occurs at least 50 weeks from the grant date or (ii) if earlier or the 2027 Meeting occurs less than 50 weeks from the grant date, on the first anniversary of the grant date, and will be settled in cash or Common Shares at the election of the Joint Nomination and Remuneration Committee of the Board of Directors of the Company.
Key Figures
RSUs granted: 2,618 units
Underlying shares: 2,618 common shares
Grant price: $0.00 per unit
+1 more
4 metrics
RSUs granted
2,618 units
Restricted stock units granted on June 3, 2026
Underlying shares
2,618 common shares
Each unit represents one common share on settlement
Grant price
$0.00 per unit
Compensatory award, not a market purchase
Post-transaction derivative holdings
2,618 units
Total restricted stock units following the grant
Key Terms
Restricted Stock Units, contingent right, Annual General Meeting of Shareholders, vest, +1 more
5 terms
Restricted Stock Units financial
"Represents restricted stock units granted to the reporting person on June 3, 2026."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one common share"
vest financial
"The restricted stock units vest either (i) on the date of the 2027 Annual General Meeting of Shareholders"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did SEADRILL (SDRL) director Ana Zambelli report?
Ana Zambelli reported receiving 2,618 restricted stock units as a grant. These units are a form of equity-based compensation that can convert into common shares or cash, aligning the director’s interests with company performance over time.
How many SEADRILL (SDRL) restricted stock units were granted to Ana Zambelli?
She was granted 2,618 restricted stock units. Each unit represents a contingent right to receive one SEADRILL common share, subject to vesting conditions and later settlement in either cash or shares as determined by a board committee.
When do Ana Zambelli’s SEADRILL (SDRL) restricted stock units vest?
The units vest at the 2027 Annual General Meeting of Shareholders if it occurs at least 50 weeks after grant. If that meeting is earlier, they instead vest on the first anniversary of the June 3, 2026 grant date, subject to standard conditions.
How will Ana Zambelli’s SEADRILL (SDRL) restricted stock units be settled?
Upon vesting, the restricted stock units will be settled either in cash or in common shares. The choice between cash and shares is made by the Joint Nomination and Remuneration Committee of SEADRILL’s Board, not by the reporting person.
What does each SEADRILL (SDRL) restricted stock unit granted to Ana Zambelli represent?
Each restricted stock unit represents a contingent right to receive one common share of SEADRILL. This means the director gains actual share ownership or cash only if the vesting conditions are satisfied and settlement is approved by the responsible board committee.
Is Ana Zambelli’s SEADRILL (SDRL) Form 4 transaction a market purchase or sale?
No, the Form 4 reports a compensatory grant of restricted stock units, not an open-market trade. The transaction code is “A” for award, showing an acquisition of derivative units rather than a buy or sell on the stock market.