Welcome to our dedicated page for Seadrill SEC filings (Ticker: SDRL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Seadrill Limited filings document regulatory disclosures for a Bermuda offshore drilling contractor with common shares listed on the New York Stock Exchange under SDRL. Recent Form 8-K reports furnish quarterly and annual operating results, financial condition, contract backlog, guidance and fleet-related press releases.
The company's proxy and governance filings cover annual shareholder meeting matters, board oversight, executive compensation and officer changes. Material-event filings also document leadership transitions, compensation arrangements, registered share class information, exhibits and Inline XBRL cover data tied to Seadrill's public-company reporting.
Seadrill Limited reported first quarter 2026 results showing modest growth with continued losses but stronger cash generation metrics. Total operating revenues were $358 million, up from $335 million a year earlier, while net loss narrowed to $7 million from $14 million. Adjusted EBITDA rose to $97 million from $88 million in the prior quarter, giving a 27.1% Adjusted EBITDA margin.
The company added over $860 million of new contracts since its February fleet status report, bringing Contract Backlog to about $3.1 billion. Full-year 2026 guidance was raised, with total operating revenues now targeted at $1.43–$1.48 billion and Adjusted EBITDA at $370–$420 million. At quarter-end, Seadrill held $329 million in cash and restricted cash against $625 million of gross debt, for net debt of $296 million, and reported first-quarter Free Cash Flow of -$35 million.
Seadrill Ltd ownership filing: Vanguard Capital Management reports beneficial ownership of 3,150,314 shares of Common Stock, representing 5.04% of the class as of 03/31/2026. The filer reports sole voting power over 459,845 shares and sole dispositive power over 3,150,314 shares. The filing is signed on 04/28/2026 by Ashley Grim.
Seadrill Ltd Executive Vice President & CFO Creed R. Grant reported routine equity compensation activity. On April 25, he exercised 12,238 restricted stock units, converting them into the same number of common shares. These units convert into common shares of Seadrill Limited on a one-for-one basis.
On April 27, 4,816 of those common shares were disposed of to satisfy tax obligations at a price of $48.10 per share, a tax-withholding disposition rather than an open-market sale. After these transactions, Grant directly holds 57,211 common shares.
Seadrill Ltd reported insider equity transactions by SVP & General Counsel Todd D. Strickler. On April 25, 2026, he exercised 7,954 restricted stock units, which converted into the same number of Seadrill common shares on a one-for-one basis.
On April 27, 2026, 3,130 common shares were disposed of through a tax-withholding transaction at $48.10 per share to cover tax obligations. Following these routine compensation-related transactions, Strickler directly holds 31,409 Seadrill common 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. The transactions increased his direct common share holdings to 44,764 shares, while he continues to hold 15,910 restricted stock units.
Seadrill Ltd Senior VP of Operations Marcel Wieggers exercised restricted stock units into common shares and had some of the resulting shares withheld to cover tax obligations. On April 25, 2026, 7,954 restricted stock units converted into 7,954 common shares at $0.00 per share. On April 27, 2026, 1,937 common shares were disposed of at $48.10 per share as a tax-withholding transaction, not an open-market sale, leaving him with 13,475 common shares held directly.
Seadrill Ltd executive Torsten Sauer-Petersen exercised restricted stock units into 7,954 common shares and had shares withheld to cover taxes. On April 27, 3,130 common shares were disposed of at $48.10 per share as a tax-withholding disposition, not an open-market sale. Following these transactions, he directly owned 42,625 common shares and held 15,910 restricted stock units, which convert into common shares on a one-for-one basis.
Seadrill Ltd President & CEO Ali Samir H reported routine equity compensation activity involving restricted stock units. On April 17, 2026, he exercised 3,913 restricted stock units, which converted into the same number of common shares on a one-for-one basis.
To cover tax obligations, 1,540 common shares were disposed of at $46.17 per share through a tax-withholding transaction, leaving him with 39,940 common shares held directly after these transactions. The filing also notes an earlier grant of 11,738 restricted stock units on April 17, 2024, vesting in three equal annual installments.
Seadrill Ltd officer Torsten Sauer-Petersen reported compensation-related equity transactions in company stock. On April 17, he exercised restricted stock units to acquire 3,913 common shares of Seadrill, converting the units on a one-for-one basis.
To cover tax obligations, 1,540 common shares were disposed of as a tax-withholding transaction, rather than an open-market sale. After these transactions, he directly held 37,801 common shares. The filing indicates this was part of an RSU grant originally awarded in 2024 that vests in three equal annual installments.
Seadrill Ltd Executive Vice President & CFO Grant R. Creed reported routine equity compensation activity involving restricted stock units and tax withholding. On April 17, he exercised 6,020 restricted stock units, which converted into the same number of Seadrill common shares on a one-for-one basis. To cover tax obligations, 2,393 common shares were disposed of as a tax-withholding transaction, not an open-market sale. Following these transactions, he directly held 49,789 common shares of Seadrill. A prior grant of 18,059 restricted stock units was made on April 17, 2024, vesting in three equal annual installments.