Valaris (VAL) insider files Form 4: 253 shares withheld for taxes
Valaris Ltd. (VAL) – Form 4 insider filing: Controller Melissa Barron reported an F-code transaction on 07/03/2025.
Rhea-AI Filing Summary
Valaris Ltd. (VAL) – Form 4 insider filing: Controller Melissa Barron reported an F-code transaction on 07/03/2025. Code F indicates shares were withheld solely to cover tax obligations arising from the vesting of equity awards, not an open-market sale or purchase. The company withheld 253 common shares at an imputed price of $45.44. Following the withholding, Barron now owns 10,287 VAL common shares directly. No derivative securities were involved, and there were no additional acquisitions or dispositions reported. The filing is routine and does not signal a directional view on Valaris’ prospects.
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Insights
TL;DR: Routine tax-withholding; negligible impact on VAL.
The Form 4 reflects an administrative Code F tax-withholding event tied to equity award vesting. Only 253 shares—or roughly US$11.5 k—were withheld, leaving the officer with 10,287 shares. Such small, automatic dispositions are customary and non-indicative of management sentiment or company fundamentals. For investors, the filing is non-material and should not influence valuation or trading decisions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 253 | $45.44 | $11K |
Footnotes (1)
- F1. These shares were withheld upon vesting to enable the reporting person to satisfy tax withholding obligations that arose upon such vesting, which will be paid by the issuer to the appropriate taxing authority in cash.
FAQ
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What did Valaris (VAL) disclose in the latest Form 4?
What does transaction code F mean in a Form 4 filing?
Were any derivative securities reported in this Form 4?
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