Valaris controller covers taxes with 20 shares
Valaris Ltd Controller Melissa Barron reported a small tax-related share disposition.
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Rhea-AI Filing Summary
Valaris Ltd Controller Melissa Barron reported a small tax-related share disposition. On settlement or vesting of equity awards, 20 Common Shares were withheld at $96.38 per share to cover tax withholding obligations, with the issuer paying the taxes in cash. Following this routine withholding, Barron directly holds 10,064 Common Shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 20 | $96.38 | $2K |
Footnotes (1)
- F1. These shares were withheld upon settlement or vesting to enable the reporting person to satisfy tax withholding obligations that arose upon such settlement or vesting, which will be paid by the issuer to the appropriate taxing authority in cash.
Key Figures
Key Terms
tax withholding obligations financial
settlement or vesting financial
tax-withholding disposition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Valaris (VAL) Controller Melissa Barron report in this Form 4?
Was the Valaris (VAL) Form 4 transaction an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.