Valaris (NYSE: VAL) controller uses 20 shares to cover tax withholding

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

1 transaction reported

Mixed 1 txn

Insider Barron Melissa

Role Controller

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	20	$96.38	$2K

Holdings After Transaction: Common Shares — 10,064 shares (Direct)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 20 Common Shares Withholding price: $96.38 per share Shares held after transaction: 10,064 Common Shares

3 metrics

Shares withheld for taxes 20 Common Shares Tax-withholding disposition on settlement or vesting

Withholding price $96.38 per share Reported value for withheld shares

Shares held after transaction 10,064 Common Shares Direct ownership following tax withholding

Key Terms

tax withholding obligations, settlement or vesting, Common Shares, tax-withholding disposition

4 terms

tax withholding obligations financial

"to enable the reporting person to satisfy tax withholding obligations that arose upon such settlement or vesting"

settlement or vesting financial

"These shares were withheld upon settlement or vesting to enable the reporting person to satisfy tax withholding obligations"

Common Shares financial

"security_title: "Common Shares""

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 Insider Transactions: What Each Field Means →

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^*

Barron Melissa

(Last) (First) (Middle)

C/O 5847 SAN FELIPE

SUITE 3300

(Street)

HOUSTON TEXAS 77057

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Valaris Ltd [ VAL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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	04/01/2026		F		20(1)	D	$96.38	10,064	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. 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.

Remarks:

	/s/ Andrew Campbell, by power-of-attorney	04/02/2026
	** 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)

FAQ

What did Valaris (VAL) Controller Melissa Barron report in this Form 4?

Melissa Barron reported a small tax-related share disposition. 20 Valaris Common Shares were withheld upon settlement or vesting of equity awards to cover tax obligations, with the issuer remitting the related cash taxes to the appropriate authority.

Was the Valaris (VAL) Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. Shares were withheld by Valaris upon settlement or vesting of awards solely to satisfy tax withholding obligations, as described in the footnote, rather than being sold on the open market for investment purposes.

How many Valaris (VAL) shares were withheld for tax obligations?

A total of 20 Valaris Common Shares were withheld. The filing notes these shares were retained by the issuer upon settlement or vesting of equity awards so that the resulting tax withholding obligations could be satisfied in cash by Valaris to the taxing authority.

What is Melissa Barron’s Valaris (VAL) shareholding after this Form 4 event?

After the tax-withholding disposition, Melissa Barron directly holds 10,064 Valaris Common Shares. This figure reflects her remaining direct ownership following the withholding of 20 shares to cover tax obligations arising from the settlement or vesting of equity awards.

At what price per share were the Valaris (VAL) shares withheld?

The 20 withheld Valaris Common Shares were valued at $96.38 per share. This price is used in the Form 4 to report the tax-withholding disposition, even though the shares were not sold in an open-market transaction but retained by the issuer.