Valaris CFO disposes 830 shares for tax withholding
Valaris Ltd senior vice president and chief financial officer Christopher T. Weber reported a small insider transaction involving the company’s common shares.
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Rhea-AI Filing Summary
Valaris Ltd senior vice president and chief financial officer Christopher T. Weber reported a small insider transaction involving the company’s common shares. On March 5, 2026, 830 common shares were disposed of at a price of $90.59 per share in a tax-withholding disposition.
According to the disclosure, these shares were withheld upon settlement or vesting to cover tax withholding obligations, with the issuer paying the taxes in cash to the relevant authorities. After this transaction, Weber’s directly held stake stands at 62,104 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 830 | $90.59 | $75K |
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.
FAQ
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What insider transaction did Valaris (VAL) CFO Christopher Weber report?
Was the Valaris (VAL) CFO’s Form 4 transaction an open-market sale?
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