Valaris (VAL) CFO logs 830-share tax-withholding disposition in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weber Christopher T
Role
SVP - CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 830 | $90.59 | $75K |
Holdings After Transaction:
Common Shares — 62,104 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Valaris (VAL) CFO Christopher Weber report?
Christopher T. Weber reported a tax-related share disposition involving Valaris common shares. On March 5, 2026, 830 common shares were disposed of at $90.59 per share to satisfy tax withholding obligations arising from equity settlement or vesting, with taxes remitted in cash by the issuer.
Was the Valaris (VAL) CFO’s Form 4 transaction an open-market sale?
The transaction was not an open-market sale. The Form 4 identifies it as a tax-withholding disposition, where 830 shares were withheld upon settlement or vesting to cover tax liabilities, and Valaris paid the related tax amounts in cash to the appropriate taxing authority.