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Valaris (VAL) CFO logs 830-share tax-withholding disposition in Form 4 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
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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*
Weber Christopher T

(Last) (First) (Middle)
C/O 5847 SAN FELIPE
SUITE 3300

(Street)
HOUSTON TX 77057

(City) (State) (Zip)
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)
SVP - CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/05/2026 F 830(1) D $90.59 62,104 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, power-of-attorney 03/09/2026
** 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.

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.

How many Valaris (VAL) shares did the CFO dispose of for tax withholding?

The CFO disposed of 830 Valaris common shares in a tax-withholding transaction. These shares were withheld upon settlement or vesting of equity awards to satisfy tax obligations, with the company remitting the cash tax payment directly to the relevant tax authorities on his behalf.

What price per share was reported in the Valaris (VAL) CFO’s Form 4?

The Form 4 reports a transaction price of $90.59 per Valaris common share. This price applies to the 830 shares disposed of in connection with tax withholding upon settlement or vesting of equity awards, as described in the filing’s transaction details and accompanying footnote.

How many Valaris (VAL) shares does the CFO hold after this Form 4 transaction?

Following the tax-withholding disposition, the CFO directly holds 62,104 Valaris common shares. This post-transaction balance reflects the remaining direct ownership after 830 shares were withheld to satisfy tax obligations tied to the settlement or vesting of equity-based compensation.