Valaris (VAL) SVP-CFO reports 1,016 shares withheld for taxes on vesting
Rhea-AI Filing Summary
Valaris Ltd. insider transaction: A senior vice president and chief financial officer of Valaris Ltd. (VAL) reported a routine share withholding transaction on 12/31/2025. The Form 4 shows that 1,016 common shares were withheld, coded as an "F" transaction, at a price of $50.4 per share.
These shares were withheld upon vesting to cover tax withholding obligations, which the company will pay in cash to the taxing authorities. Following this transaction, the reporting person beneficially owns 59,135 common shares, held directly.
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FAQ
What insider transaction did Valaris Ltd (VAL) report on 12/31/2025?
Valaris Ltd (VAL) reported that its senior vice president and chief financial officer had 1,016 common shares withheld on 12/31/2025 to cover tax obligations related to share vesting.
What does the Form 4 transaction code "F" mean for Valaris (VAL)?
The Form 4 lists transaction code "F", indicating that 1,016 shares were withheld by Valaris Ltd to satisfy the insider’s tax withholding obligations upon vesting.
At what price were the withheld Valaris (VAL) shares valued in this Form 4?
The 1,016 withheld Valaris common shares were valued at a price of $50.4 per share for the tax withholding transaction.
How many Valaris (VAL) shares does the reporting person own after this transaction?
After the tax withholding transaction, the reporting person beneficially owns 59,135 Valaris common shares, held directly.
Why were Valaris (VAL) shares withheld from the insider’s vesting award?
The explanation states the 1,016 shares were withheld upon vesting so the insider could satisfy tax withholding obligations, which will be paid by Valaris in cash to the tax authorities.
What is the reporting person’s role at Valaris Ltd (VAL) in this Form 4?
The reporting person is identified as an officer of Valaris Ltd, serving as SVP - CFO (senior vice president and chief financial officer).