Valaris (VAL) CCO Matthew Lyne granted 4,992 restricted share units

Rhea-AI Filing Summary

Lyne Matthew reported acquisition or exercise transactions in this Form 4 filing.

Valaris Ltd reported that senior vice president and chief commercial officer Matthew Lyne received an equity award. He was granted 4,992 restricted share units at no cash cost, classified as common shares. These units will vest in three equal installments on each of the first three anniversaries of the grant date. After this award, he beneficially owns 35,773 common shares directly.

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

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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^*

Lyne Matthew

(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 - CCO

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		A		4,992(1)	A	$0	35,773	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. Consists of a one-time grant of 4,992 restricted share units, which will vest in three equal installments on each of the first three anniversaries of the date of grant.

Remarks:

	/s/ Andrew Campbell, power-of-attorney	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Valaris (VAL) executive Matthew Lyne report in this Form 4?

Matthew Lyne reported an equity award of 4,992 restricted share units tied to Valaris common shares. The award was granted at no cash cost and constitutes a non-derivative acquisition of shares for compensation purposes, increasing his directly held beneficial ownership in the company.

How many Valaris (VAL) share units were granted to Matthew Lyne?

He was granted 4,992 restricted share units linked to Valaris common shares. This one-time award represents additional equity compensation and is recorded as a non-derivative acquisition, adding to his existing ownership position reported in the Form 4 filing for Valaris Ltd.

What is the vesting schedule for Matthew Lyne’s Valaris (VAL) restricted share units?

The 4,992 restricted share units will vest in three equal installments over three years. One-third vests on each of the first, second, and third anniversaries of the grant date, aligning his compensation with longer-term performance at Valaris Ltd through time-based vesting.

Did Matthew Lyne pay a purchase price for the Valaris (VAL) shares reported?

No cash price was paid for the award; the transaction price per share is reported as 0.0000. This indicates the shares were received as a grant or award of equity compensation rather than through an open-market purchase of Valaris Ltd common shares.

How many Valaris (VAL) shares does Matthew Lyne own after this award?

Following the reported grant, Matthew Lyne beneficially owns 35,773 Valaris common shares directly. This total reflects his holdings after adding the 4,992 restricted share units reported in the Form 4, according to the ownership information disclosed in the filing.

What role does Matthew Lyne hold at Valaris (VAL) in this Form 4 filing?

Matthew Lyne is identified as a senior vice president and chief commercial officer. His position as an officer of Valaris Ltd requires reporting equity awards like the 4,992 restricted share units disclosed in this Form 4 insider transaction filing with the SEC.