Valaris director receives 2,188-share RSU award

Goldschmid Joseph reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Goldschmid Joseph reported acquisition or exercise transactions in this Form 4 filing.

Valaris Ltd director Joseph Goldschmid reported an equity award of 2,188 restricted stock units (RSUs). These RSUs represent his annual equity retainer and were granted at no cash cost per unit. They will vest in full on the earlier of the first anniversary of the grant date or the next annual meeting of shareholders.

After this award, Goldschmid is shown as having 38,560 common shares in total. Under Oak Hill Advisors, L.P. policies, the RSUs received by Goldschmid are held for the benefit of certain OHA clients, so the economic benefit is for those clients rather than a discretionary open-market purchase by the director.

Insider Trade Summary

Grant/Award: 2,188 shares

Grant/Award 1 txn

Insider Goldschmid Joseph

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	2,188	$0.00	$0.00

Holdings After Transaction: Common Shares — 38,560 shares (Direct)

Footnotes (2)

1. F1. Consists of 2,188 restricted stock units, representing the recipient's annual equity retainer, which will vest in full on the earlier of the first anniversary of the date of grant or the next annual meeting of the Company's shareholders.
2. F2. Pursuant to the policies of Oak Hill Advisors, L.P. ("OHA"), the restricted stock units received by Mr. Goldschmid are held for the benefit of certain clients of OHA.

Key Figures

RSU award size: 2,188 units Grant price per share: $0.00 per unit Total shares after transaction: 38,560 shares

3 metrics

RSU award size 2,188 units Annual equity retainer grant

Grant price per share $0.00 per unit Compensation-related RSU grant

Total shares after transaction 38,560 shares Holdings following RSU award

Key Terms

restricted stock units, annual equity retainer, vest in full, held for the benefit, +1 more

5 terms

restricted stock units financial

"Consists of 2,188 restricted stock units, representing the recipient's annual equity retainer"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

annual equity retainer financial

"representing the recipient's annual equity retainer, which will vest in full"

vest in full financial

"which will vest in full on the earlier of the first anniversary of the date of grant"

held for the benefit financial

"the restricted stock units received by Mr. Goldschmid are held for the benefit of certain clients of OHA"

clients of OHA financial

"held for the benefit of certain clients of OHA"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Valaris (VAL) director Joseph Goldschmid report?

Joseph Goldschmid reported receiving 2,188 restricted stock units as an equity award. The RSUs represent his annual equity retainer and were granted at no cash cost, with vesting tied to either the next annual meeting or one year from grant.

How many Valaris (VAL) shares does Joseph Goldschmid hold after this Form 4?

Following the award, Goldschmid is shown holding 38,560 common shares. This total includes the newly granted 2,188 restricted stock units, providing context that the award is modest relative to his overall reported position.

Are the Valaris (VAL) restricted stock units for Joseph Goldschmid his personal benefit?

The RSUs are held for the benefit of certain clients of Oak Hill Advisors, L.P. Company policies direct the economic benefit to those clients, even though the award is reported in Goldschmid’s name on the Form 4.

When do Joseph Goldschmid’s Valaris (VAL) restricted stock units vest?

The 2,188 restricted stock units vest in full on the earlier of the first anniversary of the grant date or the next annual meeting of Valaris shareholders. This is a standard time-based vesting schedule tied to board service.

Was Joseph Goldschmid’s Valaris (VAL) Form 4 transaction a market purchase or sale?

No market purchase or sale occurred; it was a grant of 2,188 restricted stock units at a price of $0.00 per unit. This is a compensation-related equity award, not an open-market trade in Valaris shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/12/2026 - 04:22 PM Learn about SEC filing dates

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^*

Goldschmid Joseph

(Last) (First) (Middle)

C/O CLARENDON HOUSE

2 CHURCH STREET

(Street)

HAMILTON HM 11

(City) (State) (Zip)

BERMUDA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Valaris Ltd [ VAL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/10/2026		A		2,188(1)	A	$0	38,560	D(2)

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 2,188 restricted stock units, representing the recipient's annual equity retainer, which will vest in full on the earlier of the first anniversary of the date of grant or the next annual meeting of the Company's shareholders.

2. Pursuant to the policies of Oak Hill Advisors, L.P. ("OHA"), the restricted stock units received by Mr. Goldschmid are held for the benefit of certain clients of OHA.

Remarks:

Mr. Goldschmid, an employee of OHA, is a member of the board of directors of the Issuer. Pursuant to Rule 16a-1 under the Securities Exchange Act of 1934, as amended (the "Act"), Mr. Goldschmid is a beneficial owner of certain securities of the Issuer to the extent of his pecuniary interest therein. This filing shall not be deemed an admission that Mr. Goldschmid is or was, for the purposes of Section 16 of the Act or otherwise, a beneficial owner of any securities of the Issuer, and such beneficial ownership is and was expressly disclaimed by Mr. Goldschmid, in each case except to the extent of his pecuniary interests.

	/s/ Andrew Campbell, by power-of-attorney	06/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)