Valaris CEO reports 2,741 shares withheld for taxes on vesting
Valaris Ltd. disclosed an insider equity transaction involving its President & CEO, who is also a director.
Rhea-AI Filing Summary
Valaris Ltd. disclosed an insider equity transaction involving its President & CEO, who is also a director. On 12/31/2025, 2,741 common shares were withheld in a transaction coded "F," which indicates shares were surrendered to cover taxes due at vesting. The shares were valued at $50.4 per share for this purpose.
After this tax withholding event, the reporting person beneficially owns 245,381 common shares, held directly. The filing notes that the issuer will pay the related tax withholding amount in cash to the appropriate taxing authority, reflecting an administrative adjustment rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 2,741 | $50.40 | $138K |
Footnotes (1)
- F1. These shares were withheld upon vesting to enable the reporting person to satisfy tax withholding obligations that arose upon such vesting, which will be paid by the issuer to the appropriate taxing authority in cash.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Valaris (VAL) report in this Form 4 filing?
The filing reports that on 12/31/2025, the President & CEO of Valaris Ltd., who is also a director, had 2,741 common shares withheld in a transaction coded "F" to cover tax obligations arising from a vesting event.
Was the Valaris (VAL) Form 4 transaction an open-market sale by the insider?
No. The explanation states that the 2,741 shares were withheld upon vesting to satisfy tax withholding obligations, with the issuer paying the tax amount in cash to the taxing authority, rather than the insider selling shares in the market.
What does transaction code "F" mean in the Valaris (VAL) Form 4?
The transaction is coded "F", which in this context is described as shares being withheld upon vesting so the reporting person can satisfy tax withholding obligations, with the issuer remitting cash to the tax authority.
What roles does the reporting person hold at Valaris (VAL)?
The reporting person is identified as both a Director and an Officer, serving as President & CEO of Valaris Ltd.
AI-generated analysis. How Rhea-AI works. Not financial advice.