Valaris SVP has 1,449 shares withheld for taxes

Valaris Ltd senior vice president and chief commercial officer Matthew Lyne reported a tax-related share disposition.

Accepted by SEC EDGAR 03/05/2026 - 05:18 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Valaris Ltd senior vice president and chief commercial officer Matthew Lyne reported a tax-related share disposition. On the transaction date, 1,449 common shares were withheld at a price of $90.63 per share to satisfy tax withholding obligations arising from equity settlement or vesting. After this withholding, Lyne directly owned 34,324 common shares.

Insider Trade Summary

Exercise Price or Tax Liability: 1,449 shares

Exercise Price or Tax Liability 1 txn

Insider Lyne Matthew

Role SVP - CCO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Shares	1,449	$90.63	$131K

Holdings After Transaction: Common Shares — 34,324 shares (Direct)

Footnotes (1)

1. F1. 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.

FAQ

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

What insider transaction did Matthew Lyne report for Valaris (VAL)?

Matthew Lyne reported a tax-related disposition of Valaris common shares. On the transaction date, 1,449 shares were withheld upon settlement or vesting of equity awards to cover tax withholding obligations, with the issuer paying the taxes in cash to the appropriate authority.

How many Valaris (VAL) shares were involved in Matthew Lyne’s Form 4 filing?

The filing shows 1,449 Valaris common shares were disposed of through withholding. These shares were not sold on the open market but were withheld upon settlement or vesting of equity awards to satisfy Lyne’s tax withholding obligations arising from that event.

Was Matthew Lyne’s Valaris (VAL) transaction an open-market sale?

No, the transaction was not an open-market sale. The 1,449 Valaris common shares were withheld upon settlement or vesting of equity awards solely to cover tax withholding obligations, with the issuer paying the tax amount in cash to the taxing authority.

How many Valaris (VAL) shares does Matthew Lyne own after the reported transaction?

After the tax-related withholding transaction, Matthew Lyne directly owned 34,324 Valaris common shares. This post-transaction holding reflects his remaining direct ownership following the disposition of 1,449 shares that were withheld to satisfy associated tax withholding obligations.

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

In the Form 4, Matthew Lyne is identified as an officer of Valaris, serving as senior vice president and chief commercial officer. The reported transaction involves his equity compensation, where shares were withheld upon settlement or vesting to meet his tax withholding obligations.

How were the tax obligations handled in Matthew Lyne’s Valaris (VAL) share withholding?

The tax obligations were satisfied by withholding 1,449 Valaris common shares upon settlement or vesting of equity awards. According to the disclosure, the issuer will remit the corresponding tax amount in cash to the appropriate taxing authority on Lyne’s behalf.

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

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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^*

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)
03/03/2026

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	03/03/2026		F		1,449(1)	D	$90.63	34,324	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	03/05/2026
	** 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.