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Valaris (VAL) CFO Weber reports tax-withholding disposition of common shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Valaris Ltd senior vice president and CFO Christopher T. Weber reported a small share disposition related to tax withholding. On settlement or vesting of awards, 1,193 common shares were withheld at a price of $90.63 per share to cover tax obligations, which the issuer will pay in cash to the tax authorities. After this tax-withholding disposition, Weber directly holds 62,934 common shares.

Positive

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Negative

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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*
Weber Christopher T

(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 - CFO
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 1,193(1) D $90.63 62,934 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.

FAQ

What insider transaction did Valaris (VAL) CFO Christopher Weber report?

Christopher T. Weber reported a tax-withholding disposition of 1,193 Valaris common shares. The shares were withheld upon settlement or vesting of awards to satisfy tax obligations, rather than sold in an open-market transaction.

Was the Valaris (VAL) CFO’s Form 4 transaction an open-market sale?

No, the transaction was a tax-withholding disposition coded “F,” not an open-market sale. Shares were withheld upon settlement or vesting so the issuer can pay the resulting tax liability in cash to the taxing authority.

How many Valaris (VAL) shares were withheld for the CFO’s taxes and at what price?

A total of 1,193 common shares of Valaris were withheld for tax purposes at a reported price of $90.63 per share. These shares covered tax obligations from the settlement or vesting of equity awards.

How many Valaris (VAL) shares does CFO Christopher Weber hold after this transaction?

Following the tax-withholding disposition, Christopher T. Weber directly holds 62,934 Valaris common shares. This figure reflects his ownership after 1,193 shares were withheld to satisfy tax obligations tied to equity award settlement or vesting.

Who pays the taxes related to the Valaris (VAL) CFO’s withheld shares?

The issuer pays the taxes in cash to the appropriate taxing authority. The withheld 1,193 shares cover the CFO’s tax withholding obligations arising from settlement or vesting of awards, and the company remits the cash amount owed.
Valaris Limited

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