Valaris CFO reports tax-withholding share disposition
Valaris Ltd senior vice president and CFO Christopher T. Weber reported a small share disposition related to tax withholding.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 1,193 | $90.63 | $108K |
Footnotes (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
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What insider transaction did Valaris (VAL) CFO Christopher Weber report?
Was the Valaris (VAL) CFO’s Form 4 transaction an open-market sale?
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