Valaris (NYSE: VAL) SVP receives 3,270 restricted share units grant

Rhea-AI Filing Summary

Vukadin Davor reported acquisition or exercise transactions in this Form 4 filing.

Valaris Ltd senior vice president and general counsel Davor Vukadin received a one-time equity award of 3,270 common-share-based restricted share units at no cash cost. These units will vest in three equal installments on each of the first three anniversaries of the grant date. After this grant, Vukadin holds 20,685 common shares in total, reflecting both existing holdings and this new award.

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

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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^*

Vukadin Davor

(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 & General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		A		3,270(1)	A	$0	20,685	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. Consists of a one-time grant of 3,270 restricted share units, which will vest in three equal installments on each of the first three anniversaries of the date of grant.

Remarks:

	/s/ Andrew Campbell, by power-of-attorney	03/04/2026
	** 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).
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FAQ

What insider transaction did Valaris (VAL) report for Davor Vukadin?

Valaris reported that SVP and general counsel Davor Vukadin received a one-time grant of 3,270 restricted share units. The award was made at no cash cost and is tied to the company’s common shares, increasing his total holdings to 20,685 shares.

Was the Valaris insider transaction a stock purchase or a grant?

The Valaris insider transaction was a grant, not an open-market stock purchase. Davor Vukadin received 3,270 restricted share units as an equity award, with no price per share paid, reflecting compensation rather than a discretionary share buy in the market.

How many Valaris shares does Davor Vukadin hold after this award?

After the restricted share unit grant, Davor Vukadin holds 20,685 common shares of Valaris. This total includes his prior holdings plus the 3,270 units awarded, which are structured to vest over a three-year period from the grant date.

What is the vesting schedule for the 3,270 Valaris restricted share units?

The 3,270 restricted share units granted to Davor Vukadin vest in three equal installments. One-third vests on each of the first three anniversaries of the grant date, creating a long-term incentive that aligns his compensation with Valaris’s future performance.

Does the Valaris insider grant involve any cash transaction?

The grant does not involve any cash transaction by Davor Vukadin. The 3,270 restricted share units were awarded at a reported price of $0.0000 per share, indicating they are compensation-based rather than shares purchased in the open market.