Marcel Wieggers - Feb 1, 2025 Form 4 Insider Report for Seadrill Ltd (SDRL)

Role
Senior VP, Operations
Signature
/s/ Todd D. Strickler, attorney-in-fact
Stock symbol
SDRL
Transactions as of
Feb 1, 2025
Transactions value $
-$6,778
Form type
4
Date filed
2/4/2025, 11:37 AM
Previous filing
Jan 2, 2025
Next filing
Apr 21, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDRL Common Shares Options Exercise +651 +104.49% 1.27K Feb 1, 2025 Direct F1
transaction SDRL Common Shares Tax liability -$6.78K -193 -15.15% $35.12 1.08K Feb 3, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SDRL Restricted Stock Units Options Exercise $0 -651 -50% $0.00 651 Feb 1, 2025 Common Shares 651 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common shares, par value $0.01 per share, of Seadrill Limited on a one-for-one basis.
F2 On February 1, 2023, the reporting person was granted 1,953 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.