Simon Johnson - 17 Apr 2025 Form 4 Insider Report for Seadrill Ltd (SDRL)

Role
President & CEO
Signature
/s/ Todd D. Strickler, attorney-in-fact
Issuer symbol
SDRL
Transactions as of
17 Apr 2025
Transactions value $
-$125,113
Form type
4
Filing time
21 Apr 2025, 11:52:51 UTC
Previous filing
02 Jan 2025
Next filing
29 Apr 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 +15,049 +56.56% 41,656 17 Apr 2025 Direct F1
transaction SDRL Common shares Tax liability -$125,112 -5,992 -14.38% $20.88 35,664 17 Apr 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 +15,049 +100% $0 30,098 17 Apr 2025 Common Shares 15,049 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 April 17, 2024, the reporting person was granted 45,147 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date