Grant R. Creed - Apr 17, 2025 Form 4 Insider Report for Seadrill Ltd (SDRL)

Role
Executive VP & CFO
Signature
/s/ Todd D. Strickler, attorney-in-fact
Stock symbol
SDRL
Transactions as of
Apr 17, 2025
Transactions value $
-$30,610
Form type
4
Date filed
4/21/2025, 11:56 AM
Previous filing
Jan 2, 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 +6.02K +72.03% 14.4K Apr 17, 2025 Direct F1
transaction SDRL Common Shares Tax liability -$30.6K -1.47K -10.2% $20.88 12.9K Apr 17, 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 -6.02K -33.33% $0.00 12K Apr 17, 2025 Common Shares 6.02K 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 18,059 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.