Simon Johnson - 25 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
25 Apr 2025
Transactions value $
$0
Form type
4
Filing time
29 Apr 2025, 13:33:09 UTC
Previous filing
21 Apr 2025
Next filing
07 Aug 2025
SEC
View on sec.gov

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 Award $0 +91.8K $0.00 91.8K 25 Apr 2025 Common Shares 91.8K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted to the reporting person on April 25, 2025. Each restricted stock unit represents a contingent right to receive one common share, par value $0.01 per share (a "Common Share"), of Seadrill Limited (the "Company").
F2 The restricted stock units vest in three equal annual installments beginning on April 25, 2026 and will be settled in cash or Common Shares at the election of the Joint Nomination and Remuneration Committee of the Board of Directors of the Company.