Robert Thaddeus Vayda - 29 May 2025 Form 4 Insider Report for Transocean Ltd. (RIG)

Signature
/s/ Daniel Ro-Trock by Power of Attorney
Issuer symbol
RIG
Transactions as of
29 May 2025
Transactions value $
$33,831
Form type
4
Filing time
02 Jun 2025, 16:57:30 UTC
Previous filing
04 Mar 2025
Next filing
01 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Vayda Robert Thaddeus EVP, Chief Financial Officer 1414 ENCLAVE PARKWAY, HOUSTON /s/ Daniel Ro-Trock by Power of Attorney 02 Jun 2025 0002022236

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIG Registered Shares Options Exercise $56.2K +21.9K +8.68% $2.57 274K 29 May 2025 Direct F1
transaction RIG Registered Shares Tax liability -$22.4K -8.72K -3.18% $2.57 265K 30 May 2025 Direct F2
holding RIG Registered Shares 91 29 May 2025 By Child F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Units, which are 1-for-1 share equivalents, acquired on May 16,2024, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on May 29, 2025, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 21,880 on March 1, 2026; and 21,880 on March 1, 2027.
F2 Shares sold upon vesting to satisfy tax withholding obligations.
F3 The reporting person disclaims beneficial ownership of these shares, and this report should not be deemed an admission that the reporting person is the beneficial owner of these shares for the purposes of Section 16 or any other purpose.