Jason Pack - May 29, 2025 Form 4 Insider Report for Transocean Ltd. (RIG)

Role
SVP, Chief Accounting Officer
Signature
/s/ Daniel Ro-Trock by Power of Attorney
Stock symbol
RIG
Transactions as of
May 29, 2025
Transactions value $
$4,477
Form type
4
Date filed
6/2/2025, 04:58 PM
Previous filing
Mar 4, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Pack Jason SVP, Chief Accounting Officer 1414 ENCLAVE PARKWAY, HOUSTON /s/ Daniel Ro-Trock by Power of Attorney 2025-06-02 0002030852

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIG Registered Shares Options Exercise $7.46K +2.9K +1.44% $2.57 204K May 29, 2025 Direct F1
transaction RIG Registered Shares Tax liability -$2.98K -1.16K -0.57% $2.57 203K May 30, 2025 Direct F2
* 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: 2,901 on March 1, 2026; and 2,901 on March 1, 2027.
F2 Shares sold upon vesting to satisfy tax withholding obligations.