December 3, 2025 · Form 4 insider transaction
TRANSOCEAN INTERNATIONAL Ltd sold 2,021,920 shares of KITT at $1.02 per share, a transaction worth $2.06M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
The amount of securities beneficially owned following the reported transaction includes 6,421 shares of the Issuer's common stock that the reporting person has the right to receive if, on or before September 9, 2027, the shares of the Issuer's common stock meet or exceed certain target prices as set forth in the Merger Agreement described in the reporting person's Form 3 filed on September 23, 2022.