March 1, 2025 · Form 4 insider transaction
Vayda Robert Thaddeus bought 22,837 shares of Transocean Ltd. at $2.95 per share, a transaction worth $67.4K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 3 days after the transaction.
Restricted Units, which are 1-for-1 share equivalents, acquired on February 8, 2024, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2025, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 22,837 on March 1, 2026 and 22,837 on March 1, 2027.