Mackenzie Roderick James bought RIG
March 1, 2025 · Form 4 insider transaction
Mackenzie Roderick James bought 50,663 shares of Transocean Ltd. at $2.95 per share, a transaction worth $149.5K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 3 days after the transaction.
Direction
Acquired (buy-side)
Shares
50,663
Price
$2.95
Total value
$149.5K
InsiderMackenzie Roderick James
RoleOfficer
CompanyTransocean Ltd. (RIG)
SecurityRegistered Shares
Transaction codeM: Option exercise
Transaction dateMarch 1, 2025
Filing dateMarch 4, 2025
Shares owned after468,204
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
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: 50,663 on March 1, 2026 and 50,664 on March 1, 2027.