March 1, 2026 · Form 4 insider transaction
THIGPEN JEREMY D bought 193,518 shares of Transocean Ltd. at $6.25 per share, a transaction worth $1.21M. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Restricted Units, which are 1-for-1 share equivalents, acquired on February 9, 2023, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares.; The amount of securities beneficially owned following the reported transaction reflects a prior transfer of shares to the reporting person's former spouse pursuant to a domestic relations order.