March 1, 2026 · Form 4 insider transaction
THIGPEN JEREMY D bought 245,640 shares of Transocean Ltd. at $6.25 per share, a transaction worth $1.54M. 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 8, 2024, 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 remaining restricted share units vest as follows: 245,640 on March 1, 2027.