Borr Drilling Insider Troim Files Form 4 on Ownership Changes

TL;DR

**Insider Tor Olav Troim filed a Form 4 for Borr Drilling, signaling potential ownership changes.**

AI Summary

This Form 4 filing indicates that Tor Olav Troim, a significant figure associated with Borr Drilling Ltd, has filed a statement of changes in beneficial ownership of securities. While the filing itself doesn't detail specific transactions, it signals that Mr. Troim's holdings or control over Borr Drilling shares may have changed as of March 24, 2026. This matters to investors because changes in ownership by key insiders like Mr. Troim can signal their confidence (or lack thereof) in the company's future prospects, potentially influencing stock price.

Why It Matters

Changes in insider ownership can signal confidence or concern about a company's future, directly impacting investor sentiment and stock valuation.

Risk Assessment

Risk Level: medium — The filing itself doesn't detail transactions, so the actual impact on risk depends on the nature of the undisclosed ownership changes.

Analyst Insight

Investors should await the full Form 4 document to understand the nature and size of Tor Olav Troim's transactions before making investment decisions.

Key Players & Entities

• Tor Olav Troim (person) — Reporting Person, CIK: 0001709630
• Borr Drilling Ltd (company) — Issuer, CIK: 0001715497
• Magni Partners Limited (company) — Associated with Troim's mailing address

Forward-Looking Statements

• Further details regarding Tor Olav Troim's specific transactions will be disclosed in the full Form 4 document. (Tor Olav Troim) — high confidence, target: 2026-03-26

FAQ

Filing Documents

• wk-form4_1774527837.html (4)
• wk-form4_1774527837.xml (4) — 4KB
• 0001628280-26-021237.txt ( ) — 6KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Troim Tor Olav (Last) (First) (Middle) C/O BORR DRILLING LIMITED 2ND FLOOR 9 PAR-LA-VILLE ROAD (Street) HAMILTON D0 HM11 (City) (State) (Zip) BERMUDA (Country) 2. Issuer Name and Ticker or Trading Symbol Borr Drilling Ltd [ BORR ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below) 2a. Foreign Trading Symbol [ BORR ] 3. Date of Earliest Transaction (Month/Day/Year) 03/24/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Shares 03/24/2026 03/24/2026 P 500,000 A $ 5.1958 25,622,941 I By Drew Holding Ltd. (1) Common Shares 81,867 (2) D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: 1. Drew Holding Ltd. is wholly owned by Drew Trust, a non-discretionary trust in which the reporting person is the beneficiary. 2. Includes 54,545 restricted stock units (RSUs) that vest in full on September 30, 2026 conditional upon continuing to serve as a Director of the Issuer at the date of vesting. Each RSU represents a contingent right to receive one common share. Remarks: /s/ Temi Bankole as attorney-in-fact 03/26/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)

View Full Filing

View this 4 filing on SEC EDGAR