Borr Drilling Ltd Chief Executive Officer Bruno Morand De Oliveira filed a Form 4 on September 21, 2026, disclosing a purchase of 45,500 common shares on September 18, 2026.

Key Highlights

  • Open-market purchase: CEO Bruno Morand De Oliveira acquired 45,500 common shares on September 18, 2026, at a price of $4.40 per share, according to the filing.
  • Direct ownership following transaction: The reporting person directly holds 1,015,328 common shares following the reported purchase, per the filing.
  • Additional indirect holding: A separate direct position of 475,000 shares is also reported, consisting entirely of unvested restricted stock units vesting on September 1, 2027, September 1, 2028, and September 1, 2029.
  • RSU details in direct position: The 1,015,328 share figure includes three tranches of 183,276 RSUs each, vesting September 1, 2026, September 1, 2027, and September 1, 2028, conditional on continuous employment.
  • Employee stock options: The filing lists nine tranches of employee stock options with exercise prices ranging from $3.66 to $6.54 per share, with expiration dates between September 1, 2027, and August 15, 2029.
  • Transaction code: The acquisition is coded "P" (open-market or private purchase) and is marked "V," indicating the transaction was made pursuant to a contract, instruction, or written plan.

Borr Drilling CEO's Share Purchase and Beneficial Ownership Details

According to the Form 4 filed with the SEC, Bruno Morand De Oliveira, identified as Chief Executive Officer of Borr Drilling Ltd (NYSE:BORR), purchased 45,500 common shares on September 18, 2026, at $4.40 per share. The transaction is coded "P" and marked "V," indicating it was executed pursuant to a contract, instruction, or written plan. Following this transaction, the filing reports direct beneficial ownership of 1,015,328 common shares.

The filing notes that the 1,015,328 figure includes, among other items, three tranches of 183,276 restricted stock units each, vesting in full on September 1, 2026, September 1, 2027, and September 1, 2028, respectively, each conditional upon continuous employment with the issuer at the date of vesting, along with the full exercise of 2021 Plan Options. A separate directly held position of 475,000 shares is also disclosed, representing RSUs of 158,334, 158,332, and 158,334 shares vesting September 1, 2027, September 1, 2028, and September 1, 2029, respectively, each also conditional on continuous employment.

In Table II, the filing lists nine tranches of employee stock options to purchase common shares, with exercise prices of $3.66, $4.41, $5.16, $6.54 (three tranches), and $6.31 (three tranches). These options carry expiration dates of September 1, 2027, August 15, 2029, and November 17, 2028, depending on the grant. No derivative securities were acquired or disposed of in this filing. The form was signed by Temi Bankole as attorney-in-fact on September 21, 2026.

What Was Disclosed

The filing reports a purchase of 45,500 common shares by Borr Drilling's CEO at $4.40 per share on September 18, 2026, resulting in direct beneficial ownership of 1,015,328 shares, plus a separate 475,000-share position consisting of unvested RSUs.