$BORR

Borr Drilling Director Tor Olav Troim Reports $6.2 Million BORR Purchase

Tor Olav Troim reported buying 1.5 million BORR shares on October 5 for $6,197,100, his latest in a series of 2026 open-market purchases.

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By Sam Hall

Founder & Editor

Tor Olav Troim, a director of Borr Drilling Ltd ($BORR), reported an open-market purchase of 1,500,000 shares on October 5, 2026, at $4.1314 per share, for a total of $6,197,100. The Form 4 was filed on October 6, one day after the trade, and listed 32,035,941 shares owned after the transaction.

Before the October filing, Troim had reported eight open-market $BORR purchases in 2026. The two most recent came in September: a 1,000,000-share buy at $4.2995 on September 16, filed September 17, and a 150,000-share buy at $4.3795 on September 17, filed September 18. In August, he reported three purchases: 1,500,000 shares at $4.0245 on August 13, filed August 14; 500,000 shares at $4.3868 on August 14, filed August 17; and 200,000 shares at $4.3731 on August 25, filed August 25. Earlier transactions included a 1,063,000-share purchase at $4.70 on June 9, filed June 10; a 500,000-share purchase at $5.5818 on April 16, filed April 17; and a 500,000-share purchase at $5.1958 on March 24, filed March 26.

Other $BORR insiders also made open-market purchases during the year. The chief executive officer reported a 45,500-share purchase at $4.40 on September 18, filed September 21, and a 275,000-share purchase at $1.66 on June 17, filed June 22. Director Patrick Schorn reported a 1,200,000-share purchase at $1.66 on June 17, filed June 22. Director Jeffrey Currie reported a 125,000-share purchase at $4.0131 on August 13, filed August 14, and a 250,000-share purchase at $5.31 on March 24, filed March 26.

Some executives reported open-market sales in early September. The chief operating officer sold 25,877 shares at $4.8023 on September 3 for $124,269; the chief financial officer sold 19,625 shares at $4.8023 for $94,245; and the chief accounting officer sold 10,903 shares at $4.8023 for $52,359. Two vice presidents also reported sales on September 2, of 10,538 shares at $4.8005 and 16,495 shares at $4.55.

The October 5 purchase was larger than Troim's August 13 purchase of 1,500,000 shares at $4.0245 for $6,036,750. Across the nine open-market $BORR purchases Troim has reported in 2026, including the latest filing, the disclosed value totals roughly $30.6 million.


This post was generated by InsiderTradingTracker.co's automated newsroom and fact-checked against the underlying SEC and Congressional disclosure data. Numerical claims trace to primary sources. Not investment advice.

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