Tor Olav Troim, a director at Borr Drilling Ltd ($BORR), reported an open-market purchase of 1,500,000 shares on Oct. 13, 2026, at $4.9344 per share, for a total value of $7,401,600. The Form 4 was filed on Oct. 14, one day after the transaction date. After the purchase, Troim reported holding 38,867,808 $BORR shares.
The Oct. 13 purchase was the fifth open-market $BORR buy Troim reported in the first two weeks of October. Earlier in the month, he disclosed these purchases:
- Oct. 9: 2,500,000 shares at $4.7374, total value $11,843,500
- Oct. 7: 1,250,000 shares at $4.3122, total value $5,390,250
- Oct. 6: 1,500,000 shares at $4.2428, total value $6,364,200
- Oct. 5: 1,500,000 shares at $4.1314, total value $6,197,100
Across those five October purchases, Troim reported buying 8,250,000 shares for $37,196,650. His reported position increased from 32,035,941 shares after the Oct. 5 transaction to 38,867,808 shares after the Oct. 13 transaction.
Troim also reported open-market $BORR purchases in September. On Sept. 17, he bought 150,000 shares at $4.3795 for $656,925, and on Sept. 16, he bought 1,000,000 shares at $4.2995 for $4,299,500. In August, he reported purchases of 1,500,000 shares on Aug. 13 at $4.0245, 500,000 shares on Aug. 14 at $4.3868, and 200,000 shares on Aug. 25 at $4.3731. Earlier in 2026, his filings included open-market purchases on March 24 (500,000 shares at $5.1958), April 16 (500,000 shares at $5.5818), and June 9 (1,063,000 shares at $4.70).
Other Borr Drilling insiders filed $BORR Form 4s in recent weeks. CEO Morand De Oliveira Bruno reported an open-market purchase of 45,500 shares on Sept. 18 at $4.40, for $200,200. On Sept. 2 and Sept. 3, several officers reported open-market sales. COO Harvey Edward Snowling sold 25,877 shares at $4.8023, CFO Magnus Vaaler sold 19,625 shares at $4.8023, and Chief Accounting Officer Jehan Mawjee sold 10,903 shares at $4.8023. VPs Jason Philip Crowe and Charles (Chuck) Lee sold 16,495 and 10,538 shares, respectively.
On June 9, director Thiago Mordehachvili reported an open-market sale of 8,000,000 $BORR shares at $4.70, for $37,600,000, while Troim reported an open-market purchase of 1,063,000 shares at the same price. Borr Drilling is an Energy sector company. The Oct. 13 filing from Troim was the most recent $BORR insider transaction recorded as of Oct. 14.