Tor Olav Troim, a director of Borr Drilling Ltd ($BORR), reported an open-market purchase of 750,000 shares at $4.7234 per share on October 14, 2026. The transaction totaled $3,542,550 and lifted his reported holdings to 39,617,808 shares. A Form 4 filed with the SEC on October 15 covered the trade.
The purchase extended a busy October for Troim. He reported six open-market buys that month totaling 9,000,000 shares for about $40.7 million. His reported position rose from 32,035,941 shares after the October 5 trade to 39,617,808 shares after the October 14 trade. The five earlier October purchases were 1,500,000 shares at $4.9344 ($7,401,600) on October 13; 2,500,000 shares at $4.7374 ($11,843,500) on October 9; 1,250,000 shares at $4.3122 ($5,390,250) on October 7; 1,500,000 shares at $4.2428 ($6,364,200) on October 6; and 1,500,000 shares at $4.1314 ($6,197,100) on October 5. The $4.7234 per-share price on October 14 was below the $4.9344 reported for the October 13 purchase.
Between August 13 and October 14, Troim reported 11 open-market purchases of $BORR, adding 12,350,000 shares for roughly $54.8 million. His reported position rose from 28,685,941 shares after the August 13 trade to 39,617,808 shares after the October 14 trade. The five earlier trades included 1,500,000 shares at $4.0245 ($6,036,750) on August 13; 500,000 shares at $4.3868 ($2,193,400) on August 14; 200,000 shares at $4.3731 ($874,620) on August 25; 1,000,000 shares at $4.2995 ($4,299,500) on September 16; and 150,000 shares at $4.3795 ($656,925) on September 17.
Other insiders bought shares as well. CEO Bruno Morand De Oliveira reported a 45,500-share open-market purchase at $4.40 ($200,200) on September 18, leaving him with 1,015,328 shares, and a 275,000-share buy at $1.66 ($456,500) on June 17. Director Patrick Schorn reported a 1,200,000-share purchase at $1.66 ($1,992,000) on June 17. Director Jeffrey Currie reported a 125,000-share purchase at $4.0131 ($501,637.50) on August 13.
Some insiders sold during the same period. On September 3, COO Harvey Edward Snowling reported a sale of 25,877 shares at $4.8023, CFO Magnus Vaaler reported a sale of 19,625 shares at $4.8023, and chief accounting officer Jehan Mawjee reported a sale of 10,903 shares at $4.8023. On June 9, director Thiago Mordehachvili reported a sale of 8,000,000 shares at $4.70 ($37,600,000), leaving him with 38,199,677 shares.
Borr Drilling Ltd is an energy-sector company with a market capitalization of about $1.42 billion. The most recent $BORR daily close on record was $4.15 on October 5. No congressional STOCK Act disclosures for $BORR appeared in the database. Troim's Form 4 covering the October 14 purchase was filed one day after the transaction date.