Form 4: Seadrill Director Cahuzac Acquires Shares Through Restricted Stock Unit Conversion

Director Jean Cahuzac acquired 2,409 common shares of Seadrill Ltd. through the conversion of restricted stock units on April 17, 2025.

Summary

• On April 17, 2025, Jean Cahuzac, a director of Seadrill Ltd, acquired 2,409 common shares.
• This acquisition resulted from the conversion of restricted stock units (RSUs).
• The RSUs converted on a one-for-one basis into common shares of Seadrill Limited, par value $0.01 per share.
• The reporting person was granted 2,409 restricted stock units on April 17, 2024, all of which vested on the first anniversary of the grant date.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard transaction related to executive compensation. The director's acquisition of shares could be seen as a slightly positive signal, but it's not a major event.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals director confidence.

Key Dates

Keywords

Seadrill, Director, Jean Cahuzac, Share Acquisition, Restricted Stock Units, RSU Conversion, Form 4, Beneficial Ownership