Form 4: Seadrill Executive VP & CFO, Grant Creed, Reports Stock Transactions

Grant Creed, Executive VP & CFO of Seadrill Ltd, reports the vesting and disposal of restricted stock units and common shares on April 17, 2025.

Summary

• On April 17, 2025, Grant Creed, the Executive VP & CFO of Seadrill Ltd, reported transactions involving Seadrill's common shares.
• Creed exercised 6,019 restricted stock units (RSUs) which converted into 6,019 common shares.
• He then disposed of 14,375 common shares.
• Additionally, 1,466 shares were disposed of at a price of $20.88.
• Following these transactions, Creed directly owns 12,909 common shares and 12,040 restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CFO, trade their company's stock. It provides transparency to investors about the transactions of key personnel.

Stakeholder Impact

• Shareholders are informed about the stock transactions of a key executive, providing transparency into insider activity.

Key Dates

Keywords

Seadrill, Grant Creed, SDRL, Executive VP & CFO, Form 4, Stock transaction, Restricted Stock Units, Common Shares, Beneficial Ownership