Jason Pack - 01 Mar 2026 Form 4 Insider Report for Transocean Ltd. (RIG)

Signature
/s/ Debra Kupferman by Power of Attorney
Issuer symbol
RIG
Transactions as of
01 Mar 2026
Net transactions value
+$263,679
Form type
4
Filing time
03 Mar 2026, 21:32:38 UTC
Previous filing
09 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Pack Jason SVP, Chief Accounting Officer 1414 ENCLAVE PARKWAY, HOUSTON /s/ Debra Kupferman by Power of Attorney 03 Mar 2026 0002030852

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIG Registered Shares Options Exercise $94,588 +15,134 +6.9% $6.25 235,630 01 Mar 2026 Direct F1
transaction RIG Registered Shares Options Exercise $120,062 +19,210 +8.2% $6.25 254,840 01 Mar 2026 Direct F2
transaction RIG Registered Shares Options Exercise $18,131 +2,901 +1.1% $6.25 257,741 01 Mar 2026 Direct F3
transaction RIG Registered Shares Options Exercise $202,025 +32,324 +13% $6.25 290,065 01 Mar 2026 Direct F4
transaction RIG Registered Shares Tax liability $171,127 -27,962 -9.6% $6.12 262,103 03 Mar 2026 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Units, which are 1-for-1 share equivalents, acquired on February 9, 2023, pursuant to the Issuer's long-term incentive plan. One third of such restricted share units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares.
F2 Restricted Units, which are 1-for-1 share equivalents, acquired on February 8, 2024, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 19,210 on March 1, 2027.
F3 Restricted Units, which are 1-for-1 share equivalents, acquired on May 16, 2024, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 2,901 on March 1, 2027
F4 Restricted Units, which are 1-for-1 share equivalents, acquired on February 13, 2025, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2026, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 32,324 on March 1, 2027 and 32,324 on March 1, 2028.
F5 Shares sold upon vesting to satisfy tax withholding obligations.