Borr Drilling Director Troim Buys One Million Shares in the Open Market. What Does This Mean for The Stock?

Key Points The purchase of ~1.0 million shares at $4.30 per share represents a total transaction value of ~$4.3 million. The transaction involved shares equal to 3% of the total equity stake held by the insider before the filing. This transaction increases the insider's total beneficial ownership to ~30.5 million shares, representing a 10.0% ownership stake in the firm. 10 stocks we like better than Borr Drilling › Tor Olav Troim, a Director of Borr Drilling Limited (NYSE:BORR) , completed an indirect purchase of 1,000,000 shares of common stock on Sept. 16, 2026, according to a recent SEC Form 4 filing . Transaction summary Transaction value based on SEC Form 4 weighted average purchase price ($4.30); post-transaction value based on Sept.