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BORRBorr Drilling Ltd · Insider ownership research

Borr Drilling Ltd insiders sold $38.0M in the past 12 months. How much of their stake is that?

Insiders sold $38.0M in the past 12 months.0% was sold under disclosed trading plans, 1% to cover taxes, 99% with no plan disclosed. The largest seller, Thiago Mordehachvili (Director), sold $37.6M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 13, 2026 from SEC filings · covers Oct 14, 2025 to Oct 13, 2026
4
buyers among officers and directors (16 trades), past 12 months
0%
of sales were under disclosed trading plans, past 12 months
6 of 13
officers and directors sold shares, past 12 months
Latest filing: Filed Oct 8 for a purchase on Oct 7. Tor Troim bought 1.25M shares ($5.4M). Filing
SEC ownership filings: 61 filed in the 12 months to Oct 13, 2026; 61 on record since Mar 17, 2026 · See the evidence

What stands out

Four insiders bought shares: Tor Troim (9.66M shares, $42.4M), Patrick Schorn (1.20M shares, $2.0M) and Jeffrey Currie (375K shares, $1.8M), plus 1 more. These are the first purchases by current officers or directors in the filings on record.Tor Troim: purchase, Oct 6, 2026 · Patrick Schorn: purchase, Jun 17, 2026 · Jeffrey Currie: purchase, Mar 24, 2026
Thiago Mordehachvili sold $37.6M of stock with no disclosed trading plan. The filings don't state a reason.Largest such sale, Jun 9, 2026

A share of stake is shown for 0 of the 6 officers and directors who sold. 13 are left out

i
Left out: Thiago Mordehachvili, Tor Troim, Patrick Schorn, Alexandra Blankenship, Neil Glass, De Morand, Magnus Vaaler, Jeffrey Currie, Daniel Rabun, Jehan Mawjee, Jason Crowe, Harvey Snowling and Charles Lee (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Thiago Mordehachvili
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$37.6MNo plan disclosed
Harvey Snowling
Chief Operating Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$124KTo cover taxes
Magnus Vaaler
Chief Financial Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$94KTo cover taxes
Jason Crowe
SVP - Commercial
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$75KTo cover taxes
Jehan Mawjee
Chief Accounting Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$52KTo cover taxes
All 6 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

To cover taxesNo plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNovDecJanFebMarAprMayJun 2026: $37.6M no plan disclosed$37.6MJunJulAugSep 2026: $397K to cover taxesSepOct

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026
Oct 7, 2026Tor Troim bought 1.25M shares ($5.4M).
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Tor Troim
Director
1,250,000$4.31n/an/aOct 7, 2026Oct 8, 2026
Oct 6, 2026Tor Troim bought 1.50M shares ($6.4M).
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Tor Troim
Director
1,500,000$4.24n/an/aOct 6, 2026Oct 7, 2026
Oct 5, 2026Tor Troim bought 1.50M shares ($6.2M).
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Tor Troim
Director
1,500,000$4.13n/an/aOct 5, 2026Oct 6, 2026
Sep 18, 2026De Morand bought 46K shares ($200K).
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
De Morand
Chief Executive Officer
45,500$4.40n/an/aSep 18, 2026Sep 21, 2026
Sep 17, 2026Tor Troim bought 150K shares ($657K).
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Tor Troim
Director
150,000$4.38n/an/aSep 17, 2026Sep 18, 2026
Show all 6 events
Sep 16, 2026Tor Troim bought 1.00M shares ($4.3M).
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Tor Troim
Director
1,000,000$4.30n/an/aSep 16, 2026Sep 17, 2026

"% of total stake" is the shares in an event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings are not confirmed, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Common questions

Is the Borr Drilling Ltd CEO selling stock?

No. De Morand reported no open-market sales in the past 12 months.

Why are Borr Drilling Ltd insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings, 1% were to cover taxes and 99% had no disclosed plan. A trading plan schedules sales in advance.

Are any Borr Drilling Ltd insiders buying?

Yes. 4 officers or directors reported 16 purchases in the past 12 months (Form 4 code P; rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust are not counted).

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Thiago Mordehachvili
Director
$37.6M
8.00M shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Harvey Snowling
Chief Operating Officer
$124K
26K shares
Not confirmed
share of stake is being verified. Why
To cover taxes
Magnus Vaaler
Chief Financial Officer
$94K
20K shares
Not confirmed
share of stake is being verified. Why
To cover taxes
Jason Crowe
SVP - Commercial
$75K
16K shares
Not confirmed
share of stake is being verified. Why
To cover taxes
Jehan Mawjee
Chief Accounting Officer
$52K
11K shares
Not confirmed
share of stake is being verified. Why
To cover taxes
Charles Lee
SVP - General Counsel
$51K
11K shares
Not confirmed
share of stake is being verified. Why
To cover taxes
The full ownership picture0 of 13 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 13, 2025SoldHeld Oct 13, 2026Still held
Thiago Mordehachvili
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Thiago Mordehachvili are complete.
Director
n/a−8.00Mn/an/a
Vesting, gifts, unvested awards and holding lines for Thiago Mordehachvili

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Thiago Mordehachvili are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Tor Troim
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Tor Troim are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Tor Troim

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Tor Troim are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Patrick Schorn
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Patrick Schorn are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Patrick Schorn

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Patrick Schorn are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
333,334$3.66Sep 1, 2027$217K
333,333$4.41Sep 1, 2027$0
333,333$5.16Sep 1, 2027$0
400,000$1.66Aug 12, 2026$1.1M
400,000$1.66Aug 12, 2026$1.1M
400,000$1.66Aug 12, 2026$1.1M
400,000$1.66Aug 12, 2026$1.1M

Estimate: options held × ($4.31 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Alexandra Blankenship
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Alexandra Blankenship are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Alexandra Blankenship

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Alexandra Blankenship are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Neil Glass
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Neil Glass are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Neil Glass

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Neil Glass are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
De Morand
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for De Morand are complete.
Chief Executive Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for De Morand

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for De Morand are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
75,000$6.54Aug 15, 2029$0
91,667$1.66Aug 12, 2026$243K
91,666$1.66Aug 12, 2026$243K
66,667$3.66Sep 1, 2027$43K
66,666$5.16Sep 1, 2027$0
66,667$4.41Sep 1, 2027$0
100,000$6.31Nov 17, 2028$0
91,667$1.66Aug 12, 2026$243K
91,667$1.66Aug 12, 2026$243K
91,666$1.66Aug 12, 2026$243K

Estimate: options held × ($4.31 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Magnus Vaaler
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Magnus Vaaler are complete.
Chief Financial Officer
n/a−20Kn/an/a
Vesting, gifts, unvested awards and holding lines for Magnus Vaaler

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Magnus Vaaler are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
75,000$6.54Aug 15, 2029$0
100,000$6.31Nov 17, 2028$0
133,334$3.66Sep 1, 2027$87K
133,333$4.41Sep 1, 2027$0
133,333$5.16Sep 1, 2027$0
183,334$1.66Aug 12, 2026$486K
183,333$1.66Aug 12, 2026$486K

Estimate: options held × ($4.31 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Jeffrey Currie
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jeffrey Currie are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Jeffrey Currie

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jeffrey Currie are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Daniel Rabun
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Daniel Rabun are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Daniel Rabun

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Daniel Rabun are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Jehan Mawjee
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Jehan Mawjee are complete.
Chief Accounting Officer
n/a−11Kn/an/a
Vesting, gifts, unvested awards and holding lines for Jehan Mawjee

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jehan Mawjee are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
41,667$6.31Nov 17, 2028$0
41,666$6.31Nov 17, 2028$0
41,666$6.54Aug 15, 2029$0
41,667$6.54Aug 15, 2029$0
43,334$3.66Sep 1, 2027$28K
43,333$4.41Sep 1, 2027$0
43,333$5.16Sep 1, 2027$0
33,334$1.66Aug 12, 2026$88K
66,666$1.66Aug 12, 2026$177K

Estimate: options held × ($4.31 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Jason Crowe
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Jason Crowe are complete.
SVP - Commercial
n/a−16Kn/an/a
Vesting, gifts, unvested awards and holding lines for Jason Crowe

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jason Crowe are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
41,667$6.31Nov 17, 2028$0
41,666$6.31Nov 17, 2028$0
33,333$6.54Aug 15, 2029$0
33,334$6.54Aug 15, 2029$0

Estimate: options held × ($4.31 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Harvey Snowling
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Harvey Snowling are complete.
Chief Operating Officer
n/a−26Kn/an/a
Vesting, gifts, unvested awards and holding lines for Harvey Snowling

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Harvey Snowling are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
75,000$6.54Aug 15, 2029$0
100,000$6.31Nov 17, 2028$0
120,000$3.66Sep 1, 2027$78K
120,000$4.41Sep 1, 2027$0
120,000$5.16Sep 1, 2027$0
150,000$1.66Aug 12, 2026$398K

Estimate: options held × ($4.31 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Charles Lee
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Charles Lee are complete.
SVP - General Counsel
n/a−11Kn/an/a
Vesting, gifts, unvested awards and holding lines for Charles Lee

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Charles Lee are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for Borr Drilling Ltd are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$38.0M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $38.0M across 8,083,438 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $37.6M

Sales with no 10b5-1 plan and no tax reference in the filing. $37.6M of it is Thiago Mordehachvili. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Thiago Mordehachvili, Jun 9, 2026

Taxes

$397K of sales (1.0%) cite tax obligations in their footnotes. Example: Harvey Snowling, Sep 3, 2026

Purchases · 4 buyers (16 trades)

4 officers and directors bought shares in this period, in 16 trades(Form 4 code P, leaving out rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust). Across all their filings on record there are 16 purchase trades.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Thiago Mordehachvili
Director
8.00M$37.6M0%99%Jun 9, 2026 to Jun 9, 2026
Harvey Snowling
Chief Operating Officer
26K$124K0%0.3%Sep 3, 2026 to Sep 3, 2026
Magnus Vaaler
Chief Financial Officer
20K$94K0%0.2%Sep 3, 2026 to Sep 3, 2026
Jason Crowe
SVP - Commercial
16K$75K0%0.2%Sep 2, 2026 to Sep 2, 2026
Jehan Mawjee
Chief Accounting Officer
11K$52K0%0.1%Sep 3, 2026 to Sep 3, 2026
Charles Lee
SVP - General Counsel
11K$51K0%0.1%Sep 2, 2026 to Sep 2, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$0$0$0$0
Jun 2026$37.6M$0$0$37.6M
Jul 2026$0$0$0$0
Aug 2026$0$0$0$0
Sep 2026$397K$0$397K$0
Oct 2026$0$0$0$0
Known gaps and uncertainty13 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Borr Drilling Ltd are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology61 filings on record, 61 filed in the 12-month period, and how we read them

All 61 Forms 3, 4 and 5 on record for Borr Drilling Ltd (SEC CIK 1715497), filed from Mar 17, 2026 to Oct 8, 2026; 61 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (1)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Mi YoonNo balance on record

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.