Director Tor Olav Troim purchased 1,063,000 BORR shares at $4.70; stock down 31.5% from 52-week high.
Tor Olav Troim purchased 1,063,000 shares at $4.70 on 2026-06-09, increasing his holdings by 4.1% to 27,185,941 shares, representing a $4,996,100.00 investment in Borr Drilling. The purchase occurred against a backdrop of significant price weakness: the stock trades at $4.56, down 31.5% from its 52-week high of $6.66 and down 22.0% over the preceding 30 days. His prior two transactions at this ticker both showed negative 90-day returns (12.2% gain over 30 days followed by -18.3% over 90 days in April 2026; 7.2% gain over 30 days followed by -12.2% over 90 days in March 2026), with zero of these prior buys achieving positive 90-day outcomes. This purchase adds to a pattern of accumulation in a declining stock without evidence of successful timing on prior similar acquisitions.