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RIG Transocean Ltd. Insider Trading

Latest: Director Bought $173K of Shares · Jul 2026

Multiple insiders have been active at Transocean Ltd. (RIG): 7 distinct insiders account for 14 buy filings and 3 sell filings as of Jul 2026. Its highest-significance filing in the last 90 days: Director Chad C Deaton bought $173K, transaction dated Jul 2026.

17 filings analyzed · Latest 2026-07-07

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Buys
14
Sells
3
Insiders
7
Direction
Net buying

Transocean Ltd. leadership

CEO
Keelan Adamson — Chief Executive Officer
CFO
Robert Thaddeus Vayda — Chief Financial Officer
Chair
Jeremy D. Thigpen — Executive Chair
High conviction

This is a high-conviction signal — the insider is a first-time or occasional buyer, historically the strongest subset. Such buys have outperformed the S&P 500 by a median ~3% over the 30 days after the trade (n ≈ 3,001, 2024-2026). Past results don't predict the future. How we measure this ↗

July 2026
2026-07-07
high
35,000 shares
$173,250
@ $4.95
Significance 6

Director Chad C Deaton buys 35.0K RIG shares at $4.95; holdings rise to 237.4K shares (+17.3%)

Chad C Deaton purchased 35,000 shares at $4.95, increasing his holdings by 17.3% to 237,421 shares. The purchase occurred when RIG was trading -34.5% from its 52-week high of $7.66 and down -25.1% over 90 days, with current price at $5.02. The company reported latest quarterly revenue of $1,081,000,000.00 and latest quarterly net income of $71,000,000.00, though it was unprofitable over its most recent full fiscal year. The discretionary purchase at a depressed price relative to recent highs represents a material 17.3% increase in the director's stake during a period of elevated price volatility.

May 2026
2026-05-22
medium
EVP & Chief Legal Officer
81,741 shares
$608,970
@ $7.45
Significance 5

EVP & Chief Legal Officer Brady K Long sold 81,741 shares of RIG at $7.45 on 2026-05-21 for $608,970.45; stock now $6.81.

Brady K Long, EVP & Chief Legal Officer, sold 81,741 shares at $7.45, reducing his holdings by 6.8% from 1,207,179 to 1,125,438 shares. The sale occurred when the stock was trading 11.1% below its 52-week high of $7.66, and the stock has since declined to $6.81, meaning the sale was well-timed relative to subsequent price action. Long's cross-ticker track record shows a 0.00% well-timed rate on his 2 prior open-market sales (with average 90-day returns of +26.3%), while his prior two sales at RIG specifically (2026-01-27 and 2026-01-26) also produced positive post-sale returns of +30.4% and +22.2% respectively—neither well-timed by the metric of selling before a decline. The company reported latest-quarter revenue of $1,081,000,000, annual revenue growth of +12.5%, and net income of $71,000,000, though it was unprofitable over its most recent full fiscal year, which represents a fundamental disconnect between near-term operational results and full-year losses that may warrant attention to trend sustainability.

January 2026
2026-01-28 10b5-1 Plan
low
EVP & Chief Legal Officer
115,378 shares
$576,890
@ $5.00
Significance 2

EVP & Chief Legal Officer Brady K sells 115,378 shares of RIG for $576,890 under pre-arranged 10b5-1 plan adopted 2025-03-11

Brady K, EVP & Chief Legal Officer at Transocean, executed 2 separate sales totaling 115,378 shares for $576,890.00 across January 26–27, 2026, at a blended average price of $5.00 per share. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-03-11, meaning the sales were scheduled in advance rather than discretionary. Post-transaction holdings of 1,046,031 shares represent a 9.9% reduction from the 1,161,409 shares held pre-transaction. As a Rule 10b5-1 trade, the timing and execution follow a predetermined schedule independent of market conditions or company developments.

December 2025
2025-12-01
high
Executive Chair
500,000 shares
$2,160,000
@ $4.32
Significance 6

Executive Chair Jeremy Thigpen sells 500,000 RIG shares (19.0% of holdings) for $2.2M as company posts $-1.9B net loss despite 24.4% revenue growth

Jeremy Thigpen, Executive Chair of Transocean Ltd., sold 500,000 shares (500.0K shares) at $4.32 on 2025-11-26 for a total of $2,160,000.00 ($2.2M), reducing his holdings from 2,636,223 to 2,136,223 shares (a -19.0% reduction in his pre-transaction holdings). The sale occurs in a context of stark operational divergence: while Transocean reported annual revenue growth of +24.4% (latest quarter revenue at $1,028,000,000.00 ($1.0B)), the company posted a full-year net income of $-1,923,000,000.00 ($-1.9B), indicating severe profitability headwinds despite topline expansion. The current stock price of $4.35 is -1.4% from the 52-week high of $4.41, having risen +13.3% over the prior 30 days and +42.2% over 90 days. This sale by the company's chief executive officer during a period of significant net losses warrants investor attention to the divergence between operational growth and bottom-line deterioration.

November 2025
2025-11-25
low
1,500,000 shares
$6,030,000
@ $4.02
Significance 4

Director Perestroika purchases 1,500,000 shares of RIG at $4.02; holds 96,574,894 shares post-transaction as part of cluster buy pattern

Perestroika, a director, purchased 1,500,000 shares of Transocean Ltd. (RIG) at $4.02 on 2025-11-24, adding to an already substantial position of 96,574,894 shares. This represents a +1.6% increase in holdings at a price 0.3% below the current market level of $4.05. The purchase occurred within a 14-day cluster involving 2 other insiders also buying, which may suggest some coordinated conviction among board members. However, the broader context is mixed: Perestroika's prior trades at RIG show only 1 of 4 measurable prior buys (25%) ultimately produced positive 90-day returns, with the most recent acquisition on 2025-09-26 showing strong 30-day performance (+27.9%) but outcomes not yet fully measurable. Fundamentally, the company generated $1,028,000,000 in quarterly revenue with -24.4% annual growth and remains unprofitable with net income of $-1,923,000,000, presenting headwinds that complicate interpretation of insider accumulation alone.

2025-11-25
high
1,500,000 shares
$6,030,000
@ $4.02
Significance 6

Perestroika (Cyprus) Ltd acquired 1,500,000 shares of RIG at $4.02; holder now owns 96,574,894 shares amid 2-insider cluster

Perestroika (Cyprus) Ltd, a director, purchased 1,500,000 shares of Transocean Ltd at $4.02 on 2025-11-24, increasing holdings to 96,574,894 shares and contributing to a cluster pattern where 2 other insiders also bought within the past 14 days. While RIG stock has risen 27.8% over 90 days and shows recent momentum (+3.8% in 30 days), the company remains deeply unprofitable with a net income of $-1,923,000,000.00 against $1,028,000,000.00 in quarterly revenue, and Perestroika's prior same-ticker history shows mixed outcomes with a 1-of-4 rate of well-timed buys at the 90-day mark. This multi-insider acquisition occurs as the stock trades 9.4% below its 52-week high, suggesting accumulation at a relatively depressed recent price point rather than at peak valuations.

2025-11-25
medium
1,500,000 shares
$6,030,000
@ $4.02
Significance 5

Director Mohn buys 1,500,000 RIG shares at $4.02 for $6,030,000; joins cluster of 2 other insider buys within 14 days

Mohn Frederik Wilhelm, a Director, purchased 1,500,000 shares of Transocean at $4.02 on 2025-11-24, increasing his holdings from 95,074,894 to 96,574,894 shares. This transaction occurs within a broader cluster pattern: 2 other insiders have purchased shares within the past 14 days, suggesting coordinated buying interest at current levels. The timing coincides with strong recent price momentum—RIG has gained 27.8% over the past 90 days and 3.8% over the past 30 days—though the stock remains 9.4% below its 52-week high. Notably, the company is navigating a challenging financial backdrop: full-year net income was negative at $-1,923,000,000, though annual revenue growth reached +24.4%. Investors should note the insider's prior trading outcomes at this ticker are mixed: of 5 prior RIG purchases, only 1 of 4 measurable trades (25%) exhibited a positive 90-day return, suggesting inconsistent timing accuracy despite the current bullish cluster activity.

September 2025
2025-09-30
medium
4,000,000 shares
$12,200,000
@ $3.05
Significance 5

Director Perestroika bought 4,000,000 shares of RIG at $3.05 (9/26); stock now $3.12. Cluster pattern with 2 other insiders buying within 14 days.

Perestroika, a Director, purchased 4,000,000 shares at $3.05 on 2025-09-26, expanding holdings from 91,074,894 to 95,074,894 shares (+4.4%). The transaction arrived as part of a cluster pattern—two other insiders also bought within the past 14 days. However, the insider's prior track record at this ticker is mixed: of 5 earlier RIG buys, only 1 generated a positive 90-day return; the average 90-day outcome across those 5 trades was negative. Fundamentally, RIG reported a net loss of $-938,000,000.00 in the latest quarter despite strong annual revenue growth of +24.4%, indicating the company remains unprofitable on a full-year basis. The current price of $3.12 sits -33.2% from the 52-week high and has declined -1.0% over 90 days, matching the historical pattern where insider buys at this ticker have typically underperformed on that timeframe.

2025-09-30
medium
4,000,000 shares
$12,200,000
@ $3.05
Significance 4

Director Perestroika (Cyprus) Ltd buys 4,000,000 RIG shares at $3.05; part of cluster; stock -33.2% from 52-week high.

Perestroika (Cyprus) Ltd acquired 4,000,000 shares of Transocean Ltd (RIG) at $3.05 on 2025-09-26, increasing holdings to 95,074,894 shares. This purchase occurs as part of a cluster pattern—2 other insiders also bought within the past 14 days. RIG is trading at $3.12, down 33.2% from its 52-week high of $4.67, providing context for valuation at time of purchase. However, the insider's historical execution at this ticker shows mixed results: of 5 prior RIG purchases, only 1 was followed by positive 90-day returns (the February 2024 buy at +18.0%), while 4 of 5 saw declines over 90 days (ranging from -1.0% to -26.0%). The company reported a net loss of $-938,000,000.00 in the latest quarter despite revenue of $988,000,000.00 and remains unprofitable on a full-year basis, limiting fundamental support for the transaction.

2025-09-30
medium
4,000,000 shares
$12,200,000
@ $3.05
Significance 5

Director Mohn Frederik Wilhelm buys 4,000,000 shares of RIG at $3.05; cluster pattern with 2 other insiders buying in past 14 days amid company losses.

Mohn Frederik Wilhelm purchased 4,000,000 shares at $3.05 on 2025-09-26, bringing his holdings to 95,074,894 shares (+4.4% vs pre-transaction holdings). The company reported net income of -$938,000,000 over its most recent full fiscal year despite annual revenue growth of +24.4%. His prior RIG trades show mixed outcomes: only 1 of 5 prior buys achieved positive 90-day returns (most recently +18.0% in Feb 2024), with a 20% win rate across same-ticker history. The transaction is part of a cluster pattern, with 2 other insiders also buying within the past 14 days. At the current price of $3.12, the stock trades 30.2% below its 52-week high despite a 30-day gain of +3.0%, suggesting continued volatility in an unprofitable business.

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