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SDRL SEADRILL Ltd Insider Trading

Latest: Officer Sold $1.9M of Shares · Jun 2026
3 filings analyzed · Latest 2026-06-12
Insider buys
0
Insider sells
3
Unique insiders
3
Direction
Net selling
June 2026
2026-06-12
high
Torsten Sauer-Petersen Sell
See Remarks
42,625 shares
$1,904,485
@ $44.68
Significance 6/10

SDRL insider Torsten Sauer-Petersen sells entire 42.6K share stake for $1.9M at $44.68

Torsten Sauer-Petersen liquidated his complete shareholding of 42,625 shares, exiting a position entirely rather than retaining any equity stake. The transaction occurred at $44.68 per share, now $44.64, positioning the sale near current market levels. SEADRILL faces fundamental headwinds: the company reported net income of $-7,000,000.00 over its most recent full fiscal year and remains unprofitable despite $358.0M in quarterly revenue. The stock is trading 19.5% below its 52-week high and down 10.8% over the last 30 days. Complete liquidation by an insider in a capital-intensive offshore drilling business while the firm operates at a loss merits investor attention to capital allocation pressures and insider confidence levels.

2026-06-12
high
Grant R Creed Sell
Executive Vice President & CFO
34,147 shares
$1,529,423
@ $44.79
Significance 6/10

CFO Grant R Creed sells 34,147 shares ($1,529,422.84) in two transactions; reduces holdings by 59.7% to 23.1K shares

Grant R Creed, Executive Vice President & CFO, executed two separate sales on 2026-06-11, totaling 34,147 shares for $1,529,422.84 at a blended average price of $44.79. This represents a substantial reduction in his stake, cutting his holdings from 57,211 shares (57.2K shares) to 23,064 shares (23.1K shares), a -59.7% reduction. The company remains unprofitable with net income of $-7,000,000.00 over its most recent full fiscal year despite $358,000,000.00 in latest quarterly revenue; this large liquidation by a CFO during unprofitable operations warrants investor scrutiny of capital allocation and management confidence. The 52-week range of $25.48–$55.47 shows the stock is -19.5% from its highs and down -10.8% over the last 30 days, providing context for the execution prices relative to recent trading levels.

2026-06-12
high
Todd D Strickler Sell
SVP & General Counsel
31,409 shares
$1,403,668
@ $44.69
Significance 6/10

SVP & General Counsel Todd D Strickler sells entire 31,409-share SDRL position for $1.4M; now holds zero shares

Todd D Strickler divested his complete shareholding of 31,409 shares at $44.69, reducing his position from 31.4K shares to 0 shares. This complete liquidation stands against a backdrop where the company reported negative net income of $-7.0M in its latest quarter and remains unprofitable on a full-year basis, despite modest 3.8% annual revenue growth. The stock trades at $44.64 currently, down 19.5% from its 52-week high of $55.47, suggesting the transaction occurred near recent valuation peaks and before the subsequent 10.8% 30-day decline. The complete elimination of holdings by an executive of this seniority merits monitoring, particularly given the company's unprofitable operating status.

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