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.