Director Patrick Schorn purchased 1,200,000 shares of BORR at $1.66 on 2026-06-17, raising holdings to 3,535,000 shares (+51.4%)
Patrick Schorn, a Director, acquired 1,200,000 shares at $1.66 on 2026-06-17 for $1,992,000.00, increasing his non-derivative holdings from 2,335,000 to 3,535,000 shares—a 51.4% increase in that portion of his position. The purchase occurred when the stock was trading near its 52-week low ($1.79–$6.66 range) and at -35.7% from its 52-week high. Schorn retains 1,200,000 shares of derivative holdings (employee stock options) across three tranches of 400,000 each, indicating his overall stake extends beyond the non-derivative purchase disclosed here. The substantial share acquisition during a period of significant stock depreciation and the director's continued derivative position together suggest material engagement with the company's near-term trajectory.