Director Thiago Mordehachvili sold 8,000,000 shares of BORR at $4.70 for $37,600,000.00
On 2026-06-09, director Thiago Mordehachvili sold 8,000,000 shares at $4.70, reducing holdings from 46,199,677 shares to 38,199,677 shares, a -17.3% reduction in position size. The transaction valued at $37,600,000.00 occurred against a backdrop of significant recent stock underperformance: the current price of $4.56 sits -31.5% from the 52-week high and the stock has declined -22.0% over the past 30 days and -17.8% over the past 90 days. The sale represents a material reduction in an insider's equity stake during a period of marked downward price momentum.