Director Tor Olav Troim purchased 1,063,000 BORR shares at $4.70; stock down 31.5% from 52-week high.
Tor Olav Troim purchased 1,063,000 shares at $4.70 on 2026-06-09, increasing his holdings by 4.1% to 27,185,941 shares, representing a $4,996,100.00 investment in Borr Drilling. The purchase occurred against a backdrop of significant price weakness: the stock trades at $4.56, down 31.5% from its 52-week high of $6.66 and down 22.0% over the preceding 30 days. His prior two transactions at this ticker both showed negative 90-day returns (12.2% gain over 30 days followed by -18.3% over 90 days in April 2026; 7.2% gain over 30 days followed by -12.2% over 90 days in March 2026), with zero of these prior buys achieving positive 90-day outcomes. This purchase adds to a pattern of accumulation in a declining stock without evidence of successful timing on prior similar acquisitions.
Director Troim Tor Olav bought 500,000 shares of BORR at $5.58 on 2026-04-16, increasing holdings to 26.12M shares (+2.0%).
Director Troim Tor Olav purchased 500,000 shares at $5.58 on 2026-04-16, bringing his total holdings to 26,122,941 shares and increasing his position by 2.0%. The transaction occurred while BORR was trading 9.1% below its 52-week high of $6.13 but has recovered +14.4% over the past 30 days and +30.8% over 90 days, suggesting the stock has gained momentum since the purchase. This is the insider's second discrete buy at BORR within a month—following a purchase on 2026-03-24—indicating a pattern of accumulation in the company. As a director with a 26.12M share position representing substantial holdings at a $1.7B market-cap company, the insider's repeated purchases during this period warrant attention to whether this reflects operational confidence or routine portfolio activity.
Director Tor Olav Troim buys 500,000 shares of BORR at $5.20; holdings now 25.62M shares
Director Tor Olav Troim purchased 500,000 shares at $5.20 on 2026-03-24, increasing his stake from 25,122,941 to 25,622,941 shares. The transaction value was $2,597,900.00 and represents a 2.0% increase in his pre-transaction holdings. The purchase occurred while the stock is trading at $5.92, within its 52-week range of $1.61–$6.13 and 3.4% below the 52-week high, following 90-day gains of 49.1%. The director's substantial holdings in a $1.8B market-cap company merit tracking given the dollar size and share scale of the purchase.