Trade Summary
2 days ago, Mackenzie Roderick James, serving as EVP, Chief Commercial Officer at Transocean Ltd. (RIG), sold 78,370 shares at $6.36 per share, for a total transaction value of $498,433.00. Following this transaction, Mackenzie Roderick James now holds 268,025 shares of RIG.
This sale represents a 23.00% decrease in Mackenzie Roderick James's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, March 4, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 5, 2026, 1 day after the trade was made.
Transocean Ltd. operates in the ENERGY sector, specifically within the OIL & GAS DRILLING industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.