Insider Purchase by Schorn Patrick (Dir)
Trade Summary
5 days ago, Schorn Patrick, serving as Dir at Borr Drilling Ltd (BORR), purchased 1,200,000 shares at $1.66 per share, for a total transaction value of $1,992,000.00. Following this transaction, Schorn Patrick now holds 3,535,000 shares of BORR.
This purchase represents a 51.39% increase in Schorn Patrick's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, June 17, 2026 and publicly disclosed via SEC Form 4 filing on Monday, June 22, 2026 at 11:27 AM ET, 5 days after the trade was made.
Borr Drilling Ltd operates in the ENERGY sector, specifically within the OIL & GAS DRILLING industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$1.66
Quantity
1,200,000
Total Value
$1,992,000.00
Shares Owned
3,535,000
Trade Date
5 days ago
SEC Filing Date
at 11:27 AM ET
Filed 5 days after trade
Discussion