Why Is This Transocean Insider Selling Shares?
Roderick Mackenzie, Executive Vice President and Chief Commercial Officer at Transocean Ltd. (NYSE:RIG), executed an open-market sale of 53,769 shares on October 31, 2025, resulting in the complete divestiture of direct holdings. SEC Form 4 filing
Transaction value calculated using the SEC Form 4 reported price of $3.86 as of Oct. 31, 2025; Post-Transaction value calculated using the market close price of $3.90 on Nov. 4, 2025.
What proportion of Mackenzie Roderick James’s direct stake did this transaction represent?
This sale represented about 18% of direct holdings.
Source Fool.com