Tor Olav Troim, a director at Borr Drilling Ltd (BORR), bought $11.84 million of company stock on October 9th, 2026.
The purchase covered 2,500,000 shares. Every share in the transaction was reported at $4.7374, so the entire block went through at a single price rather than across a range. Our table shows one filing behind the buy.
Borr Drilling operates in the drilling of oil and gas wells, a business tied to rig contracting, day rates and customer capital budgets rather than to anything a single insider controls on his own. That is the backdrop against which a director-level purchase of this size has to be read.
Size matters here in two directions. Against a company carrying a market capitalization of $1,480,861,184, an $11.84 million purchase is a small slice of the equity. Against the personal checkbook of one individual, it is a large and concentrated commitment, and it was made in one day rather than built quietly over weeks.
The other side of the ledger is what the filing does not say. A Form 4 reports a transaction, not an intention, and it does not disclose the buyer's full financial position, his cost basis on earlier shares, or whether the stock was acquired through an entity, a plan or outright discretion. Insiders buy for reasons that filings never record, and a purchase by a director is not evidence about future results.
On price, the shares last traded at $4.80, modestly above the $4.7374 paid on October 9th, 2026. So the position is not far from where it was established. Readers tracking the name should watch whether this stays a one-off filing or turns into a pattern of repeat buying across coming months, and whether other officers and directors appear on the same side.
All figures above come from Form 4 filings submitted to the Securities and Exchange Commission and reconciled against our own transaction tables.
Track every Form 4 filed at Borr Drilling Ltd (BORR) → insiderbuying.com/companies/BORR