Director Troim Tor Olav Buys $4.3M of Borr Drilling Stock
BORR sits 79% above its 52-week low of $2.44.
Summary
Director Troim Tor Olav bought $4.3 million of Borr Drilling stock on the open market, adding to a pattern of insider accumulation.
Key Events · Ownership and Investor Activity · BORR
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Director Buys $4.3M in Open Market
Troim Tor Olav purchased 1,000,000 shares at $4.2995 per share for $4,299,500 on September 16, 2026, via Drew Holdings Ltd.
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Insider Accumulation Continues
This purchase adds to net insider buying of $11.7 million over the past 90 days, with 9 active insiders accumulating shares.
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Post-Transaction Holdings
Troim now holds 30,385,941 shares indirectly through Drew Holdings Ltd., plus 81,867 direct shares including 54,545 RSUs vesting September 30, 2026.
Analysis · BORR · Energy & Transportation
A board member has made a significant open-market purchase, buying 1,000,000 shares at $4.30 per share for $4,299,500 on September 16, 2026. The transaction represents 0.329% of the company's market cap and comes amid a period of insider accumulation, with net insider buying of $11.7 million over the past 90 days. The purchase was made through Drew Holdings Ltd., a trust in which Troim is the beneficiary.
How filings like this one have moved
In the 30 days to Nov 2, 2026, 32.7% of the 1910 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BORR was trading at $4.37 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $2.44 to $6.66. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.