Tor Olav Troim reported a Borr Drilling share purchase on Form 4

What did Tor Olav Troim report?

The SEC Form 4 reports that Tor Olav Troim, Director, purchased 750,000 Borr Drilling (BORR) shares in an open-market transaction at $4.72 each. The reported value was about $3.54M.

The transaction date was Oct 14, 2026. The filing date was Oct 15, 2026, 1 day later. The Form 4 states that the shares are held indirectly and reports a post-purchase holding of 39,617,808 shares, an increase of about 1.9% over the estimated holding before.

How does the purchase fit with other reported trades?

In the 365 days to Oct 15, 2026, OQRO records 13 other open-market purchases by Tor Olav Troim, about $61.6M in total; 13 of them were at Borr Drilling. The previous open-market purchase by this person on record at OQRO was 0 months earlier.

Only 3 of this person's disclosed purchases have had 90 days since they were reported, too few for OQRO to show a result. OQRO's insider records for Borr Drilling begin on Mar 26, 2026, so there is not enough history for a 12-month baseline. In the 90 days to Oct 15, 2026, 12 other open-market purchases, about $52M by 3 insiders, were filed.

What other Borr Drilling filings and records are relevant?

Insiders at Borr Drilling also filed 5 open-market sales, about $397K, in those 90 days. The largest other filings of the same kind in that period were Jeffrey Currie, Director, about $502K on Aug 14, 2026 and De Oliveira Bruno Morand, Chief Executive Officer, about $200K on Sep 21, 2026.

Schedule 13D and 13G filings in the 180 days to Oct 15, 2026 show Drew Holdings Ltd. raising its BORR stake to 13.1% from 12.2%, filed Oct 15, 2026, and disclosing a 12.2% stake, filed Oct 13, 2026.

FINRA short interest for BORR on the settlement date of Sep 30, 2026 was 34,507,380 shares, +17.33% on the previous report, or about 5.35 days of average volume. In 13F filings for the quarter ended Jun 30, 2026, Fideuram Asset Management (Ireland) dac reported a new position and Voleon Capital Management LP increased its position to 157,728 shares. Lord, Abbett & Co. LLC sold out, while Voloridge Investment Management, LLC reduced its position to 413,649 shares. A 13F is a quarter-end snapshot with no trade date.

What was reported around the transaction date?

The Benzinga coverage listed by Finnhub carried the headline: “Borr Drilling Director Tor Olav Troim Purchases 2.5M Shares At Average Price Of $4.74/Share, Increasing Indirect Holdings To 37.3M Shares” on Oct 13, 2026. The headline is presented as published by the outlet; OQRO has not checked it and does not summarise the article.

BORR closed at $4.68 on Oct 14, 2026, the last session on or before the trade date. From Sep 14, 2026 to Oct 14, 2026, the close moved from $4.12 to $4.68, a change of +13.6%. The filing does not explain these price moves; other news can move a price.

What this does not tell you?

A Form 4 reports a transaction; it does not say why it was made. Some purchases and sales follow trading windows or pre-arranged plans, and OQRO notes a plan only when a filing footnote says so. The Form 4 does not state which circumstances apply here.

The data provider lists the next results date as Nov 18, 2026, 34 days after the filing date; such dates can change. Comparisons use only the filings OQRO holds. This describes public filings and is not investment advice.