Harvey Edward Snowling reported a Borr Drilling share purchase

What did Harvey Edward Snowling report?

The SEC Form 4 reports an open-market purchase of 300,000 Borr Drilling (BORR) shares at $4.91 each, or about $1.47M. Snowling is identified as Chief Operating Officer and Officer.

The transaction date was Oct 14, 2026. The Form 4 was filed on Oct 16, 2026, 2 days later. It puts the holding after the purchase at 445,944 shares, an increase of about 205.6% over the estimated holding before.

What other filings did Snowling make?

A separate filing reports that Snowling exercised or converted 150K BORR derivative securities on Oct 13, 2026. The transaction code is M or C.

OQRO holds no other open-market purchases by Snowling in the 365 days to Oct 16, 2026. It holds 2 open-market sales by Snowling in that period, totaling about $1.6M. OQRO does not hold enough history to say whether this is a first purchase. Its Borr Drilling insider records begin on Mar 26, 2026, leaving too little history for a 12-month baseline.

What other Borr Drilling insider activity is on record?

In the 90 days to Oct 16, 2026, OQRO records 14 other open-market purchases, about $57.8M in total, by 3 insiders. It also records 6 open-market sales, about $1.87M in total.

The largest other filings of this kind in that period include Tor Olav Troim, Director, about $11.8M on Oct 13, 2026 and Tor Olav Troim, Director, about $7.4M on Oct 14, 2026.

What ownership and market records are available?

Schedule 13D and 13G filings in the 180 days to Oct 16, 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, up 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; Voloridge Investment Management, LLC reduced its position to 413,649 shares. A 13F is a quarter-end snapshot with no trade date.

What happened around the trade date?

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%.

Finnhub listed Benzinga coverage dated Oct 13, 2026 with 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.” Headlines are listed as published by the outlets; OQRO has not checked them or summarized the articles. The data provider lists Nov 18, 2026 as the next results date, 33 days after the filing date; the date can change.

What this does not tell you?

A Form 4 reports a transaction but 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. A sale can also follow an option exercise or a tax bill; the filing does not say which circumstances apply here.

The share-price movement is context only; the filing does not explain it, and other news can move a price. Comparisons use only the filings OQRO holds. This describes public filings and is not investment advice. See Borr Drilling on OQRO.