Howard E. Davis

Howard E. Davis (senior executive) discloses dealings in Transocean Ltd. to SEC (Form 4). We count 62 filings; the first trade dates from 17 August 2016 and the latest from 4 March 2024.

On the open market, the record shows 4 purchases worth €797k and 3 sales worth €954k. The net balance comes to €156k on the selling side. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Outside the open market, there are 19 share grants and 30 option exercises.

Half of the purchases are above €108k and half below. Clusters matter here: 3 out of 3 purchases overlapped with buying by a colleague within 30 days. Purchases made close together by different insiders form what is called a cluster. Ninety days after publication, 3 purchases show a median change of +35.2%, with the price up in 100% of them. Past outcomes like these are no guarantee of what comes next.

Most recently, on 5 March 2024, the filings show an option exercise worth €488k in Transocean Ltd. The last purchase on record was published on 1 July 2019, which is 2,687 days ago. Filings reach the SEC (Form 4) feed a median of 3 days after the trade. The legal deadline for a Form 4 is two business days after the transaction. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.