UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2024
Commission File Number: 001-39327
SEADRILL LIMITED
(Exact name of Registrant as specified in its Charter)
Park Place
55 Par-la-Ville Road
Hamilton HM 11 Bermuda
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Seadrill Limited – Transaction by Primary Insider
Hamilton, Bermuda, June 28, 2024 – Primary insider in Seadrill Limited (“Seadrill” or the “Company”) (NYSE & OSE: SDRL), Harry Quarls, has acquired 4,000 ordinary shares in the Company as further described in the attached form.
This information is subject to disclosure requirements pursuant to article 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.
About Seadrill
Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced technologies, Seadrill safely, efficiently, and responsibly unlocks oil and gas resources for national, integrated, and independent oil companies. For further information, visit www.seadrill.com.
Contact
Lydia Brantley Mabry
Director of Investor Relations
ir@seadrill.com
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Harry Quarls | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Primary insider, Director | ||||
| b) | Initial notification/Amendment | Initial notification | ||||
| 3 | Details of issuer | |||||
| a) | Name | Seadrill Limited | ||||
| b) | LEI | 213800LZ4WWG15NAC829 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | Shares in Seadrill Limited (ISIN BMG7997W1029) | ||||
| b) | Nature of the transaction | Acquisition | ||||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | |||
| USD 50.7807 in average per share | 4,000 | |||||
| d) | Aggregated information — Aggregated volume — Price | 4,000 shares for a total of USD 203,122.80. | ||||
| e) | Date of the transaction | 2024-06-27 | ||||
| f) | Place of the transaction | Omitted | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| SEADRILL LIMITED | ||||||
| Date: June 28, 2024 | By: | /s/ Grant Creed | ||||
| Name: Grant Creed | ||||||
| Title: Chief Financial Officer | ||||||
