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Borr Drilling director Tor Olav Troim increased his holdings by 200,000 shares of the company's stock on August 25, valued at approximately $874,000.
According to a U.S. Securities and Exchange Commission (SEC) filing, Borr Drilling (NYSE:BORR) director Tor Olav Troim purchased 200,000 shares of the company's stock through a trust on August 25 at a weighted average price of $4.37 per share, for a total transaction value of approximately $874,000. Days prior, the director had also increased his holdings by over $2 million worth of company stock. Following this latest increase, Troim's total beneficial ownership reached approximately 29.5 million shares.
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