Patrick Schorn, a Director at Borr Drilling Ltd (BORR), acquired 1,200,000 shares of the company on June 17, 2026. The transaction, valued at approximately $1.99 million at an average price of $1.66 per share, represents a significant personal investment in the offshore drilling company.
This purchase follows other recent insider buying activity at Borr Drilling, including a purchase by Morand De Oliveira Bruno on June 17, 2026, and substantial buys by Tor Olav Troim in early June and mid-April. Insider purchases of this magnitude are often interpreted as a strong signal of confidence in the company's future performance and strategic direction.