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Transocean(RIG.US) 10% Shareholder Buys US$10.46 Million in Common Stock

Moomoo News ·  Aug 5 06:38

$Transocean (RIG.US)$ 10% Shareholder Mohn Frederik Wilhelm purchased 2 million shares of common stock on Aug 2, 2024 at an average price of $5.23 for a total value of $10.46 million.

This transaction involves other related parties: Perestroika and Perestroika (Cyprus) Ltd.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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