Borr Drilling Ltd.

03/18/2026 | Press release | Distributed by Public on 03/18/2026 06:18

Initial Statement of Beneficial Ownership (Form 3)

FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Mawjee Jehan
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
Borr Drilling Ltd [BORR]
(Last) (First) (Middle)
C/O BORR DRILLING LIMITED, 2ND FLOOR 9 PAR-LA-VILLE ROAD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Accounting Officer
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
HAMILTON HM11
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Shares 0(1) D
Common Shares 0(2) D
Common Shares 0(3) D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option to Purchase Common Shares 03/01/2025(4) 11/17/2028 Common Shares 41,667 $6.31 D
Employee Stock Option to Purchase Common Shares 03/01/2026(4) 11/17/2028 Common Shares 41,667 $6.31 D
Employee Stock Option to Purchase Common Shares 03/01/2027(4) 11/17/2028 Common Shares 41,666 $6.31 D
Employee Stock Option to Purchase Common Shares 08/15/2025(5) 08/15/2029 Common Shares 41,666 $6.54 D
Employee Stock Option to Purchase Common Shares 08/15/2026(5) 08/15/2029 Common Shares 41,667 $6.54 D
Employee Stock Option to Purchase Common Shares 08/15/2027(5) 08/15/2029 Common Shares 41,667 $6.54 D
Employee Stock Option to Purchase Common Shares 03/01/2024(6) 09/01/2027 Common Shares 43,334 $3.66 D
Employee Stock Option to Purchase Common Shares 03/01/2025(6) 09/01/2027 Common Shares 43,333 $4.41 D
Employee Stock Option to Purchase Common Shares 03/01/2026(6) 09/01/2027 Common Shares 43,333 $5.16 D
Employee Stock Option to Purchase Common Shares 08/12/2024(7) 08/12/2026 Common Shares 33,334 $1.66 D
Employee Stock Option to Purchase Common Shares 08/12/2025(7) 08/12/2026 Common Shares 66,666 $1.66 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Mawjee Jehan
C/O BORR DRILLING LIMITED
2ND FLOOR 9 PAR-LA-VILLE ROAD
HAMILTON HM11
Chief Accounting Officer

Signatures

/s/ Temi Bankole as attorney-in-fact 03/18/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 22,910 RSUs that vest on September 1, 2026 and are conditional on the grantee remaining in continuous employment with the Company
(2) 22,909 RSUs that vest on September 1, 2027 and are conditional on the grantee remaining in continuous employment with the Company
(3) 22,910 RSUs that vest on September 1, 2028 and are conditional on the grantee remaining in continuous employment with the Company
(4) Grant of options on November 17, 2023 - options 1/3 vest every March 1 between 2025 and 2027 with strike price as at date of filing
(5) Grant of options on August 15, 2024 - options 1/3 vest every August 15 between 2025 and 2027 with strike price as at date of filing
(6) Grant of options on September 1, 2022 - options 1/3 vest every March 1 between 2024 and 2026 with staggered strike price as at date of filing
(7) Grant of options on August 12, 2021 - options 1/3 vest every August 1 between 2023 and 2025 with strike price as at date of filing
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
Borr Drilling Ltd. published this content on March 18, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 18, 2026 at 12:18 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]