COO Harvey Edward Snowling buys $1.5 million of Borr Drilling Ltd (BORR)
Harvey Edward Snowling, chief operating officer, bought $1.5 million of stock. WallStPal Score 67.
Harvey Edward Snowling, chief operating officer of Borr Drilling Ltd, bought 300,000 shares on the open market on October 14, 2026 at an average of $4.91 a share, for a total of $1.5 million. The purchase was reported to the SEC on Form 4 on October 16, 2026.
It raised their holding by 206%, to 445,944 shares.
2 other insiders also bought at least $10,000 of BORR within 30 days, which makes this a cluster buy.
In the 12 months up to this filing, Borr Drilling Ltd insiders reported 17 open-market purchases and 6 sales.
WallStPal Score: 67 out of 100, because of raised their holding by 206%; a large purchase; 2 other insiders also bought; bought by a top executive.
It is too soon to say how the stock did afterward. This page will update as prices come in.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
Harvey Edward Snowling helps run Borr Drilling Ltd. Spending $1.5 million of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.
More: all BORR insider trades · Harvey Edward Snowling's track record