• Borr Drilling (BORR) shares rose 5.19% to $5.03 on October 12, 2026.
  • The surge followed a significant insider-linked share purchase where Drew Holdings Ltd., an associate of director Tor Olav TrΓΈim, acquired 2,500,000 shares.
  • This transaction, disclosed under market abuse and Norwegian securities rules, highlights continuing insider interest and signals strong confidence in Borr Drilling's position in the offshore shallow-water drilling market.