Seadrill Ltd
For the period ended Jun 3, 2026. Filed Apr 20, 2026.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Jun 3, 2026 · Filed Apr 20, 2026
SDRL$42.20+2.6%Stored close · as of Nov 6, 2026
Contents
Key Elements of Our Compensation Program
For 2025, the primary components of our named executive officers’ compensation were:
| • | base salary; |
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| • | annual cash bonuses; and |
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| • | long-term equity awards comprised of time-vested restricted stock units (“TRSUs”) and performance-vested restricted stock units (“PRSUs”). |
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Each element of compensation aligns with our executive compensation program objectives as shown in the following table:
| Element of Compensation | Description | Primary Goals of our Executive Compensation Program | |||||
|---|---|---|---|---|---|---|---|
| Pay-for-Performance | Attract, Retain, Motivate | Shareholder Alignment | |||||
| Base Salary | Provides regular fixed cash in recognition of job responsibilities | ✔ | |||||
| Annual Cash Bonus | Target award determined as percentage of base salary; Earned based on the achievement of company-wide financial, operational and safety performance goals and individual performance measured against objectives | ✔ | ✔ | ✔ | |||
| Long-Term Equity Awards | Combination of TRSUs and PRSUs • TRSUs generally vest ratably over three years • PRSUs generally earned over a three-year performance period (with certain PRSUs measured over three annual measurement periods, but vesting at the end of the cumulative three-year period) | ✔ | ✔ | ✔ | |||
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