{"schema_version":"secwatch.filing_event.v1","accession":"0001451505-23-000068","form_type":"8-K","ticker":"RIG","cik":"0001451505","company_name":"Transocean Ltd.","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.916659+00:00","generated_at":"2026-06-14T23:31:53.214080+00:00","sec_items":["5.02","5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Transocean shareholders approve LTIP amendment adding 30M shares; all 11 directors elected","bullets":["LTIP amended to reserve 30,000,000 additional shares for future equity awards.","Articles amended: general capital authorization for 159,449,067 shares (1-yr) and specific authorization for 30M shares (5-yr) for equity plans.","All 11 director nominees elected; Chadwick Deaton re-elected as Board Chair.","Advisory vote on exec compensation frequency set to every year until 2029 annual meeting.","Reallocation of CHF 9.5B free capital reserves approved; Ernst & Young ratified as auditor."],"urls":{"canonical":"https://secwatch.observer/filing/0001451505-23-000068","json":"https://secwatch.observer/filing/0001451505-23-000068.json","markdown":"https://secwatch.observer/filing/0001451505-23-000068.md","text":"https://secwatch.observer/filing/0001451505-23-000068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1451505/000145150523000068/0001451505-23-000068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1451505/000145150523000068/rig-20230516x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T23:31:53.214080+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"11ced2c80f8a0a33951fdc4d4312543281fd7f6b","claim":"Transocean Ltd.: Articles of Association amended to reflect shareholder approvals for general capital authorization, specific capital authorization for equity plans, and alignment with new Swiss corporate law (effective 2023-05-11).","evidence_excerpt":"On May 11, 2023, the Articles of Association of the Company were amended (as amended, the “Articles of Association”) to reflect the approval by our shareholders at the AGM of (i) the general capital authorization proposal, which permits the issuance of up to 159,449,067 Shares pursuant to the authorization, for a one-year period expiring on May 11, 2024; (ii) the specific capital authorization proposal that may be used to satisfy the Company’s equity incentive plans obligations, which permits the issuance of up to 30,000,000 Shares pursuant to the authorization, for a five-year period expiring on May 11, 2028; and (iii) the proposal to amend the Articles of Association to align them with changes that were made to Swiss corporate law effective January 1, 2023, and make certain related changes.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1451505/000145150523000068/0001451505-23-000068-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-05-11"}],"fact_type":"governance_change"},{"claim_id":"f4b22188f941b560527fc8535bf2ef527c15db2e","claim":"Transocean Ltd.: Organizational Regulations amended by the Board of Directors to align with new Swiss corporate law and related changes (effective 2023-05-12).","evidence_excerpt":"Effective May 12, 2023, the Organizational Regulations (as amended, the “Organizational Regulations”) of the Company were amended by the Company’s Board of Directors to align them with changes that were made to Swiss corporate law effective January 1, 2023, and to make certain related changes, including with respect to the procedures required to consider and approve certain Company actions.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1451505/000145150523000068/0001451505-23-000068-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2023-05-12"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}