{"schema_version":"secwatch.filing_event.v1","accession":"0001451505-25-000084","form_type":"8-K","ticker":"RIG","cik":"0001451505","company_name":"Transocean Ltd.","filed_at":"2025-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.017663+00:00","generated_at":"2026-05-17T15:21:57.107598+00:00","sec_items":["3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Transocean to exchange $39.7M of 4% exchangeable bonds due 2025 for common shares","bullets":["Agreements with holders to exchange ~$39.7M principal of 2025 bonds for RIG shares, priced by 5-day VWAP from Aug 11.","Illustrative VWAP of $3.10/share would yield ~13.3M shares; actual amount may differ.","Exchange subject to limit price of $2.50/share; transactions pause below that level.","Shares issued in private placement exempt under Section 4(a)(2) of Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001451505-25-000084","json":"https://secwatch.observer/filing/0001451505-25-000084.json","markdown":"https://secwatch.observer/filing/0001451505-25-000084.md","text":"https://secwatch.observer/filing/0001451505-25-000084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1451505/000145150525000084/0001451505-25-000084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1451505/000145150525000084/rig-20250811x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T15:21:57.107598+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}