Recent 8-K filings for RIG

• May 19, 2026, 4:44 PM ET other material materiality 0.60 neutral item 1.01item 9.01

  Transocean enters support agreement with Famatown to nominate Kristian Johansen to board

  Transocean will nominate Kristian Johansen for election to board at EGM to approve Valaris acquisition.

• May 5, 2026, 7:59 PM ET M&A materiality 0.70 negative item 8.01

  DOJ issues Second Request on Transocean-Valaris merger, extending HSR waiting period

  On May 4, 2026, Transocean and Valaris each received a DOJ Second Request under the HSR Act.

• May 4, 2026, 7:59 PM ET earnings materiality 0.85 positive item 2.02item 7.01item 9.01 ◈ Earnings Releases

  Transocean Q1 net income $71M, revenue $1.08B, backlog reaches $7.1B with $1.6B new contracts

  GAAP net income $71M ($0.06 diluted EPS); adjusted net loss $28M (-$0.03 adjusted EPS).

• April 16, 2026, 7:59 PM ET other material materiality 0.65 positive item 7.01item 9.01

  Transocean $158M contract for Deepwater Asgard; backlog additions ~$1.6B since April

  Deepwater Asgard awarded five-well contract in Eastern Med; 390-day campaign starts Q4 2026, adding ~$158M backlog.

• April 14, 2026, 7:59 PM ET other material materiality 0.65 positive item 7.01item 9.01

  Transocean secures $425M net backlog from Petrobras for Deepwater Corcovado extension through Nov 2030

  Deepwater Corcovado awarded 1,156-day contract extension with Petrobras, adding ~$445M in incremental backlog.

• April 2, 2026, 7:59 PM ET other material materiality 0.85 positive item 7.01item 9.01

  Transocean awards $1.0B in new contracts; retires $358M in notes

  Transocean Barents awarded 1,095-day contract with Vår Energi at $450K/day, adding ~$490M backlog.

• February 23, 2026, 6:59 PM ET M&A materiality 0.90 neutral item 7.01item 9.01

  Transocean to acquire Valaris in all-stock deal valued at exchange ratio of 15.235 Transocean shares per Valaris share

  Business Combination Agreement signed on February 9, 2026 to acquire all outstanding Valaris common shares for Transocean shares at 15.235:1 ratio.

• February 20, 2026, 6:59 PM ET earnings materiality 0.80 positive item 2.02item 7.01item 9.01

  Transocean FY25 revenue $3.965B (+13% YoY); adj. EBITDA $1.37B; backlog $6.1B

  Operating revenues $3.965B, up 13% vs 2024; revenue efficiency 96.5% (up from 94.5%).

• February 11, 2026, 6:59 PM ET other material materiality 0.60 positive item 7.01item 9.01

  Transocean secures $184M in contract fixtures for two Norway semisubmersibles

  Transocean Encourage awarded seven-well extension; ~365 days starting Q1 2027 adds ~$152M backlog.

• February 10, 2026, 6:59 PM ET M&A materiality 0.90 positive item 1.01item 8.01item 9.01 ◈ Material Agreements

  Transocean to acquire Valaris; all-stock deal at 15.235x ratio; 53/47 ownership split

  Transocean to acquire all Valaris shares at exchange ratio of 15.235 Transocean shares per Valaris share.

• February 9, 2026, 6:59 PM ET M&A materiality 0.85 positive item 8.01item 9.01

  Transocean to acquire Valaris in all-stock deal valued at ~$5.8B; creates ~$17B offshore driller

  All-stock deal: Valaris shareholders receive 15.235 RIG shares per VAL share; pro forma ownership ~53% RIG, ~47% VAL.

• January 5, 2026, 6:59 PM ET other material materiality 0.70 positive item 7.01item 9.01

  Transocean secures $168M in firm backlog with bp contract and Enabler extension

  Deepwater Mykonos awarded 302-day contract with bp in Brazil, contributing ~$120M backlog, start Q3 2026.

• December 8, 2025, 6:59 PM ET other material materiality 0.65 positive item 7.01item 9.01

  Transocean secures $130M six-well contract in Australia for Deepwater Skyros

  Six-well contract in Australia with undisclosed operator; uses Deepwater Skyros drillship.

• October 29, 2025, 7:59 PM ET earnings materiality 0.85 negative item 2.02item 9.01

  Transocean reports Q3 net loss of $1.92B, includes $1.91B impairment; adjusted net income $62M

  Net loss attributable to controlling interest $1.92B ($2.00/share) vs adjusted net income $62M ($0.06/share).

• October 15, 2025, 7:59 PM ET other material materiality 0.70 positive item 7.01item 9.01

  Transocean fleet status report shows rising dayrates; new contracts with bp, Beacon, Woodside

  Deepwater Atlas secures three-year firm contract with bp starting June 2028 at $635k/day.

• October 15, 2025, 7:59 PM ET debt materiality 0.70 positive item 1.01item 2.03item 7.01item 8.01item 9.01 ◈ Debt Financings

  Transocean issues $500M 7.875% notes due 2032; upsizes tender offer to $100M

  Issued $500M senior priority guaranteed notes at 7.875% due Oct 2032; interest semi-annual from Apr 2026.

• October 1, 2025, 7:59 PM ET other material materiality 0.65 positive item 7.01item 9.01

  Transocean announces $243M in exercised options for Deepwater Atlas and Deepwater Mykonos

  bp exercised a 365-day option for Deepwater Atlas, adding ~$232M to backlog.

• September 26, 2025, 7:59 PM ET debt materiality 0.80 neutral item 1.01item 9.01

  Transocean prices 125M-share offering at $3.05 per share to repay notes

  Underwriting agreement for public offering of 125M shares at $3.05 per share.

• September 25, 2025, 7:59 PM ET other material materiality 0.60 neutral item 7.01item 9.01

  Transocean prices upsized 125M share offering at $3.05/share for ~$381M gross proceeds

  Offering upsized to 125M shares from 100M; price $3.05 per share.

• September 24, 2025, 7:59 PM ET other material materiality 0.75 neutral item 7.01item 9.01

  Transocean plans 100M-share offering, proceeds to repay $655M notes due 2027

  Offering 100M shares (par $0.10) with underwriter option for 15M more; Citigroup and Morgan Stanley book-running.

• August 27, 2025, 7:59 PM ET other material materiality 0.85 negative item 2.06item 9.01 ◈ Restructurings & Charges

  Transocean expects ~$1.9B impairment charge on disposal of five rigs in Q3 2025

  Plans to dispose of rigs: Discoverer Clear Leader, Discoverer Americas, Deepwater Champion, Henry Goodrich, Discoverer India.

• August 19, 2025, 7:59 PM ET debt materiality 0.60 positive item 3.02item 8.01item 9.01

  Transocean exchanges $39.7M of 4.0% exchangeable bonds for 13.9M shares

  Closed on Aug 19, 2025, exchanging $39.7M principal amount for ~13.9M shares and immaterial accrued interest.

• August 4, 2025, 7:59 PM ET earnings materiality 0.85 negative item 2.02item 9.01

  Transocean Q2 net loss $938M on $1.128B impairment; adjusted net income $19M

  GAAP net loss $938M ($1.06/diluted share); adjusted net income $19M (adj. EPS nil).

• July 22, 2025, 7:59 PM ET other material materiality 0.65 neutral item 3.02item 8.01item 9.01

  Transocean exchanges ~$157M of 4.0% bonds for ~59M shares; $77M bonds remain

  Closed July 22, 2025; holders exchanged $157M principal of 4.0% Exchangeable Bonds due 2025.

• July 16, 2025, 7:59 PM ET other material materiality 0.70 positive item 7.01item 9.01

  Transocean fleet report adds new contracts for 4 rigs, deepwater avg dayrate $449k-$464k

  Deepwater Atlas new firm contract with Beacon in USGOM: Jul-25 to Mar-26 at $505k, options up to $650k.

• June 20, 2025, 7:59 PM ET debt materiality 0.70 neutral item 3.02item 8.01item 9.01

  Transocean swaps ~$157M of 2025 exchangeable bonds for equity in private deal

  TIL subsidiary agreed with holders to exchange ~$157M aggregate principal of 4% exchangeable bonds due 2025 for common shares.

• June 3, 2025, 7:59 PM ET other material materiality 0.85 negative item 2.06item 3.02item 5.03item 5.02item 5.07item 9.01 ◈ Governance Changes ×3◈ Restructurings & Charges

  Transocean to take $1.1B-$1.2B impairment on rig disposals; Q2 charge expected

  Expects non-cash charge of $1.1B-$1.2B in Q2 2025 from disposing GSF Development Driller I and Discoverer Luanda.

• April 28, 2025, 7:59 PM ET earnings materiality 0.80 negative item 2.02item 9.01

  Transocean Q1 net loss $79M; revenue down 5% seq to $906M; adj EBITDA $244M

  Net loss attributable to controlling interest $79M ($0.11 diluted loss per share) vs net income $7M in Q4 2024.

• April 16, 2025, 7:59 PM ET other material materiality 0.70 positive item 7.01item 9.01

  Transocean fleet report shows new contracts with bp, Hess, Woodside; dayrates rising

  Deepwater Invictus new 3-yr bp contract at $485k/day starting Apr-25.

• February 18, 2025, 6:59 PM ET leadership materiality 0.65 neutral item 5.02item 7.01item 9.01 ◈ executive_change ×4

  Transocean CEO Jeremy Thigpen to step down in Q2 2025; Keelan Adamson named successor

  Keelan Adamson, current President and COO, to become President and CEO after transition ending Q2 2025.

• February 18, 2025, 6:59 PM ET earnings materiality 0.70 negative item 2.02item 9.01

  Transocean Q4 net income $7M; full-year net loss $512M; backlog $8.3B

  Q4 contract drilling revenues $952M, up $4M sequentially; revenue efficiency 93.5%.

• February 12, 2025, 6:59 PM ET other material materiality 0.65 positive item 7.01item 9.01

  Transocean fleet update: Deepwater Atlas, Invictus, Barents win new contracts; dayrates trending up

  Deepwater Atlas secured firm contracts with Beacon (dayrates $455k-$650k) through Sep 2026 and with bp ($635k) Jun 2028-May 2029.

• October 30, 2024, 7:59 PM ET earnings materiality 0.75 negative item 2.02item 9.01

  Transocean Q3 net loss $494M on $617M impairment; adjusted net income $64M

  Revenue $948M (+$87M QoQ, +$235M YoY); adjusted EBITDA $342M (36% margin).

• October 24, 2024, 7:59 PM ET other material materiality 0.70 positive item 7.01item 9.01

  Transocean fleet update: Deepwater Atlas secures $635k/day bp contract; Petrobras 10000 extended through 2029

  Deepwater Atlas: new Beacon firm contracts at $505k-$580k/day; bp firm at $635k/day (2028-2029).

• October 17, 2024, 7:59 PM ET other material materiality 0.70 positive item 7.01item 9.01

  Transocean secures $193M one-year drillship contract in U.S. Gulf of Mexico

  One-year contract for ultra-deepwater drillship Deepwater Conqueror with undisclosed operator.

• September 10, 2024, 7:59 PM ET other material materiality 0.65 positive item 7.01item 9.01

  Transocean secures $232M deepwater drillship contract with bp in Gulf of Mexico

  365-day contract for Deepwater Atlas with bp in U.S. Gulf of Mexico; includes 365-day option.

• September 4, 2024, 7:59 PM ET other material materiality 0.65 positive item 7.01item 9.01

  Transocean wins $123M drillship contract from Reliance for six wells offshore India

  Contract awarded to Dhirubhai Deepwater KG1 for six wells offshore India; estimated 300-day program.

• September 3, 2024, 7:59 PM ET other material materiality 0.75 negative item 2.06item 8.01item 9.01

  Transocean to sell two drillships for $342M, expects $630-645M impairment charge in Q3

  Development Driller III sold for $195M; Discoverer Inspiration sold for $147M; aggregate $342M.

• July 31, 2024, 7:59 PM ET other material materiality 0.75 positive item 7.01item 9.01

  Transocean secures $531M, 1,095-day contract with bp for Deepwater Invictus

  Contract for ultra-deepwater drillship Deepwater Invictus with bp in U.S. Gulf of Mexico.

• July 31, 2024, 7:59 PM ET earnings materiality 0.65 negative item 2.02item 9.01

  Transocean Q2 2024 net loss $123M, revenue $861M, backlog $8.64B

  Net loss attributable to controlling interest $123M ($0.15 diluted loss per share) vs prior quarter net income of $98M.

Executive changes

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.90 · Median 0.70 · Most common event other_material

25 positive 10 negative 15 neutral

source · RIG on sec.gov