FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Morand De Oliveira Bruno

(Last) (First) (Middle)
C/O BORR DRILLING LIMITED
2ND FLOOR 9 PAR-LA-VILLE ROAD

(Street)
HAMILTON HM11

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Borr Drilling Ltd [ BORR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 06/17/2026 06/17/2026 P V 275,000 A $ 1.66 969,828 (1) D  
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option to Purchase Common Shares $ 1.66 06/17/2026 06/17/2026 M V 91,667   08/01/2023 (2) 08/12/2026 Common Shares 91,667 $ 1.66 91,667 D  
Employee Stock Option to Purchase Common Shares $ 1.66 06/17/2026 06/17/2026 M V 91,667   08/01/2024 (2) 08/12/2026 Common Shares 91,667 $ 1.66 91,667 D  
Employee Stock Option to Purchase Common Shares $ 1.66 06/17/2026 06/17/2026 M V 91,666   08/01/2025 (2) 08/12/2026 Common Shares 91,666 $ 1.66 91,666 D  
Employee Stock Option to Purchase Common Shares $ 3.66             03/01/2024 (3) 09/01/2027 Common Shares 66,667   0 D  
Employee Stock Option to Purchase Common Shares $ 4.41             03/01/2025 (3) 09/01/2027 Common Shares 66,667   0 D  
Employee Stock Option to Purchase Common Shares $ 5.16             03/01/2026 (3) 09/01/2027 Common Shares 66,666   0 D  
Employee Stock Option to Purchase Common Shares $ 6.54             08/15/2025 (4) 08/15/2029 Common Shares 75,000   0 D  
Employee Stock Option to Purchase Common Shares $ 6.54             08/15/2026 (4) 08/15/2029 Common Shares 75,000   0 D  
Employee Stock Option to Purchase Common Shares $ 6.54             08/15/2027 (4) 08/15/2029 Common Shares 75,000   0 D  
Employee Stock Option to Purchase Common Shares $ 6.31             03/01/2025 (5) 11/17/2028 Common Shares 100,000   0 D  
Employee Stock Option to Purchase Common Shares $ 6.31             03/01/2026 (5) 11/17/2028 Common Shares 100,000   0 D  
Employee Stock Option to Purchase Common Shares $ 6.31             03/01/2027 (5) 11/17/2028 Common Shares 100,000   0 D  
Explanation of Responses:
1. Includes (a) 183,276 restricted stock units (RSUs) that vest in full on September 1, 2026, (b) 183,276 RSUs that vest in full on September 1, 2027, (c) 183,276 RSUs that vest in full on September 1, 2028, each conditional upon continuous employment with the Issuer at the date of vesting. Each RSU represents a contingent right to receive one common share and (d) full exercise of 2021 Plan Options
2. Grant of options on August 12, 2021 - options 1/3 vest every August 1 between 2023 and 2025 with strike price as at date of filing. Options were exercised for cash on June 17, 2026
3. Grant of options on September 1, 2022 - options 1/3 vest every March 1 between 2024 and 2026 with staggered strike price as at date of filing
4. Grant of options on August 15, 2024 - options 1/3 vest every August 15 between 2025 and 2027 with strike price as at date of filing
5. Grant of options on November 17, 2023 - options 1/3 vest every March 1 between 2025 and 2027 with strike price as at date of filing
/s/ Temi Bankole as attorney-in-fact 06/19/2026
** Signature of Reporting Person Date
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