Charles (Chuck) Lee, Director at Borr Drilling Ltd (BORR), bought 2,500,000 shares at $4.74 ($11.8M) on 2026-10-09, disclosed to the SEC on 2026-10-13.
Director Charles Lee purchased 2.5 million shares for $11.8 million at $4.74, marking the largest insider purchase in the company's history. This significant accumulation by a director suggests strong conviction in the stock's recovery trajectory following a sharp decline.
The stock has surged 16.94% over the past five days and is up 15.85% over the last 30 days, currently trading at $4.935. The shares are trading 25.79% below the 52-week high of $6.65.
The trade is a signal in itself, as the signal_flags indicate this is the 'largest_ever' purchase for the insider. Additionally, the stock's strong 30-day momentum of 15.85% provides a technical setup for continued upside.
The stock remains significantly undervalued relative to its 52-week high, trading 25.79% below it, which implies substantial downside risk if the current rally fails to sustain momentum. Furthermore, the high short interest of 14.53% could lead to a short squeeze or volatility if the price action reverses.
Nothing distinguishes this filing.
| Filing → |
| BORR | BUY | 2026-10-14 | $7.4M | — | Filing → |
| BORR | BUY | 2026-10-08 | $5.4M | — | Filing → |
| BORR | BUY | 2026-10-07 | $6.4M | — | Filing → |