Borr Drilling (BORR) has released an update.
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Borr Drilling Limited has awarded CEO Patrick Schorn 1 million restricted share units as a long-term incentive, aiming to align management’s interests with those of shareholders. The shares are set to vest between 2025 and 2026, with half being time-based and the remainder dependent on the company’s performance compared to industry peers.
For further insights into BORR stock, check out TipRanks’ Stock Analysis page.
