Transocean (RIG) CEO pay: -$5.6M in FY2024 after Item 402(v) adjustments
$RIG · Transocean Ltd.Data through FY2024 — latest proxy filed 2025-04-01, checked for new filings 2026-08-21. Every number links to its source.
Pay vs. Performance (Compensation Actually Paid)
What the CEO was actually paid, by fiscal year
A negative figure is not pay returned. Compensation Actually Paid re-values unvested equity every year, so when a stock falls, the write-down on awards granted earlier can exceed everything granted that year. How CAP is calculated
What $100 invested was worth, company vs peer group
Pay-vs-Performance table
| FY | CEO pay on paper | CEO pay actually earned | Other top execs (avg) | Value of $100 invested since FY2020 | Same, peer group since FY2020 | Net income |
|---|---|---|---|---|---|---|
| 2024 | $10.9M | -$5.6M | -$512,328 | $55.00 | $102.00 | -$512.0M |
| 2023 | $11.4M | $21.7M | $7.6M | $92.00 | $115.00 | -$954.0M |
| 2022 | $11.7M | $19.0M | $6.4M | $66.00 | $113.00 | -$621.0M |
| 2021 | $13.7M | $14.6M | $5.0M | $40.00 | $70.00 | -$591.0M |
| 2020 | $6.5M | $3.4M | $1.7M | $34.00 | $58.00 | -$568.0M |
A negative figure is not pay returned. Compensation Actually Paid re-values unvested equity every year, so when a stock falls, the write-down on awards granted earlier can exceed everything granted that year. How CAP is calculated
Frequently asked
How much did the RIG CEO make in 2024?
-$5,609,409 in Compensation Actually Paid (CAP) as Transocean Ltd.'s CEO (the filing reports this year's PEO pay without tagging which named executive it belongs to), updated 2025-04-01. CAP is negative here: Item 402(v) adjustments to prior-year equity and pension values exceeded the year's reported total. It is an SEC-defined fair-value measure, not an amount repaid.
What is pay vs. performance (PvP)?
An SEC disclosure (Item 402(v), required since FY2022) linking named-executive pay to company total shareholder return (TSR) over up to 5 years.
What is Compensation Actually Paid (CAP)?
CAP starts from the Summary Compensation Table total and adjusts equity awards to fair value as of each year-end/vesting date, rather than grant-date value — see the glossary entry for the full walk-through.
Also on RIG: SEC & DOJ enforcement actions · CEO track-record ranking · Glossary