StockWatch
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Marine Transportation
Insider TradingJul 10, 2026, 09:40 AM

Nordic American Tankers CEO Buys 100,000 Shares for $6.03 Each

AI Summary

Nordic American Tankers Ltd's Founder, Chairman & CEO, Herbjorn Hansson, announced the purchase of 100,000 shares at $6.03 per share. This transaction increases his personal holding to 5,700,000 shares and the Hansson family's total ownership to 11,700,000 shares, maintaining their position as the largest private shareholder group. Hansson also noted an excellent market for the company's vessels.

Key Highlights

  • CEO Herbjorn Hansson purchased 100,000 shares of NAT.
  • The shares were bought at a price of $6.03 per share.
  • CEO's total holding in NAT now stands at 5,700,000 shares.
  • The Hansson family's total ownership in NAT is 11,700,000 shares.
  • The Hansson family remains the largest private shareholder group in the company.