StockWatch
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Marine Transportation
Insider TradingMay 29, 2026, 09:57 AM

Nordic American Tankers Vice-Chairman Buys 300,000 Shares at $5.16

AI Summary

Nordic American Tankers announced that Vice-Chairman Alexander Hansson purchased 300,000 shares at $5.16 each, increasing his personal holdings to 5,855,000 shares. Following this transaction, the Hansson family's collective ownership in the company reached 11,355,000 shares, representing 5.4% of the total outstanding shares. The family continues to be the largest private shareholder group, signaling strong confidence in the company's future prospects.

Key Highlights

  • Alexander Hansson, Vice-Chairman, bought 300,000 shares of Nordic American Tankers.
  • Shares were purchased at $5.16 per share.
  • Alexander Hansson's total holdings increased to 5,855,000 shares.
  • The Hansson family now collectively owns 11,355,000 shares.
  • The Hansson family's stake represents 5.4% of total outstanding shares.
  • The Hansson family remains the largest private shareholder group in NAT.