Insider TradingMay 21, 2026, 04:56 PM
TORM CEO Sells 549,177 Shares for DKK 112.8M After RSU Exercise
AI Summary
TORM plc reported that CEO Jacob Meldgaard sold 549,177 shares for a total of DKK 112,829,967, following the exercise of 170,133 restricted share units. Concurrently, the company announced a capital increase of 215,635 Class A common shares as a result of RSU exercises under its incentive program. This capital increase brings TORM's total share capital to USD 1,023,389.74, comprising 102,338,974 A-shares.
Key Highlights
- TORM CEO Jacob Meldgaard sold 549,177 shares for DKK 112,829,967.
- The sale by the CEO occurred after exercising 170,133 restricted share units.
- TORM plc increased its share capital by 215,635 Class A common shares.
- New shares were subscribed for in cash at DKK 0.07, DKK 131.80, and DKK 144.40.
- Total share capital is now USD 1,023,389.74, divided into 102,338,974 A-shares.
Price Impact
More from TRMD