Report on transactions in TORM plc securities by directors and executive officers and their closely associated persons
Rhea-AI Summary
TORM (NASDAQ: TRMD, TRMD A) reported insider transactions by CEO and executive director Jacob Balslev Meldgaard. He exercised 170,133 restricted share units in TORM shares (ISIN: GB00BZ3CNK81) on 20 May 2026 for DKK 23,495,361 outside a trading venue.
Meldgaard also sold an aggregated 549,177 shares on Nasdaq Copenhagen on 18 and 20 May 2026 at prices around DKK 205–207 per share, for total proceeds of DKK 112,829,967.
Positive
- None.
Negative
- None.
News Market Reaction – A
In the May 21 session, A gained 0.89%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 20 | Equity incentive exercise | Neutral | +0.2% | TORM capital increase from Restricted Share Units under incentive program. |
| May 19 | Security contract win | Positive | -1.4% | Agilent TSA contract for Bulk Alarm Resolution Technology deployment. |
| May 14 | Dividend declaration | Positive | +0.5% | Crawford & Company board approved quarterly cash dividend. |
| May 11 | Conference participation | Neutral | +1.3% | Agilent scheduled fireside chat at Jefferies Global Healthcare Conference. |
| May 04 | Leadership change | Neutral | -2.0% | Agilent appointed new Chief Legal Officer replacing prior executive. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Across recent headlines, price reactions mostly aligned with the tone of news, with one notable divergence on a positive contract announcement.
Recent news spans several companies. For TORM, a May 20, 2026 capital increase via Restricted Share Units had only a modest positive reaction. Agilent’s TSA contract announcement on May 19, 2026 drew a negative move despite its positive nature, while a Jefferies conference appearance and a new Chief Legal Officer appointment in early May saw limited but generally aligned reactions. A Crawford & Company dividend declaration also saw a small positive move, underscoring mostly modest price sensitivity to these varied corporate updates.
Key Terms
isin regulatory
lei code regulatory
nasdaq copenhagen financial
forward-looking statements regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
HELLERUP,
Details of the reporting person / closely associated person | ||
Name | Jacob Balslev Meldgaard | |
Reason for the notification | ||
Position/status | CEO/Executive Director | |
Initial notification/Amendment | Initial notification | |
Details of the issuer | ||
Name | TORM plc | |
LEI code | 213800VL1H1ABVM1ZF63 | |
Details of the transaction(s) | ||
Description of the financial instrument Identification code | Shares (ISIN: GB00BZ3CNK81) | |
Nature of the transaction | Exercise of restricted share units | |
Price(s) and volume(s) | Price(s) | Volume(s) |
85,067 85,067 | ||
Aggregated information - Volume - Price | 170,133 shares | |
Date of the transaction | 20 May 2026 | |
Place of the transaction | Outside a trading venue | |
Details of the reporting person / closely associated person | ||
Name | Jacob Balslev Meldgaard | |
Reason for the notification | ||
Position/status | CEO/Executive Director | |
Initial notification/Amendment | Initial notification | |
Details of the issuer | ||
Name | TORM plc | |
LEI code | 213800VL1H1ABVM1ZF63 | |
Details of the transaction(s) | ||
Description of the financial instrument Identification code | Shares (ISIN: GB00BZ3CNK81) | |
Nature of the transaction | Sale | |
Price(s) and volume(s) | Price(s) | Volume(s) |
30,603 (a) 348,441 (b) 170,133 (c) | ||
Aggregated information - Volume - Price | 549,177 shares | |
Date of the transaction | (a) 18 May 2026 (b) 18 May 2026 (c) 20 May 2026 | |
Place of the transaction | Nasdaq | |
Contact
Mikael Bo Larsen, Head of Investor Relations
Tel.: +45 5143 8002
TORM is one of the world's leading carriers of refined oil products. TORM operates a fleet of product tanker vessels with a strong commitment to safety. environmental responsibility and customer service. TORM was founded in 1889 and conducts business worldwide. TORM's shares are listed on Nasdaq in
Safe Harbor Statement as to the Future
Matters discussed in this release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are statements other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. Words such as, but not limited to, "expects," "anticipates," "intends," "plans," "believes," "estimates," "targets," "projects," "forecasts," "potential," "continue," "possible," "likely," "may," "could," "should" and similar expressions or phrases may identify forward-looking statements.
The forward-looking statements in this release are based upon various assumptions, many of which are, in turn, based upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in our records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond our control, the Company cannot guarantee that it will achieve or accomplish these expectations, beliefs, or projections.
Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to, our future operating or financial results; changes in governmental rules and regulations or actions taken by regulatory authorities; inflationary pressure and central bank policies intended to combat overall inflation and rising interest rates and foreign exchange rates; general domestic and international political conditions or events, including "trade wars" and the war between
In the light of these risks and uncertainties, undue reliance should not be placed on forward-looking statements contained in this release because they are statements about events that are not certain to occur as described or at all. These forward-looking statements are not guarantees of our future performance, and actual results and future developments may vary materially from those projected in the forward-looking statements.
Except to the extent required by applicable law or regulation, the Company undertakes no obligation to release publicly any revisions or updates to these forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. Please see TORM's filings with the
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14-2026 - Report on transactions in TORM plc securities by directors and executive officers and their closely associated persons |
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SOURCE Torm PLC