Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more NAT shares, bringing the family holding to 10 million shares

Rhea-AI Summary

Nordic American Tankers (NYSE: NAT) announced that Founder, Chairman & CEO Herbjorn Hansson has purchased 100,000 shares at $2.74 per share, increasing his personal holdings to 4,950,000 shares. Following this transaction, the Hansson family's total ownership has reached 10 million shares, establishing them as the company's largest private shareholder group.

Positive

• CEO's significant share purchase demonstrates confidence in company's future
• Hansson family becomes largest private shareholder with 10 million shares
• Insider buying at $2.74 per share shows management's belief in stock value

Negative

• None.

News Market Reaction – NAT

-1.10%

-1.10% Session move

In the trading session that priced this news, NAT declined 1.10%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

 

Thursday, June 26, 2025

 

Dear Shareholders and Investors,

Founder, Chairman & CEO, Herbjorn Hansson, has today bought 100,000 shares at $2.74 per share. He is now holding 4,950,000 shares.

Following this transaction, the Hansson family has reached 10 million shares, and is the largest private shareholder group in the company.

For contacts, please see at the end of this communication.

Sincerely,

Herbjorn Hansson
Founder, Chairman & CEO

Nordic American Tankers Ltd.                                                        www.nat.bm

 

 

Contacts:       

Bjørn Giæver, CFO                                                             
Nordic American Tankers Ltd                                             
Tel: +1 888 755 8391                                  

Alexander Kihle, Finance Manager
Nordic American Tankers Ltd
Tel: +47 91 724 171    

 

FAQ

How many NAT shares did CEO Herbjorn Hansson purchase on June 26, 2025?

CEO Herbjorn Hansson purchased 100,000 shares at $2.74 per share on June 26, 2025.

What is the total number of NAT shares owned by Herbjorn Hansson after the recent purchase?

After the recent purchase, Herbjorn Hansson personally owns 4,950,000 shares of Nordic American Tankers.

How many NAT shares does the Hansson family own in total?

The Hansson family owns a total of 10 million shares, making them the largest private shareholder group in Nordic American Tankers.

What is the significance of the Hansson family's NAT share ownership?

The Hansson family has become the largest private shareholder group in Nordic American Tankers, demonstrating significant insider confidence in the company.