Nordic American Tankers Ltd (NYSE: NAT) – Mandatory notification - The Hansson family purchase more shares and passes 5% ownership in NAT
Rhea-AI Summary
Nordic American Tankers (NYSE: NAT) announced that on December 22, 2025 Herbjorn Hansson, Founder, Chairman & CEO, purchased 200,000 shares at $3.50, raising his holding to 5,300,000 shares. Alexander Hansson, Vice-Chair, also purchased 200,000 shares at $3.50, raising his holding to 5,350,000 shares.
Collectively the Hansson family now holds 10,650,000 shares and has passed the 5% ownership threshold, triggering the mandatory market notification. The company has paid dividends for 113 consecutive quarters since listing in 1995.
Positive
- Insider purchase of 400,000 shares total at $3.50
- Hansson family now holds 10,650,000 shares
- Ownership crossed the 5% threshold, increasing transparency
- 113 consecutive dividend quarters since 1995
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
While NAT slipped 0.3%, several peers like TK (-0.86%), NGL (-2.16%) and PBT (-1.88%) also traded lower, suggesting broader sector softness but no momentum-clustered move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 18 | Asset sales & capex | Positive | -2.3% | Sale of two debt-free Suezmax tankers and agreements for two newbuildings. |
| Dec 12 | Market update | Positive | -0.6% | Disclosure of strong spot market and elevated TCE rates for Suezmax fleet. |
| Nov 28 | Earnings & dividend | Positive | -3.2% | Quarterly report with increased dividend and detailed operating metrics. |
| Nov 21 | AGM results | Positive | +3.2% | All AGM resolutions approved, board elected, auditors appointed amid strong markets. |
| Nov 03 | Newbuild LOI | Positive | -1.4% | Letter of intent to build two Suezmax tankers at defined price and timeline. |
Recent fundamentally positive updates (strong markets, newbuildings, dividend, asset sales) often saw flat-to-negative next-day moves, with only the AGM outcome aligning positively with price.
Over the last two months, NAT has reported several constructive developments: a $0.13 dividend marking the 113th consecutive quarterly payout, a fleet of 20 Suezmax tankers generating solid TCEs, and a letter of intent plus later agreements for two newbuildings targeted for H2 2028. It also sold two older Suezmax vessels for $50M, expecting a $14M book profit. Despite mostly positive operating and strategic news, share reactions were often muted or negative, framing today’s insider buying against a backdrop of earlier divergence.
Market Pulse Summary
This announcement details significant insider buying, with the Hansson family acquiring 400,000 shares at $3.50 and lifting their collective stake to 10,650,000 shares, above the 5% threshold. It comes after a series of largely positive updates on fleet earnings, dividends, and vessel transactions. Investors following this name often monitor ongoing dividend continuity, fleet employment and rates, and any further insider activity to gauge how company insiders view future prospects.
AI-generated analysis. Not financial advice.
Monday, December 22, 2025
Dear Shareholders and Investors,
I am pleased to disclose that I, as the Founder, Chairman & CEO of NAT, today have bought 200,000 shares at
Simultaniously, my son, Alexander Hansson, Vice-Chair of NAT has bought 200,000 shares at
Following this transaction, our family collectively owns 10,650,000 shares and has passed the
As in the past, the Hansson family is the largest private shareholder group in the company.
NAT has paid dividend for 113 consequitive quarters, after becoming stocklisted in 1995.
Prospects for our group are good.
For further informationon on Nordic American Tankers, please see
For contacts, please see at the end of this communication.
Sincerely,
Herbjorn Hansson
Founder, Chairman & CEO
Nordic American Tankers Ltd. www.nat.bm
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Matters discussed in this press 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 include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are 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. The words “believe,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “will,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand in the tanker market, as a result of changes in OPEC’s petroleum production levels and worldwide oil consumption and storage, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other important factors described from time to time in the reports filed by the Company with
the Securities and Exchange Commission, including the prospectus and related prospectus supplement, our Annual Report on Form 20-F, and our reports on Form 6-K.
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
What did Herbjorn Hansson disclose for Nordic American Tankers (NAT) on December 22, 2025?
How many shares did Alexander Hansson buy and what is his total NAT holding after the purchase?
What is the Hansson family’s total NAT ownership and why is it material?
When did NAT begin paying dividends and how many consecutive quarters have been paid?
At what price were the December 22, 2025 insider purchases executed for NAT?
