Nordic American Tankers Ltd (NYSE: NAT) – The Hansson family continues to buy more NAT shares

Nordic American Tankers (NYSE: NAT) announced insider share purchases by key executives.

Rhea-AI Summary

Nordic American Tankers (NYSE: NAT) announced insider share purchases by key executives. Founder, Chairman & CEO Herbjorn Hansson purchased 100,000 shares at $2.78 per share, while his son, Vice Chairman Alexander Hansson, acquired 100,000 shares at $2.76 per share. Following these transactions, Herbjorn Hansson now holds 4,850,000 shares and Alexander Hansson owns 4,750,000 shares. The Hansson family has become the largest private shareholder group in NAT with a combined ownership of 9,600,000 shares.

Positive

• Significant insider buying demonstrates management's confidence in the company's future
• The Hansson family has become the largest private shareholder group with 9.6M shares
• Both CEO and Vice Chairman increased their positions simultaneously, showing aligned leadership confidence

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+3.35% session move Open Argus

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News Market Reaction – NAT

The recorded move for NAT in the trading session of this news was +3.35%.

Data tracked by StockTitan Argus. Session date unavailable.

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Wednesday, June 4, 2025

 

Dear Shareholders and Investors,

 

Founder, Chairman & CEO, Herbjorn Hansson, and his son, Vice Chairman, Alexander Hansson, have today each bought 100,000 shares in NAT at $2.78 and $2.76 per share.

Following these transactions, father and son hold 4,850,000 and 4,750,000 shares, respectively.

The Hansson family together owns 9,600,000 NAT shares - being 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NAT shares did Herbjorn Hansson and Alexander Hansson purchase in June 2025?

Both Herbjorn Hansson and Alexander Hansson each purchased 100,000 shares of NAT, at $2.78 and $2.76 per share respectively.

What is the total number of NAT shares owned by the Hansson family after their June 2025 purchases?

The Hansson family owns a total of 9,600,000 NAT shares, making them the largest private shareholder group in the company.

What positions do Herbjorn and Alexander Hansson hold at Nordic American Tankers (NAT)?

Herbjorn Hansson serves as the Founder, Chairman & CEO, while his son Alexander Hansson holds the position of Vice Chairman.

How much does Herbjorn Hansson individually own in NAT shares after the June 2025 purchase?

After the purchase, Herbjorn Hansson holds 4,850,000 shares of NAT.

What is the significance of the Hansson family's NAT share purchases in June 2025?

The purchases demonstrate strong insider confidence in the company, as the Hansson family has become the largest private shareholder group in NAT.