Nordic American Tankers Ltd (NYSE: NAT) – Vice Chairman Alexander Hansson increases holding above 5 million shares

Rhea-AI Summary

Nordic American Tankers (NYSE: NAT) announced that Non-Executive Vice Chairman and Board member Alexander Hansson has increased his shareholding by purchasing 300,000 shares at $2.72 per share. Following this transaction, Alexander Hansson now holds 5,050,000 shares in the company.

The Hansson family, which includes Founder, Chairman & CEO Herbjorn Hansson, has strengthened its position as the largest private shareholder group in NAT with a total ownership of 9,900,000 shares.

Positive

• Insider buying demonstrates management confidence in company's future
• Vice Chairman Alexander Hansson significantly increased position to over 5 million shares
• Hansson family strengthens position as largest private shareholder group with 9.9 million shares

Negative

• None.

News Market Reaction – NAT

+3.03%

+3.03% Session move

In the trading session that priced this news, NAT gained 3.03%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

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Wednesday, June 25, 2025

 

Dear Shareholders and Investors,

 

Non-Executive Vice Chairman and Board member of NAT, Alexander Hansson, has today bought 300,000 shares at $2.72 per share. He is now holding 5,050,000 shares.

Following this transaction, the Hansson family owns 9,900,000 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

How many shares did NAT Vice Chairman Alexander Hansson purchase in June 2025?

Alexander Hansson purchased 300,000 shares at $2.72 per share on June 25, 2025.

What is Alexander Hansson's total shareholding in Nordic American Tankers after the June 2025 purchase?

After the purchase, Alexander Hansson holds 5,050,000 shares in Nordic American Tankers.

How many shares does the Hansson family own in NAT?

The Hansson family owns 9,900,000 shares in Nordic American Tankers, making them the largest private shareholder group in the company.

What is the significance of NAT insider buying in June 2025?

The insider buying by Vice Chairman Alexander Hansson demonstrates management confidence in the company's future, with a substantial purchase of 300,000 shares.