Norsk Hydro: Primary insiders purchase shares
Rhea-AI Summary
On April 20, 2023, primary insiders in Norsk Hydro ASA acquired shares as part of the company's employee share purchase scheme in Norway. The shares were purchased at a price of NOK 77.24 each before discounts.
The following primary insiders participated:
- Hilde Merete Aasheim, President & CEO: 388 shares, New holding: 141,292
- Arvid Moss, EVP, Hydro Energy: 388 shares, New holding: 184,357
- Eivind Kallevik, EVP, Hydro Aluminium Metal: 388 shares, New holding: 85,382
- Hilde Vestheim Nordh, EVP, People & HSE: 388 shares, New holding: 11,146
- Pål Kildemo, EVP & CFO: 388 shares, New holding: 24,472
- Trond Olaf Christophersen, EVP, Corporate Development: 388 shares, New holding: 5,772
This transaction is in accordance with Section 5-12 of the Norwegian Securities Trading Act.
Positive
- Primary insiders are buying shares, indicating confidence in the company's performance.
- The share purchase scheme supports employee engagement and alignment with shareholders.
Negative
- None.
News Market Reaction
On the day this news was published, NHYDY declined 1.81%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Primary insiders in Norsk Hydro ASA have on April 20, 2023, acquired shares in Norsk Hydro ASA in connection with the company's share purchase scheme for employees in Norway.
See the list below for primary insiders who have purchased shares. The shares have been purchased at a subscription price of NOK 77.24 per share before discount.
| Name | Position | Shares purchased | New holding |
| Hilde Merete Aasheim | President & CEO | 388 | 141 292 |
| Arvid Moss | EVP, Hydro Energy | 388 | 184 357 |
| Eivind Kallevik | EVP, Hydro Aluminium Metal | 388 | 85 382 |
| Hilde Vestheim Nordh | EVP, People & HSE | 388 | 11 146 |
| Pål Kildemo | EVP & CFO | 388 | 24 472 |
| Trond Olaf Christophersen | EVP, Corporate Development | 388 | 5 772 |
Investor contact:
Line Haugetraa
+47 41406376
Line.Haugetraa@hydro.com
Media contact:
Halvor Molland
+47 92979797
Halvor.Molland@hydro.com
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
Attachments
- KRT-1500 - Arvid Moss
- KRT-1500 - Hilde Merete Aasheim
- KRT-1500 - Hilde Vestheim Nordh
- KRT-1500 - Paal Kildemo
- KRT-1500 - Trond Olaf Christophersen
- KRT-1500 Eivind Kallevik
FAQ
What is the latest insider trading activity for Norsk Hydro ASA (NHYDY)?
What was the subscription price for the shares purchased by insiders in Norsk Hydro (NHYDY)?
Who are the primary insiders that bought shares of Norsk Hydro ASA (NHYDY)?
How many shares did Hilde Merete Aasheim purchase in Norsk Hydro ASA (NHYDY)?
