Norsk Hydro: Primary insiders purchase shares
On April 20, 2023, primary insiders in Norsk Hydro ASA acquired shares as part of the company's employee share purchase scheme in Norway.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Details
News Market Reaction – NHYDY
The recorded move for NHYDY in the trading session of this news was -1.81%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.