Report of transactions in TORM plc securities by directors and executive officers and their closely associated persons

TORM plc (A / NASDAQ: TRMD A) disclosed a director transaction dated 12 March 2026.

Rhea-AI Summary

TORM plc (A / NASDAQ: TRMD A) disclosed a director transaction dated 12 March 2026. CEO and executive director Jacob Balslev Meldgaard sold 223,555 shares of TORM ordinary shares (ISIN GB00BZ3CNK81) on Nasdaq Copenhagen at DKK 163.46 per share, aggregating to DKK 36,451,115. The notification was filed as an initial notification. Investor relations contact: Mikael Bo Larsen.

Argus Mar 17 session

-1.74% close to close Open Argus

Details

News Market Reaction – TRMD

On Mar 17, the day this news came out, TRMD closed 1.74% below the previous close.

Data tracked by StockTitan Argus for the Mar 17 session.

Market Context

This announcement details a CEO share sale of 223,555 shares at DKK 163.46, totaling DKK 36,451,115,...

Analysis

This announcement details a CEO share sale of 223,555 shares at DKK 163.46, totaling DKK 36,451,115, executed on Nasdaq Copenhagen. It follows recent capital increases from RSU exercises, a major shareholder update, and 2025 results with dividend and 2026 guidance. Investors may track future insider filings, changes in major holdings, and upcoming AGM decisions alongside operating performance to assess how governance developments intersect with the existing uptrend from the $21.40 200-day MA.

Key Figures

Sale price: DKK 163.46 per share Shares sold: 223,555 shares Transaction value: DKK 36,451,115 +5 more

Sale price

DKK 163.46 per share

CEO share sale on 12 March 2026

Shares sold

223,555 shares

CEO transaction volume on Nasdaq Copenhagen

Transaction value

DKK 36,451,115

Aggregated value of CEO share sale

Current price

$25.29

Pre-news close vs. insider sale disclosure

52-week high

$31.759

Upper end of 52-week trading range

52-week low

$13.60

Lower end of 52-week trading range

Market cap

$2,459,344,799

Equity value prior to this insider transaction notice

Transaction date

12 March 2026

Date of CEO sale on Nasdaq Copenhagen

Historical Context

5 past events · Latest: Mar 16

5 events

1. Mar 16

   RSU capital increase

   24h Move

   +2.0%

   Share capital increased via 106,468 RSUs exercised and listed in Copenhagen.

2. Mar 09

   Major holder update

   24h Move

   +1.5%

   Oaktree-linked entity disclosed a 23.39% ownership stake in TORM.

3. Mar 05

   AGM notice

   24h Move

   -5.8%

   Formal notice and full proposals released for the 2026 AGM.

4. Feb 26

   Incentive program

   24h Move

   +5.2%

   Long-term RSU program adopted for employees and executive director.

5. Feb 26

   Results & dividend

   24h Move

   +5.2%

   Full-year 2025 results, Q4 dividend, and 2026 EBITDA/TCE outlook announced.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

lei code, isin

2 terms

lei code regulatory

"LEI code | 213800VL1H1ABVM1ZF63"

A LEI code is a 20-character, globally recognized identifier assigned to companies and other legal entities that take part in financial transactions; think of it as a corporate passport or social-security number for businesses. Investors and regulators use LEIs to unambiguously identify who is on each side of trades, improve transparency, meet reporting requirements, and assess counterparty and market risk, so an entity’s LEI affects compliance, trade processing and how easily its filings can be interpreted.

isin regulatory

"Shares (ISIN: GB00BZ3CNK81)"

A 12-character International Securities Identification Number (ISIN) is a unique code that acts like a passport for a specific stock, bond or other tradable security so it can be identified worldwide. Investors and systems use it to ensure they are buying, selling and tracking the exact same instrument across exchanges and data feeds, which prevents costly mix-ups and makes portfolio reporting, settlement and regulatory checks simpler and more reliable.

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HELLERUP, Denmark, March 17, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has been notified of the following transaction in TORM plc securities:

Details of the reporting person / closely associated person
Name	Jacob Balslev Meldgaard
Reason for the notification
Position/status	CEO/Executive Director
Initial notification/Amendment	Initial notification
Details of the issuer
Name	TORM plc
LEI code	213800VL1H1ABVM1ZF63
Details of the transaction(s)
Description of the financial instrument Identification code	Shares (ISIN: GB00BZ3CNK81)
Nature of the transaction	Sale
Price(s) and volume(s)	Price(s)	Volume(s)
	DKK 163.46/share	223,555
Aggregated information - Volume - Price	223,555 shares DKK 36,451,115
Date of the transaction	12 March 2026
Place of the transaction	Nasdaq Copenhagen

Contact
Mikael Bo Larsen, Head of Investor Relations
Tel.: +45 5143 8002

About TORM

TORM is one of the world's leading carriers of refined oil products. TORM operates a fleet of product tanker vessels with a strong commitment to safety. environmental responsibility and customer service. TORM was founded in 1889 and conducts business worldwide. TORM's shares are listed on Nasdaq in Copenhagen and on Nasdaq in New York (ticker: TRMD A and TRMD. ISIN: GB00BZ3CNK81). For further information, please visit www.torm.com.

Safe Harbor Statement as to the Future

Matters discussed in this 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 reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are statements 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. Words such as, but not limited to, "expects," "anticipates," "intends," "plans," "believes," "estimates," "targets," "projects," "forecasts," "potential," "continue," "possible," "likely," "may," "could," "should" and similar expressions or phrases may identify forward-looking statements.

The forward-looking statements in this release are based upon various assumptions, many of which are, in turn, based upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in our records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond our control, the Company cannot guarantee that it will achieve or accomplish these expectations, beliefs, or projections.

Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to, our future operating or financial results; changes in governmental rules and regulations or actions taken by regulatory authorities; inflationary pressure and central bank policies intended to combat overall inflation and rising interest rates and foreign exchange rates; general domestic and international political conditions or events, including "trade wars" and the war between Russia and Ukraine, the developments in the Middle East, including the war in Israel and the Gaza Strip, and the conflict regarding the Houthis' attacks in the Red Sea; international sanctions against Russian oil and oil products; changes in economic and competitive conditions affecting our business, including market fluctuations in charter rates and charterers' abilities to perform under existing time charters; changes in the supply and demand for vessels comparable to ours and the number of new buildings under construction; the highly cyclical nature of the industry that we operate in; the loss of a large customer or significant business relationship; changes in worldwide oil production and consumption and storage; risks associated with any future vessel construction; our expectations regarding the availability of vessel acquisitions and our ability to complete acquisition transactions planned; availability of skilled crew members other employees and the related labor costs; work stoppages or other labor disruptions by our employees or the employees of other companies in related industries; effects of new products and new technology in our industry; new environmental regulations and restrictions; the impact of an interruption in or failure of our information technology and communications systems, including the impact of cyber-attacks, upon our ability to operate; potential conflicts of interest involving members of our Board of Directors and Senior Management; the failure of counterparties to fully perform their contracts with us; changes in credit risk with respect to our counterparties on contracts; adequacy of insurance coverage; our ability to obtain indemnities from customers; changes in laws, treaties or regulations; our incorporation under the laws of England and Wales and the different rights to relief that may be available compared to other countries, including the United States; government requisition of our vessels during a period of war or emergency; the arrest of our vessels by maritime claimants; any further changes in U.S. trade policy that could trigger retaliatory actions by the affected countries; the impact of the U.S. presidential and congressional election results affecting the economy, future government laws and regulations and trade policy matters, such as the imposition of tariffs and other import restrictions; potential disruption of shipping routes due to accidents, climate-related incidents, adverse weather and natural disasters, environmental factors, political events, public health threats, acts by terrorists or acts of piracy on ocean-going vessels; damage to storage and receiving facilities; potential liability from future litigation and potential costs due to environmental damage and vessel collisions; and the length and number of off-hire periods and dependence on third-party managers.

In the light of these risks and uncertainties, undue reliance should not be placed on forward-looking statements contained in this release because they are statements about events that are not certain to occur as described or at all. These forward-looking statements are not guarantees of our future performance, and actual results and future developments may vary materially from those projected in the forward-looking statements.

Except to the extent required by applicable law or regulation, the Company undertakes no obligation to release publicly any revisions or updates to these forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. Please see TORM's filings with the U.S. Securities and Exchange Commission for a more complete discussion of certain of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/torm-plc/r/report-of-transactions-in-torm-plc-securities-by-directors-and-executive-officers-and-their-closely-,c4322210

The following files are available for download:

https://mb.cision.com/Main/21247/4322210/3986240.pdf

08-2026 - Report of transactions in TORM plc securities by directors and executive officers and their closely associated persons

 

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SOURCE Torm PLC

FAQ

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

What transaction did TORM plc CEO Jacob Balslev Meldgaard report on 12 March 2026 (A)?

He sold 223,555 TORM shares on 12 March 2026. According to the company, the sale occurred on Nasdaq Copenhagen at DKK 163.46 per share, totaling DKK 36,451,115 and filed as an initial notification.

How many shares and what value did the 12 March 2026 sale by TORM plc CEO represent (A)?

The sale comprised 223,555 shares valued at DKK 36,451,115. According to the company, the shares (ISIN GB00BZ3CNK81) were sold at DKK 163.46 per share on Nasdaq Copenhagen.

Where and at what price were TORM plc shares sold by the CEO on 12 March 2026 (A)?

The shares were sold on Nasdaq Copenhagen at DKK 163.46 per share. According to the company, the transaction date is 12 March 2026 and involved 223,555 ordinary shares (ISIN GB00BZ3CNK81).

Who filed the notification for the TORM plc director sale reported on 17 March 2026 (A)?

The notification identifies Jacob Balslev Meldgaard as reporting person and CEO. According to the company, the notice was an initial notification reporting his 12 March 2026 sale of 223,555 shares.

How can investors get more information about the TORM plc director transaction dated 12 March 2026 (A)?

Investors can contact investor relations for details. According to the company, Mikael Bo Larsen, Head of Investor Relations, is listed with telephone +45 5143 8002 for further inquiries.