Ardmore Shipping (ASC) director gains 8,474 shares from RSU vesting
Rhea-AI Filing Summary
Ardmore Shipping Corp director Mats Berglund reported routine equity compensation activity. On June 15, he received a grant of 5,125 Restricted Stock Units (RSUs), each representing a contingent right to one share of common stock that vests in full on the stated future vesting date, subject to continued service.
On June 17, previously granted RSUs vested and were converted into 8,474 shares of common stock, with associated dividend equivalent rights adding 319 shares. Following these transactions and the correction of 9,991 shares that were inadvertently omitted from an earlier Form 3, he directly holds 31,316 common shares and 5,125 RSUs, with no open-market buying or selling reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,474 shares
Net Buy
3 txns
Insider
BERGLUND MATS
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units Award | 8,474 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,474 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units Award | 5,125 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units Award — 5,125 shares (Direct);
Common Stock — 31,316 shares (Direct)
Footnotes (4)
- F1. Includes 9,991 shares of Issuer's Common Stock inadvertently omitted from the reporting person's Form 3 filed with the Securities and Exchange Commission on March 18, 2026.
- F2. Restricted Stock Units Award ("RSUs") represent a contingent right to receive one share of the Issuer's common stock per RSU. RSUs have associated dividend equivalent rights ("DERs") that vest and become payable in shares of the Issuer's common stock proportionately with the RSUs to which they relate. Upon vesting of RSUs, the number of shares issuable under the associated DERs becomes calculable, based on the quotient of the accrued dividends with respect to the vested RSUs, divided by the common stock's fair market value on such vesting date (or in the event dividends are declared, but not yet paid to stockholders as of a vesting date, on the date of payment to stockholders).
- F3. These RSUs vest in full on the date shown, subject to the reporting person's continued service to the Issuer through the vesting date.
- F4. Includes 319 shares payable under associated dividend equivalent rights that became calculable upon vesting of the RSUs.
Key Figures
RSUs vested to shares: 8,474 shares
Shares held after transactions: 31,316 shares
New RSU grant: 5,125 RSUs
+3 more
6 metrics
RSUs vested to shares
8,474 shares
Common stock received upon RSU vesting on June 17, 2026 at $0.00
Shares held after transactions
31,316 shares
Direct common stock holdings following June 17, 2026 activity
New RSU grant
5,125 RSUs
Restricted Stock Units granted on June 15, 2026, vesting in full later
Dividend equivalent shares
319 shares
Shares issued under dividend equivalent rights upon RSU vesting
Previously omitted shares
9,991 shares
Common shares omitted from Form 3 and now included in holdings
Exercise price of RSUs
$0.00 per share
Conversion of RSUs and related awards into common stock
Key Terms
Restricted Stock Units Award ("RSUs"), dividend equivalent rights, vesting date, Form 3
4 terms
Restricted Stock Units Award ("RSUs") financial
"Restricted Stock Units Award ("RSUs") represent a contingent right to receive"
dividend equivalent rights financial
"RSUs have associated dividend equivalent rights ("DERs") that vest and become payable"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
vesting date financial
"These RSUs vest in full on the date shown, subject to the reporting person's continued service"
Form 3 regulatory
"omitted from the reporting person's Form 3 filed with the Securities and Exchange Commission"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
What insider transactions did Ardmore Shipping (ASC) director Mats Berglund report?
Mats Berglund reported routine equity compensation activity, including a grant of 5,125 Restricted Stock Units and the vesting and conversion of earlier RSUs into 8,474 common shares, with no open-market purchases or sales disclosed in this filing.
What new Restricted Stock Units did Ardmore Shipping (ASC) grant to Mats Berglund?
Ardmore Shipping granted Mats Berglund 5,125 Restricted Stock Units at a zero exercise price. Each RSU represents a contingent right to receive one common share, vesting in full on the specified future date, subject to his continued service with the company.
What happened when Mats Berglund’s Ardmore Shipping (ASC) RSUs vested?
When Mats Berglund’s RSUs vested, they were converted into 8,474 shares of common stock at a stated price of $0.00. Dividend equivalent rights associated with those RSUs added 319 additional shares, reflecting accrued dividends paid in stock form.
Did the Ardmore Shipping (ASC) Form 4 disclose any open-market buying or selling?
The Form 4 shows no open-market purchases or sales. All activity relates to equity compensation: a new grant of Restricted Stock Units and the conversion of existing RSUs and dividend equivalent rights into common shares at a stated price of $0.00.
What correction did the Ardmore Shipping (ASC) Form 4 make to prior disclosures?
The filing notes that 9,991 shares of Ardmore Shipping common stock were inadvertently omitted from Mats Berglund’s earlier Form 3. These shares are now included in his reported direct holdings of 31,316 common shares following the RSU vesting transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
