Ardmore Shipping director gains shares via RSUs

Ardmore Shipping Corp director Kirsi Tikka reported equity compensation activity involving restricted stock units (RSUs).

Rhea-AI Filing Summary

Ardmore Shipping Corp director Kirsi Tikka reported equity compensation activity involving restricted stock units (RSUs). On June 17, 2026, 8,474 RSUs, including 319 shares from dividend equivalent rights, vested and were settled into the same number of common shares, increasing her direct ownership to 43,945 shares. Separately, on June 15, 2026, she received a new grant of 4,841 RSUs that are scheduled to vest in full on June 15, 2027, subject to continued service. These transactions reflect option-style exercises and grants, with no open-market purchases or sales.

Insider Trade Summary

8,474 shares exercised/converted

Exercise 3 txns

Insider Tikka Kirsi

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	4,841	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units Award — 4,841 contracts (Direct); Common Stock — 43,945 shares (Direct)

Footnotes (3)

1. F1. 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).
2. F2. These RSUs vest in full on the date shown, subject to the reporting person's continued service to the Issuer through the vesting date.
3. F3. Includes 319 shares payable under associated dividend equivalent rights that became calculable upon vesting of the RSUs.

Key Figures

RSUs vested: 8,474 shares Dividend equivalent shares: 319 shares New RSU grant: 4,841 RSUs +2 more

5 metrics

RSUs vested 8,474 shares RSUs converted into common stock on June 17, 2026

Dividend equivalent shares 319 shares Included in the 8,474 vested RSUs

New RSU grant 4,841 RSUs Granted June 15, 2026, scheduled to vest June 15, 2027

Shares owned after transactions 43,945 shares Common stock directly held following June 17, 2026 events

Exercise/Conversion price $0.00 per share RSU exercises and new grants reported at zero price

Key Terms

Restricted Stock Units Award, dividend equivalent rights, vesting, Form 4, +1 more

5 terms

Restricted Stock Units Award financial

"Restricted Stock Units Award ("RSUs") represent a contingent right to receive one share..."

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 financial

"These RSUs vest in full on the date shown, subject to the reporting person's continued service..."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 regulatory

"INSIDER FILING DATA (Form 4): {"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

exercise or conversion of derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

FAQ

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

What insider transactions did Ardmore Shipping (ASC) director Kirsi Tikka report?

Director Kirsi Tikka reported RSU-related equity compensation activity. 8,474 restricted stock units vested into common shares, and she received a new grant of 4,841 RSUs scheduled to vest in 2027, with no open-market share sales or purchases disclosed.

How many Ardmore Shipping (ASC) shares does Kirsi Tikka hold after these Form 4 transactions?

After the transactions, Kirsi Tikka directly holds 43,945 shares of Ardmore Shipping common stock. This reflects settlement of 8,474 vested RSUs into shares while retaining a separate outstanding RSU award that may convert into additional shares upon future vesting.

What RSU grant did Kirsi Tikka receive from Ardmore Shipping (ASC) on June 15, 2026?

On June 15, 2026, Kirsi Tikka received a grant of 4,841 restricted stock units. Each RSU represents a right to receive one Ardmore Shipping common share, vesting in full on June 15, 2027, contingent on her continued service with the company.

How were dividend equivalent rights treated in Kirsi Tikka’s Ardmore Shipping (ASC) RSU vesting?

The vested RSUs included 319 shares from associated dividend equivalent rights. These rights accrue based on dividends declared on Ardmore Shipping’s common stock and convert into additional shares when the related RSUs vest, using the stock’s fair market value on the vesting or payment date.

Were there any open-market buy or sell transactions in this Ardmore Shipping (ASC) Form 4?

No open-market buys or sells were reported. The Form 4 shows non-cash equity compensation events: RSUs vesting and converting into common shares, plus a new RSU grant. All transactions are classified as acquisitions rather than market purchases or sales.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 07/07/2026 - 04:18 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tikka Kirsi

(Last) (First) (Middle)

C/O ARDMORE SHIPPING CORPORATION

DORCHESTER HOUSE, 7 CHURCH STREET

(Street)

HAMILTON HM11

(City) (State) (Zip)

BERMUDA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Ardmore Shipping Corp [ ASC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/17/2026		M		8,474	A	$0.0000	43,945	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units Award(1)	$0.0000	06/15/2026		A		4,841		06/15/2027(2)	06/15/2027	Common Stock	4,841	$0.0000	4,841	D
Restricted Stock Units Award(1)	$0.0000	06/17/2026		M			8,474(3)	06/17/2026(2)	06/17/2026	Common Stock	8,474	$0.0000	0.0000	D

Explanation of Responses:

1. 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).

2. These RSUs vest in full on the date shown, subject to the reporting person's continued service to the Issuer through the vesting date.

3. Includes 319 shares payable under associated dividend equivalent rights that became calculable upon vesting of the RSUs.

	/s/ John Russell, Attorney-in-Fact	07/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)