Cadeler CEO and CFO receive RSU share deliveries

Both executives' reported transactions took place outside a trading venue on September 21, 2026.

Rhea-AI Filing Summary

Cadeler A/S (CDLR) disclosed transactions by its Chief Executive Officer, Mikkel Gleerup, and Chief Financial Officer, Peter Brogaard Hansen, on September 21, 2026. Gleerup received delivery of 104,401 shares underlying vested RSUs under the 2024 RSU Program at NOK 0. Hansen received delivery of 59,658 shares on the same terms. Each RSU represents the right to receive one new Cadeler share with a nominal value of DKK 1.00.

Gleerup also had 18,424 RSUs cash-settled at NOK 58.4192 per RSU, for a reported total price of NOK 1,076,315.34. Hansen had 10,528 RSUs cash-settled at the same price per RSU, for a reported total price of NOK 615,037.34. All reported transactions took place outside a trading venue.

Key Figures

Shares delivered to Mikkel Gleerup: 104,401 shares RSUs cash-settled for Mikkel Gleerup: 18,424 RSUs Price per RSU: NOK 58.4192 +4 more

7 metrics

Shares delivered to Mikkel Gleerup 104,401 shares Underlying vested RSUs; September 21, 2026

RSUs cash-settled for Mikkel Gleerup 18,424 RSUs September 21, 2026

Price per RSU NOK 58.4192 Reported for cash-settled RSUs

Total price for Mikkel Gleerup's cash-settled RSUs NOK 1,076,315.34 September 21, 2026

Shares delivered to Peter Brogaard Hansen 59,658 shares Underlying vested RSUs; September 21, 2026

RSUs cash-settled for Peter Brogaard Hansen 10,528 RSUs September 21, 2026

Total price for Peter Brogaard Hansen's cash-settled RSUs NOK 615,037.34 September 21, 2026

Key Terms

Restricted Share Units, 2024 RSU Program, Cash settlement

3 terms

Restricted Share Units financial

"vested Restricted Share Units (RSUs)"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

2024 RSU Program financial

"granted under Cadeler’s 2024 RSU Program"

Cash settlement financial

"Cash settlement of 18,424 RSUs"

Cash settlement is a process where, instead of exchanging physical assets like stocks or commodities, the parties involved settle the difference in value with money after a contract ends. For investors, it simplifies transactions by avoiding the need to handle or deliver the actual asset, making it quicker and more convenient to complete trades. This method ensures a straightforward way to settle agreements based on their final value.

FAQ

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

What RSU transactions did CDLR CEO Mikkel Gleerup report?

Mikkel Gleerup, Chief Executive Officer, received delivery of 104,401 shares underlying vested RSUs and had 18,424 RSUs cash-settled on September 21, 2026. The cash-settled RSUs had a reported price of NOK 58.4192 each and a total price of NOK 1,076,315.34.

What RSU transactions did CDLR CFO Peter Brogaard Hansen report?

Peter Brogaard Hansen, Chief Financial Officer, received delivery of 59,658 shares underlying vested RSUs and had 10,528 RSUs cash-settled on September 21, 2026. The cash-settled RSUs had a reported price of NOK 58.4192 each and a total price of NOK 615,037.34.

When and where did the reported CDLR RSU transactions occur?

The transactions occurred on September 21, 2026, outside a trading venue. The reports cover transactions by Chief Executive Officer Mikkel Gleerup and Chief Financial Officer Peter Brogaard Hansen.

What did Cadeler's 2024 RSU Program provide for each RSU?

Each RSU represented the right to receive one new Cadeler share with a nominal value of DKK 1.00. The reported share deliveries were for vested RSUs granted under the 2024 RSU Program.

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

Form 6-K: How Foreign Companies Report to the SEC →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/23/2026 - 01:08 PM Accepted by SEC EDGAR 09/23/2026 - 01:08 PM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of September 2026

Commission File Number: 001-41889

CADELER A/S

(Translation of registrant's name into English)

Kalvebod Brygge 43

DK-1560 Copenhagen V, Denmark

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or

Form 40-F.

Form 20-F x Form 40-F o

CADELER A/S: REPORTING ON TRANSACTIONS IN CADELER A/S SHARES BY PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED

WITH THEM

Copenhagen, September 22, 2026: Cadeler A/S (“Cadeler”) has received notification pursuant to

article 19 of the Market Abuse Regulation (EU) no. 596/2014 of the below transactions related to

shares in Cadeler A/S made by persons discharging managerial responsibilities in Cadeler A/S

and/or persons closely associated with them.

Mikkel Gleerup, Chief Executive Officer, and Peter Brogaard Hansen, Chief Financial Officer,

respectively, have made the transactions described in the attached notifications on the dates set

out therein.

Please see the attached files for further details.

For further information, please contact:

Mikkel Gleerup

CEO, Cadeler

+45 3246 3102

mikkel.gleerup@cadeler.com

Alexander Simmonds

EVP & CLO, Cadeler

+44 7376 174172

Alexander.simmonds@cadeler.com

About Cadeler:

Cadeler A/S (Cadeler) is a pure-play offshore wind installation partner and a global leader in

offshore wind turbine transport and installation. The company owns and operates the industry’s

largest fleet of jack-up offshore wind installation vessels and is expanding its capabilities into full-

scope foundation transport and installation, as well as operations & maintenance. With its

modern fleet and depth of expertise across onshore and offshore operations, Cadeler supports

the safe, efficient and reliable delivery of offshore wind projects worldwide. Cadeler is listed on

the New York Stock Exchange (ticker: CDLR) and the Oslo Stock Exchange (ticker: CADLR).

For more information, please visit www.cadeler.com.

Reporting of transactions made by persons discharging managerial responsibilities and

persons closely associated with them in Cadeler A/S’ shares

1	Details of the Reporting Person and their Closely Associated Persons
a)	Name	Mikkel Gleerup
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cadeler A/S
b)	LEI	9845008439EUED140282
4.1	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument and identification code	Shares ISIN DK0061412772
b)	Nature of the transaction	Delivery of the shares underlying 104,401 vested Restricted Share Units (RSUs) granted under Cadeler’s 2024 RSU Program each representing the right to receive one (1) new Cadeler share of nominally DKK 1.00
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 0	104,401

d)	Aggregated information Aggregated volume Price	Average price per share: NOK 0 Total number of shares: 104,401 shares Total price: NOK 0
e)	Date of the transaction	21 September 2026
f)	Place of the transaction	Outside a trading venue
4.2	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument and identification code	Restricted Share Units ISIN DK0061412772
b)	Nature of the transaction	Cash settlement of 18,424 RSUs each representing the right to receive one (1) new Cadeler share of nominally DKK 1.00
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 58.4192	18,424
d)	Aggregated information Aggregated volume Price	Average price per RSU: NOK 58.4192 Total number of RSUs: 18,424 Total price: NOK 1,076,315.34
e)	Date of the transaction	21 September 2026
f)	Place of the transaction	Outside a trading venue

Reporting of transactions made by persons discharging managerial responsibilities and

persons closely associated with them in Cadeler A/S’ shares

1	Details of the Reporting Person and their Closely Associated Persons
a)	Name	Peter Brogaard Hansen
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cadeler A/S
b)	LEI	9845008439EUED140282
4.1	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument and identification code	Shares ISIN DK0061412772
b)	Nature of the transaction	Delivery of the shares underlying 59,658 vested Restricted Share Units (RSUs) granted under Cadeler’s 2024 RSU Program each representing the right to receive one (1) new Cadeler share of nominally DKK 1.00
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 0	59,658

d)	Aggregated information Aggregated volume Price	Average price per share: NOK 0 Total number of shares: 59,658 shares Total price: NOK 0
e)	Date of the transaction	21 September 2026
f)	Place of the transaction	Outside a trading venue
4.2	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument and identification code	Restricted Share Units ISIN DK0061412772
b)	Nature of the transaction	Cash settlement of 10,528 RSUs each representing the right to receive one (1) new Cadeler share of nominally DKK 1.00
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 58.4192	10,528
d)	Aggregated information Aggregated volume Price	Average price per RSU: NOK 58.4192 Total number of RSUs: 10,528 Total price: NOK 615,037.34
e)	Date of the transaction	21 September 2026
f)	Place of the transaction	Outside a trading venue

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this

report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: September 22, 2026 CADELER A/S

(Registrant)

By:  /s/ Mikkel Gleerup

Name: Mikkel Gleerup

Title: Chief Executive Officer