DHT Holdings (NYSE: DHT) technical director discloses 729,917 shares and RSU grants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
DHT Holdings Technical Director Svenn Magne Edvardsen has reported his initial ownership in a Form 3. He directly holds 729,917 shares of common stock and three sets of restricted stock units (RSUs) covering 12,500, 25,000 and 50,000 underlying common shares, respectively.
The RSUs were granted on January 5, 2024, January 6, 2025 and January 6, 2026, with tranches vesting on January 5, 2027, January 5, 2028, January 5, 2029 and additional 12,500 units subject to market conditions prior to December 31, 2028. Each RSU represents a contingent right to receive one common share or its cash value, subject to continued employment or office on the relevant vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Edvardsen Svenn Magne
Role
Technical Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 12,500 shares (Direct);
Common Stock, par value $0.01 per share — 729,917 shares (Direct)
Footnotes (1)
- Restricted share units were granted on January 5, 2024, with 12,500 vesting on January 5, 2027. The above vesting is subject to continued employment or office, as applicable, as of the relevant vesting date. Each restricted stock unit represents a contingent right to receive, at settlement, one share Common stock or the cash value of one share Common stock. Restricted share units were granted on January 6, 2025, with 12,500 vesting on January 5, 2027 and 12,500 vesting on January 5, 2028. The above vesting is subject to continued employment or office, as applicable, as of the relevant vesting date. Restricted share units were granted on January 6, 2026, with 12,500 vesting on January 5, 2027, 12,500 vesting on January 5, 2028, 12,500 vesting on January 5, 2029, and the remaining 12,500 vesting subject to certain market conditions prior to December 31, 2028. The above vesting is subject to continued employment or office, as applicable, as of the relevant vesting date.
FAQ
What insider holdings does DHT Technical Director Svenn Magne Edvardsen report on this Form 3 for DHT?
Svenn Magne Edvardsen reports direct ownership of 729,917 DHT common shares. He also holds three RSU awards tied to 12,500, 25,000 and 50,000 underlying shares, giving him a mix of current equity and contingent stock-based compensation, subject to future vesting conditions.
How many DHT restricted stock units does Svenn Magne Edvardsen hold according to this Form 3?
Edvardsen holds RSUs linked to 12,500, 25,000 and 50,000 underlying DHT shares. These three RSU grants together represent multiple vesting tranches over several years, each convertible into one common share or its cash value upon settlement if conditions are met.
What are the vesting dates for DHT restricted stock units granted in 2024, 2025 and 2026 to Svenn Magne Edvardsen?
The 2024 grant vests 12,500 units on January 5, 2027. The 2025 grant vests 12,500 units on January 5, 2027 and 12,500 on January 5, 2028. The 2026 grant vests 37,500 units across 2027–2029, plus 12,500 subject to market conditions before December 31, 2028.
What conditions apply to DHT restricted stock units reported by Svenn Magne Edvardsen on this Form 3?
All RSU vesting is subject to continued employment or office at each vesting date. For the 2026 grant, 12,500 RSUs also depend on specified market conditions being satisfied before December 31, 2028, adding a performance element to that portion of the award.
How are DHT restricted stock units settled for Svenn Magne Edvardsen under this Form 3 disclosure?
Each restricted stock unit represents a contingent right to one DHT common share. At settlement, Edvardsen is entitled to receive either one share of common stock or the cash value of one share, depending on the plan’s terms and company decisions at that time.
Does the DHT Form 3 for Svenn Magne Edvardsen show any insider buying or selling activity?
The Form 3 lists holdings only and does not show buy or sell transactions. It provides an initial snapshot of Edvardsen’s direct common stock and RSU positions, rather than reporting new market trades or option exercises on the reporting date.