DHT director exercises 29,796 RSUs, gets new grant
DHT Holdings director Erik Lind exercised 29,796 restricted stock units into the same number of common shares at an exercise price of $0.00 per share.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
DHT Holdings director Erik Lind exercised 29,796 restricted stock units into the same number of common shares at an exercise price of $0.00 per share. The award, granted on January 6, 2025, fully vested on June 2, 2026, and dividend equivalents were converted into additional units at vesting. Following these transactions, Lind directly owns 162,294 common shares and also received a new grant of 4,796 restricted stock units as equity compensation.
Insider Trade Summary
29,796 shares exercised/converted
Exercise
3 txns
Insider
Lind Erik
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,796 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 29,796 | $0.00 | $0.00 |
| Exercise | Common Stock | 29,796 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 162,294 shares (Direct)
Footnotes (2)
- F1. Represents dividend equivalents, which were accrued over the term of the award and converted into additional restricted stock units in connection with the vesting of the award.
- F2. Restricted stock units were granted on January 6, 2025 and fully vested on June 2, 2026. Each restricted stock unit represents a contingent right to receive, at settlement, one share of common stock or the cash value of one share of common stock. Each unit converted into a share of common stock at settlement.
Key Figures
RSUs exercised: 29,796 shares
Exercise price: $0.00 per share
New RSU grant: 4,796 units
+3 more
6 metrics
RSUs exercised
29,796 shares
Restricted stock units converted to common stock on June 2, 2026
Exercise price
$0.00 per share
Settlement price for 29,796 restricted stock units
New RSU grant
4,796 units
Restricted stock units granted as equity compensation
Shares owned after
162,294 shares
Common stock directly owned by Erik Lind following transactions
Grant date of vested RSUs
January 6, 2025
Original grant date of the restricted stock unit award
Vesting date of RSUs
June 2, 2026
Date RSU award fully vested and settled into shares
Key Terms
Restricted Stock Units, dividend equivalents, contingent right, vested
4 terms
Restricted Stock Units financial
"Restricted stock units were granted on January 6, 2025 and fully vested on June 2, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalents financial
"Represents dividend equivalents, which were accrued over the term of the award and converted into additional restricted stock units."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
contingent right financial
"Each restricted stock unit represents a contingent right to receive, at settlement, one share of common stock or the cash value of one share."
vested financial
"Restricted stock units were granted on January 6, 2025 and fully vested on June 2, 2026."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Erik Lind report on DHT (DHT) stock?
Erik Lind reported exercising 29,796 restricted stock units into common shares and receiving a new 4,796-unit restricted stock award. These are equity compensation-related acquisitions, not open-market purchases or sales, and increase his direct ownership in DHT Holdings, Inc.
What restricted stock activity did DHT director Erik Lind report on June 2, 2026?
On June 2, 2026, Erik Lind’s January 6, 2025 restricted stock unit award fully vested and converted 29,796 units into common shares at a price of $0.00 per share. He also received a new grant of 4,796 restricted stock units as part of his compensation.
Were Erik Lind’s DHT (DHT) Form 4 transactions open-market buys or sells?
The transactions were not open-market buys or sells. They involved exercising 29,796 restricted stock units into common shares and receiving a 4,796-unit restricted stock grant at $0.00 per unit, which are standard equity compensation events rather than market trades.
What are dividend equivalents in Erik Lind’s DHT restricted stock units?
Dividend equivalents are amounts that mirror dividends paid on common stock and accrue on unvested restricted stock units. For Erik Lind, these dividend equivalents accrued over the award’s term and were converted into additional restricted stock units when the award vested and settled into shares.
When did Erik Lind’s DHT restricted stock units vest according to the Form 4?
The restricted stock units were granted on January 6, 2025 and fully vested on June 2, 2026. Upon vesting, each unit represented a contingent right that settled into either one DHT common share or its cash value, and in this case converted into common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
