BW Group updates DHT Holdings (NYSE: DHT) stake to 8.37% with recent sales

Rhea-AI Filing Summary

BW Group Limited has updated its ownership position in DHT Holdings. As of February 23, 2026, BW Group reports beneficial ownership of 13,461,181 shares of DHT common stock, representing 8.37% of the company’s outstanding shares, based on 160,799,407 shares outstanding as of December 31, 2025.

BW Group has sole voting and dispositive power over all these shares. The filing also lists a series of recent open-market sales through a broker, including several transactions of 200,000 shares each at weighted average prices generally in the mid‑teens per share between late January and mid‑February 2026.

Insights

Equity ownership and governance analyst

BW Group reports an 8.37% stake in DHT after multiple open‑market sales.

BW Group Limited now reports beneficial ownership of 13,461,181 DHT shares, or 8.37% of outstanding common stock, with sole voting and dispositive power. This makes BW Group a significant shareholder with clear control over how these shares are voted and potentially sold.

The amendment details several recent open market sales via a broker, including multiple blocks of 200,000 shares at weighted average prices around the mid‑teens per share from January 29, 2026 to February 19, 2026. These transactions reflect active trading but don’t state any strategic rationale.

Future Schedule 13D or 13G amendments and company filings may further clarify BW Group’s longer‑term intentions regarding its stake and any changes in ownership level or governance stance.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 11)

DHT Holdings

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

Y2065G121

(CUSIP Number)

Nicholas Fell, BW Maritime Pte
Mapletree Business City, #18-01, 10 Pasir Panjang Road
Singapore, U0, 117438
65 (0) 6434 5818

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

02/19/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. Y2065G121

1

Name of reporting person

BW Group Limited

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

BERMUDA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 13,461,181.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 13,461,181.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

13,461,181.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

8.37 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

This percentage is based on a total of 160,799,407 shares of Common Stock outstanding as of December 31, 2025, as reported in the Report of Foreign Issuer on Form 6-K filed by the Issuer on February 5, 2026.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value $0.01 per share
(b)	Name of Issuer: DHT Holdings
(c)	Address of Issuer's Principal Executive Offices: Clarendon House, 2 Church Street, Hamilton, BERMUDA , HM 11.
Item 1 Comment: This Amendment No. 11 to Schedule 13D ("Amendment No. 11") is being filed by BW Group Limited Comment: ("BWG"), pursuant to 240.13d-2(a) under the Act, with respect to the Common Stock, par value $0.01 per share ("Common Stock"), of DHT Holdings, Inc., a company incorporated in the Republic of the Marshall Islands (the "Issuer"), whose principal executive offices are located at Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda. This Amendment No. 11 amends and supplements the statement on the Schedule 13D originally filed by BWG with the Securities and Exchange Commission (the "SEC") on April 3, 2017, and amended by Amendment No. 1, filed with the SEC on May 14, 2018, Amendment No. 2, filed with the SEC on February 26, 2019, Amendment No. 3, filed with the SEC on May 21, 2019, Amendment No. 4, filed with the SEC on November 22, 2019, Amendment No. 5, filed with the SEC on March 31, 2020, Amendment No. 6, Amendment No. 7, filed with the SEC on May 7, 2024, Amendment No. 8, filed with the SEC on September 10, 2025, Amendment No. 9, filed with the SEC on November 17, 2025 and Amendment No. 10, filed with the SEC on January 30, 2026 (collectively with this Amendment No. 11, the "Schedule 13D"). Except as specifically provided herein, this Amendment No. 11 does not modify any of the information previously reported in the Schedule 13D. Capitalized terms used herein and not otherwise defined in this Amendment No. 11 have the meanings set forth in the Schedule 13D.
Item 5.	Interest in Securities of the Issuer
(a)	As of February 23, 2026, BWG may be deemed to beneficially own 13,461,181 shares of Common Stock, representing approximately 8.37% of the outstanding shares of Common Stock. The foregoing beneficial ownership percentage is based on a total of 160,799,407 shares of Common Stock outstanding as of December 31, 2025, as reported in the Report of Foreign Issuer on Form 6-K filed by the Issuer on February 5, 2026.
(b)	BWG has sole voting power and sole dispositive power over 13,461,181 shares of Common Stock.
(c)	The below chart reflects the transactions in Common Stock effected by BWG during the past 60 days. All of the shares of Common Stock were sold in open market transactions through a broker. Trade date No. of Shares Sold Average Price(1) Transaction Price Range 29-Jan-26 (200,000) $13.77 $13.675 to $14.115 30-Jan-26 (200,000) $14.23 $14.04 to $14.345 2-Feb-26 (200,000) $14.24 $14.10 to $14.40 3-Feb-26 (200,000) $14.19 $14.00 to $14.45 4-Feb-26 (193,351) $14.07 $14.00 to $14.19 5-Feb-26 (206,649) $14.19 $14.07 to $14.305 6-Feb-26 (200,000) $14.62 $14.18 to $14.89 9-Feb-26 (200,000) $14.88 $14.735 to $14.98 19-Feb-26 (200,000) $16.63 $16.395 to $16.91 (1) Reflects the weighted average sale price per share of Common Stock sold in multiple transactions. BWG undertakes to provide the SEC staff, upon request, all information regarding the number of shares sold at each separate price within the ranges set forth above.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BW Group Limited

Signature:	/s/ Nicholas John Oxleigh Fell
Name/Title:	Nicholas John Oxleigh Fell/Authorized Signatory
Date:	02/23/2026

FAQ

What percentage of DHT (DHT) does BW Group currently own?

BW Group Limited reports beneficial ownership of 13,461,181 DHT common shares, representing about 8.37% of the outstanding stock. This percentage is based on 160,799,407 shares outstanding as of December 31, 2025, from DHT’s Form 6-K filing.

How many DHT (DHT) shares does BW Group control and what powers do they have?

BW Group reports beneficial ownership of 13,461,181 DHT common shares. It states it has sole voting power and sole dispositive power over all these shares, meaning it alone can decide how they are voted and when they are sold.

What recent DHT (DHT) stock transactions did BW Group report?

The filing lists several open market sales through a broker over the prior 60 days, including multiple blocks of 200,000 shares. Weighted average sale prices generally ranged in the mid‑teens per share between January 29 and February 19, 2026.

On what share count is BW Group’s 8.37% DHT ownership based?

The reported 8.37% ownership is calculated using 160,799,407 DHT common shares outstanding as of December 31, 2025. That outstanding share figure comes from DHT’s Report of Foreign Issuer on Form 6-K filed on February 5, 2026.

What type of SEC filing did BW Group submit regarding DHT (DHT)?

BW Group filed Amendment No. 11 to Schedule 13D for DHT Holdings. This amendment updates its reported beneficial ownership, confirms sole voting and dispositive power, and discloses recent open‑market sale transactions in DHT common stock.

Who signed BW Group’s latest ownership filing for DHT (DHT)?

The statement was signed by Nicholas John Oxleigh Fell as an Authorized Signatory for BW Group Limited. The signature is dated February 23, 2026, certifying that the information in the ownership report is true, complete, and correct.