Golar LNG (GLNG) CTO details option grants and share holdings

Rhea-AI Filing Summary

Golar LNG Ltd Chief Technical Officer Morten Skjong filed an initial ownership report showing direct holdings of common shares and share options. The filing lists 60,000 common shares underlying options with a $32.50 exercise price expiring on November 15, 2030, and 35,000 underlying shares at $38.60 expiring on January 20, 2031. Footnotes describe time-based RSUs vesting in March 2027, March 2028, and March 2029, and staged vesting of these option grants over several future dates.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Skjong Morten

Role Chief Technical Officer

Type	Security	Shares	Price	Value
holding	Share options - Nov 2024 (right to buy)	--	--	--
holding	Share options - Jan 2026 (right to buy)	--	--	--
holding	Common shares	--	--	--
holding	Common shares	--	--	--

Holdings After Transaction: Share options - Nov 2024 (right to buy) — 60,000 shares (Direct); Share options - Jan 2026 (right to buy) — 35,000 shares (Direct); Common shares — 4,898 shares (Direct)

Footnotes (1)

1. These time-based RSUs vest as follows: March 2027 (2,463 units); March 2028 (1,226 units); and March 2029 (705 units). 20,000 options are vested and exercisable. The remaining options vest as follows: 20,000 on November 15, 2026 and 20,000 on November 15, 2027. Conversion price as of date of filing. The strike price for the share options granted under the scheme will normally be reduced by the amount of all dividends declared by the issuer in the period from the grant date until the date the option is exercised. These share options vest as follows: 11,667 on January 20, 2027; 11,667 on January 20, 2028; and 11,666 on January 20, 2029.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Skjong Morten

(Last) (First) (Middle)

C/O S.E PEARMAN BUILDING, 2ND FLOOR

9 PAR-LA-VILLE ROAD

(Street)

HAMILTON HM11

(City) (State) (Zip)

BERMUDA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
GOLAR LNG LTD [ GLNG ]

3a. Foreign Trading Symbol
[GLNG]

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common shares	4,898	D
Common shares	4,394(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Share options - Nov 2024 (right to buy)	(2)	11/15/2030	Common shares	60,000	$32.5(3)	D
Share options - Jan 2026 (right to buy)	(4)	01/20/2031	Common shares	35,000	$38.6(3)	D

Explanation of Responses:

1. These time-based RSUs vest as follows: March 2027 (2,463 units); March 2028 (1,226 units); and March 2029 (705 units).

2. 20,000 options are vested and exercisable. The remaining options vest as follows: 20,000 on November 15, 2026 and 20,000 on November 15, 2027.

3. Conversion price as of date of filing. The strike price for the share options granted under the scheme will normally be reduced by the amount of all dividends declared by the issuer in the period from the grant date until the date the option is exercised.

4. These share options vest as follows: 11,667 on January 20, 2027; 11,667 on January 20, 2028; and 11,666 on January 20, 2029.

Remarks:

Exhibit 24: Power of Attorney

	/s/ Mi Hong Yoon as attorney-in-fact	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What does the GLNG Form 3 filing by Morten Skjong report?

The Form 3 reports Chief Technical Officer Morten Skjong’s initial ownership in Golar LNG, including common shares, vested and unvested share options, and time-based RSUs. It establishes his baseline equity position as a company insider for future Form 4 transaction reporting.

How many Golar LNG shares underlie Skjong’s reported share options?

Skjong reports options over 60,000 underlying common shares at a $32.50 exercise price and 35,000 underlying shares at $38.60. These options give him the right to buy Golar LNG shares at those prices before their respective expiration dates in 2030 and 2031.

What are the key exercise prices and expirations for GLNG options held by Skjong?

The filing shows one option grant with a $32.50 exercise price expiring November 15, 2030, and another with a $38.60 exercise price expiring January 20, 2031. These terms define the cost and time window for Skjong to exercise his rights to acquire Golar LNG shares.

How do Skjong’s Golar LNG RSUs vest according to the Form 3 footnotes?

Footnotes explain that time-based RSUs vest in three installments: March 2027, March 2028, and March 2029, with specific unit counts at each date. Vesting means these RSUs convert into shares over time, aligning compensation with longer-term service at Golar LNG.

What vesting schedule applies to Skjong’s November 2024 Golar LNG share options?

Footnotes state 20,000 options are already vested and exercisable. The remaining options vest in two future tranches: 20,000 on November 15, 2026, and 20,000 on November 15, 2027. This staged vesting spreads his ability to exercise options over several years.

How do dividends affect Skjong’s Golar LNG option conversion price?

The filing notes that the conversion price is as of the filing date and will normally be reduced by dividends declared between grant and exercise. This adjustment lowers the effective strike price over time if Golar LNG pays dividends before Skjong exercises the options.