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Golar LNG (GLNG) CFO details common shares, options and RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Golar LNG Ltd Chief Financial Officer Eduardo Da Cunha Andrade reports his current equity holdings in the company. He holds 16,500 common shares directly. In addition, he has share options over 200,000 common shares at an exercise price of $32.50 expiring on November 15, 2030, and options over 35,000 common shares at $38.60 expiring on January 20, 2031. Footnotes also describe time-based RSUs that vest in March 2027, March 2028, and March 2029 in tranches of 9,225, 4,901, and 2,374 units.

Positive

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Negative

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Insider Maranhao Eduardo Da Cunha Andrade
Role Chief Financial 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 -- -- --
Holdings After Transaction: Share options - Nov 2024 (right to buy) — 200,000 shares (Direct); Share options - Jan 2026 (right to buy) — 35,000 shares (Direct); Common shares — 16,500 shares (Direct)
Footnotes (1)
  1. These are time based RSUs which vest as follows: March 2027 (9,225 units); March 2028 (4,901 units); and March 2029 (2,374 units). 66,667 options are vested and exercisable. The remaining options vest as follows: 66,667 on November 15, 2026 and 66,666 in 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 in January 20, 2029.
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SEC Form 3
FORM 3UNITED 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*
Maranhao Eduardo Da Cunha Andrade
(Last)(First)(Middle)
C/O S.E PEARMAN BUILDING, 2ND FLOOR
9 PAR-LA-VILLE ROAD
(Street)
HAMILTONHM11
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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 shares16,500(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 ExercisableExpiration DateTitleAmount or Number of Shares
Share options - Nov 2024 (right to buy) (2)11/15/2030Common shares200,000$32.5(3)D
Share options - Jan 2026 (right to buy) (4)01/20/2031Common shares35,000$38.6(3)D
Explanation of Responses:
1. These are time based RSUs which vest as follows: March 2027 (9,225 units); March 2028 (4,901 units); and March 2029 (2,374 units).
2. 66,667 options are vested and exercisable. The remaining options vest as follows: 66,667 on November 15, 2026 and 66,666 in 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 in January 20, 2029.
Remarks:
Exhibit 24: Power of Attorney
/s/ Mi Hong Yoon as attorney-in-fact03/18/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What equity holdings does the Golar LNG (GLNG) CFO report on this Form 3?

The CFO reports direct ownership of 16,500 common shares. He also holds share options over 200,000 shares at $32.50 and 35,000 shares at $38.60, plus time-based RSUs vesting between March 2027 and March 2029.

What share option packages does the Golar LNG (GLNG) CFO hold?

He holds options labeled Nov 2024 over 200,000 common shares at $32.50 expiring November 15, 2030. A second package labeled Jan 2026 covers 35,000 shares at $38.60, expiring January 20, 2031, all held directly.

How many Golar LNG (GLNG) common shares does the CFO directly own?

He directly owns 16,500 common shares. This figure is reported as the total shares following the reported holdings, separate from his larger option grants and RSUs that may convert into additional shares in future years.

What are the vesting terms of the Golar LNG (GLNG) CFO’s RSUs?

The RSUs are time-based and vest in three tranches: 9,225 units in March 2027, 4,901 units in March 2028, and 2,374 units in March 2029. These schedules tie future share delivery to continued service.

How do the Golar LNG (GLNG) CFO’s share options vest over time?

For the 200,000-share option grant, 66,667 options are already vested, with 66,667 vesting November 15, 2026 and 66,666 on November 15, 2027. The 35,000-share grant vests in three equal tranches from January 2027 through January 2029.

How can Golar LNG (GLNG) dividends affect the CFO’s option strike price?

The strike price for share options granted under the scheme is normally reduced by the amount of all dividends declared from grant date until exercise. This adjustment means declared dividends lower the effective exercise price over time.