Golar LNG (GLNG) CEO details share and option holdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Golar LNG Ltd Chief Executive Officer Karl Fredrik Staubo filed an initial ownership report showing direct holdings of 32,000 common shares plus significant option-based incentives. He holds options over 200,000 shares at $18.70 expiring in March 2027, 450,000 shares at $32.50 expiring in November 2030, and 50,000 shares at $38.60 expiring in January 2031. Footnotes describe time-based RSUs and staged vesting of these options, with portions already vested and the remainder vesting between 2026 and 2029. No new purchases or sales are reported; this filing mainly outlines the CEO’s existing equity-based compensation and ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Staubo Karl Fredrik
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share options - Mar 2023 (right to buy) | -- | -- | -- |
| holding | Share options - Nov 2024 (right to buy) | -- | -- | -- |
| holding | Share options - Jan 2026 (right to buy) | -- | -- | -- |
| holding | Common shares | -- | -- | -- |
Holdings After Transaction:
Share options - Mar 2023 (right to buy) — 200,000 shares (Direct);
Share options - Nov 2024 (right to buy) — 450,000 shares (Direct);
Share options - Jan 2026 (right to buy) — 50,000 shares (Direct);
Common shares — 32,000 shares (Direct)
Footnotes (1)
- These are time-based RSUs which vest as follows: March 2027 (17,885 units); March 2028 (9,084 units); and March 2029 (5,031 units). Fully vested and exercisable. 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. 150,000 options are vested and exercisable. The remaining options vest as follows: 150,000 on November 15, 2026 and 150,000 on November 15, 2027. These share options vest as follows: 16,667 on January 20, 2027; 16,667 on January 20, 2028; and 16,666 on January 20, 2029.
FAQ
What does the GLNG Form 3 filing by CEO Karl Fredrik Staubo show?
The Form 3 shows Karl Fredrik Staubo’s existing equity stake in Golar LNG Ltd, including 32,000 common shares and multiple option grants. It is an initial ownership statement, not a report of new buying or selling activity.
What restricted stock units (RSUs) are mentioned for Golar LNG’s CEO?
The footnotes describe time-based RSUs vesting in three tranches: 17,885 units in March 2027, 9,084 units in March 2028, and 5,031 units in March 2029. These RSUs represent additional future share-based compensation for the Golar LNG CEO.
Does the GLNG Form 3 indicate any recent insider buying or selling by the CEO?
No, the Form 3 does not indicate recent buying or selling. All entries are classified as holdings, meaning the filing simply records Karl Fredrik Staubo’s existing common share, option, and RSU positions in Golar LNG Ltd as of the filing date.