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Hafnia (HAFN) CEO and CFO exercise options and sell shares in March 2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Hafnia Limited reports that primary insiders have exercised a total of 725,019 vested share options on 3 March 2026 under the company’s long-term investment plan at an exercise price of NOK 44.11 per option. A corresponding number of Hafnia shares were sold in the market in a joint sale through a broker. The company settled the option exercises using treasury shares, after which it holds 12,843,201 treasury shares. Individual notifications show the CEO and CFO each exercised and sold shares under this programme.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 6-K
 
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
For the month of March, 2026.
 
Commission File Number: 001-41996
 
HAFNIA LIMITED
c/o Hafnia SG Pte Ltd
10 Pasir Panjang Road,
#18-01 Mapletree Business City,
Singapore 117438
+65 6434 3770
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☑ Form 40-F ☐



DOCUMENTS TO BE FURNISHED AS PART OF THIS FORM 6-K
 
Exhibit Number
Exhibit Description
99.1
Press release of Hafnia Limited dated March 4, 2026 – Exercise of options and sale of shares by primary insiders
 

SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 
HAFNIA LIMITED
     
 
By:
/s/ Petrus Wouter Van Echtelt
 
Name:
Petrus Wouter Van Echtelt,
 
Title:
Chief Financial Officer
     
Date: March 4, 2026
   
 



Exhibit 99.1


HAFNIA LIMITED: Exercise of options and sale of shares by primary insiders

On 3 March 2026, certain primary insiders of Hafnia Limited ("Hafnia", the "Company", OSE ticker code: "HAFNI", NYSE ticker code: "HAFN") have, in total, exercised 725,019 vested options granted under the Company's ordinary long-term investment plan in accordance with its vesting schedule at an exercise price of NOK 44.11 per option, and sold a corresponding number of shares in Hafnia in the market in a joint sale through a broker.

The exercised options have been settled by the Company by transfer of treasury shares. Following the transfer, the Company holds 12,843,201 treasury shares.

For more information see the attached mandatory notifications of trade.

For further information, please contact:
Mikael Skov
CEO Hafnia Limited
+65 8533 8900

* * *

About Hafnia Limited:

Hafnia is one of the world's leading tanker owners, transporting oil, oil products and chemicals for major national and international oil companies, chemical companies, as well as trading and utility companies.

As owners and operators of around 200 vessels, we offer a fully integrated shipping platform, including technical management, commercial and chartering services, pool management, and a large-scale bunker procurement desk. Hafnia has offices in Singapore, Copenhagen, Houston, and Dubai and currently employs over 4000 employees onshore and at sea.

Hafnia is part of the BW Group, an international shipping group involved in oil and gas transportation, floating gas infrastructure, environmental technologies, and deep-water production for over 80 years.

This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.


NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESEPONSIBILITIES (PDMR) AND PERSONS CLOSELY ASSOCIATED WITH THEM
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
a)
 
Name
 
Mikael Skov
2
 
Reason for the notification
a)
 
Position/status
 
Chief Executive Officer
b)
 
Initial notification /Amendment
 
Initial notification
3
 
Details of the issuer, an emission allowances market participant, auction platform, the auctioneer, or the auction monitor
a)
 
Business name
 
Hafnia Limited
b)
 
LEI code
 
5493001KCFT0SCGJ2647
4
 
Details of the transaction(s): Section to be repeated for i) each type of instrument ii) each type pf transaction, iii) each date, and iv) each place where the transaction(s) have been conducted
a)
 
Description of the financial instrument/type of instrument
 
Options linked to shares in Hafnia Limited with ISIN SGXZ53070850
 
Identification code
 
ISIN: SGXZ53070850
b)
 
Nature of the transaction
 
Exercise of options linked to shares in Hafnia Limited
c)
 
Price(s) and volume(s)
 
Currency
 
Price(s)

Volume(s)
NOK
44.11
595,374
 
d)
 
Aggregated information
-       Aggregated volume
-       Aggregated price
 
 
595,374
NOK 26,261,947.14
e)
 
Date of the transaction
 
2026-03-03
f)
 
Place of the transaction
 
XOFF – Outside a trading venue


NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESEPONSIBILITIES (PDMR) AND PERSONS CLOSELY ASSOCIATED WITH THEM
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
a)
 
Name
 
Mikael Skov
2
 
Reason for the notification
a)
 
Position/status
 
Chief Executive Officer
b)
 
Initial notification /Amendment
 
Initial notification
3
 
Details of the issuer, an emission allowances market participant, auction platform, the auctioneer, or the auction monitor
a)
 
Business name
 
Hafnia Limited
b)
 
LEI code
 
5493001KCFT0SCGJ2647
4
 
Details of the transaction(s): Section to be repeated for i) each type of instrument ii) each type pf transaction, iii) each date, and iv) each place where the transaction(s) have been conducted
a)
 
Description of the financial instrument/type of instrument
 
Sale of ordinary shares exercised under a share option programme in Hafnia Limited with ISIN SGXZ53070850
 
Identification code
 
ISIN: SGXZ53070850
b)
 
Nature of the transaction
 
Sale of ordinary shares
c)
 
Price(s) and volume(s)
 
Currency

Price(s)

Volume(s)
NOK
74.0626
595,374

d)
 
Aggregated information
-       Aggregated volume
-       Aggregated price
 
 
595,374
NOK 44,094,946.4124
e)
 
Date of the transaction
 
2026-03-03
f)
 
Place of the transaction
 
XOSL – Oslo Børs


NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESEPONSIBILITIES (PDMR) AND PERSONS CLOSELY ASSOCIATED WITH THEM
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
a)
 
Name
 
Perry Van Echtelt
2
 
Reason for the notification
a)
 
Position/status
 
Chief Financial Officer
b)
 
Initial notification /Amendment
 
Initial notification
3
 
Details of the issuer, an emission allowances market participant, auction platform, the auctioneer, or the auction monitor
a)
 
Business name
 
Hafnia Limited
b)
 
LEI code
 
5493001KCFT0SCGJ2647
4
 
Details of the transaction(s): Section to be repeated for i) each type of instrument ii) each type pf transaction, iii) each date, and iv) each place where the transaction(s) have been conducted
a)
 
Description of the financial instrument/type of instrument
 
Options linked to shares in Hafnia Limited with ISIN SGXZ53070850
 
Identification code
 
ISIN: SGXZ53070850
b)
 
Nature of the transaction
 
Exercise of options linked to shares in Hafnia Limited
c)
 
Price(s) and volume(s)
 
Currency

Price(s)

Volume(s)
NOK
44.11
129,645

d)
 
Aggregated information
-       Aggregated volume
-       Aggregated price
 
 
129,645
NOK 5,718,640.95
e)
 
Date of the transaction
 
2026-03-03
f)
 
Place of the transaction
 
XOFF – Outside a trading venue


NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESEPONSIBILITIES (PDMR) AND PERSONS CLOSELY ASSOCIATED WITH THEM
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
a)
 
Name
 
Perry Van Echtelt
2
 
Reason for the notification
a)
 
Position/status
 
Chief Financial Officer
b)
 
Initial notification /Amendment
 
Initial notification
3
 
Details of the issuer, an emission allowances market participant, auction platform, the auctioneer, or the auction monitor
a)
 
Business name
 
Hafnia Limited
b)
 
LEI code
 
5493001KCFT0SCGJ2647
4
 
Details of the transaction(s): Section to be repeated for i) each type of instrument ii) each type pf transaction, iii) each date, and iv) each place where the transaction(s) have been conducted
a)
 
Description of the financial instrument/type of instrument
 
Sale of ordinary shares exercised under a share option programme in Hafnia Limited with ISIN SGXZ53070850
 
Identification code
 
ISIN: SGXZ53070850
b)
 
Nature of the transaction
 
Sale of ordinary shares
c)
 
Price(s) and volume(s)
 
Currency

Price(s)

Volume(s)
NOK
74.0626
129,645
 
d)
 
Aggregated information
-       Aggregated volume
-       Aggregated price
 
 
129,645
NOK 9,601,845.777
e)
 
Date of the transaction
 
2026-03-03
f)
 
Place of the transaction
 
XOSL – Oslo Børs

 

FAQ

What insider transactions did Hafnia (HAFN) disclose in the March 2026 report?

Hafnia disclosed that primary insiders exercised 725,019 vested share options on 3 March 2026 and sold an equal number of shares in a joint market sale. These transactions were carried out under the company’s ordinary long-term investment plan and reported as mandatory PDMR notifications.

At what prices did Hafnia (HAFN) insiders exercise and sell their shares?

Insiders exercised share options at an exercise price of NOK 44.11 per option and sold the resulting Hafnia shares at NOK 74.0626 per share. These prices applied to both the CEO’s 595,374 shares and the CFO’s 129,645 shares as disclosed in the notifications.

How many options and shares did Hafnia’s CEO transact in March 2026?

Hafnia’s CEO, Mikael Skov, exercised 595,374 options linked to Hafnia shares at NOK 44.11 each on 3 March 2026, then sold 595,374 ordinary shares at NOK 74.0626 on Oslo Børs. Both transactions were reported as initial mandatory notifications of trade for a person discharging managerial responsibilities.

What transactions did Hafnia’s CFO Perry Van Echtelt complete under the option plan?

CFO Perry Van Echtelt exercised 129,645 options linked to Hafnia shares at NOK 44.11 per option on 3 March 2026 and sold 129,645 ordinary shares at NOK 74.0626 on Oslo Børs. These trades were reported as initial notifications for a person discharging managerial responsibilities.

How did Hafnia fund the settlement of the exercised options by insiders?

Hafnia settled the exercised options by transferring treasury shares to the insiders instead of issuing new shares. Following these transfers, the company reported holding 12,843,201 treasury shares, reflecting its remaining inventory after satisfying the option exercises disclosed in the March 2026 update.

On which venues were Hafnia (HAFN) insider transactions executed?

Option exercises for both the CEO and CFO were recorded as conducted outside a trading venue (XOFF), while the subsequent sales of ordinary shares took place on Oslo Børs (XOSL). These locations are specified in the detailed transaction tables included in the March 2026 notifications.

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