Himalaya Shipping (HSHP) chair exercises 150k options and sells 300k shares
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Himalaya Shipping Ltd. reports insider transactions by its Chairman, Bjorn Isaksen, under the company’s share option program. He exercised 150,000 share options at a strike price of US$ 6.70 per share, a total of US$ 1,005,000.
He then sold 300,000 shares at an average price of NOK 127.96 per share to Drew Holdings Limited, a company owned by Drew Trust, established for the benefit of Tor Olav Trøim and his immediate family. After these transactions, Mr. Isaksen and his close associates own 300,000 shares, and he has an additional 200,000 shares exposure through a forward purchase agreement with Drew Holdings Limited.
Positive
- None.
Negative
- None.
Key Figures
Option exercise volume: 150,000 shares
Option strike price: US$ 6.70 per share
Option exercise value: US$ 1,005,000
+5 more
8 metrics
Option exercise volume
150,000 shares
Share options exercised by Chairman at US$ 6.70 per share
Option strike price
US$ 6.70 per share
Exercise price for 150,000 share options
Option exercise value
US$ 1,005,000
Total amount for the exercised share options
Shares sold
300,000 shares
Disposal of shares to Drew Holdings Limited
Sale price
NOK 127.96 per share
Average price for 300,000 shares sold
Sale transaction value
NOK 38,388,000
Total consideration for the 300,000 shares disposed
Post-trade shareholding
300,000 shares
Shares owned by Chairman and close associates after transactions
Forward purchase exposure
200,000 shares
Shares under forward purchase agreement with Drew Holdings Limited
Key Terms
share option program, forward purchase agreement, Market Abuse Regulation, PDMR, +2 more
6 terms
forward purchase agreement financial
"200,000 shares are owned by Mr. Isaksen under a forward purchase agreement with Drew Holdings Limited."
A forward purchase agreement is a contract in which a buyer commits now to purchase securities or assets from a company at a set price and on a future date, much like placing a pre-order for a product to be delivered later. For investors it matters because it provides predictable funding or supply, can affect share dilution and company valuation when the purchase happens, and signals the buyer’s confidence or risk exposure to future events.
Market Abuse Regulation regulatory
"This information is subject to the disclosure requirements in Article 19 of the Market Abuse Regulation"
Market abuse regulation consists of laws and rules designed to prevent dishonest or manipulative practices in financial markets. It aims to ensure fair and transparent trading, so investors can trust that markets operate honestly, much like rules that keep a game fair. By reducing unfair advantages, it helps protect investor confidence and promotes healthy, efficient markets.
PDMR regulatory
"notification of transactions by persons discharging managerial responsibilities (PDMR)"
A PDMR (person discharging managerial responsibilities) is an individual who can shape a company’s strategy or finances—typically senior executives, board members, or close advisors with decision-making authority. Investors care because PDMRs often hold material, non‑public information and their buying or selling of shares must be reported; monitoring those disclosures is like watching a ship’s captain to read the likely course and spot possible insider risk.
disposal financial
"Nature of the transaction Transaction type Disposal"
trading venue financial
"Place of the transaction Trading venue XOSL - Oslo Børs"
A trading venue is any organized place or system where buyers and sellers meet to swap stocks, bonds or other securities, like a physical market or an online exchange. It matters to investors because the venue determines how easily orders are filled, how quickly prices move, what rules and fees apply, and how transparent pricing is — much like choosing a busy bazaar versus a small shop affects price, speed and cost.
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 April 2026
Commission File Number 001-41676
Himalaya Shipping Ltd.
(Exact name of Registrant as specified in its charter)
Not applicable
(Translation of Registrant’s name into English)
S. E. Pearman Building
2nd floor, 9 Par-la-Ville Road
Hamilton HM 11
Bermuda
(Address of Principal Executive Office)
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 x Form 40-F o
Exhibits.
| Exhibit | Description | |||||||
99.1 | Press release | |||||||
99.2 | KRT-1500 Template for notification of transactions by persons discharging managerial responsibilities and persons closely associated with them - share option exercise | |||||||
99.3 | KRT-1500 Template for notification of transactions by persons discharging managerial responsibilities and persons closely associated with them - disposal | |||||||
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.
| Himalaya Shipping Ltd. | ||||||||||||||
| By: | /s/ Lars-Christian Svensen | |||||||||||||
| Name: | Lars-Christian Svensen | |||||||||||||
| Title: | Chief Executive Officer | |||||||||||||
| Date: April 9, 2026 | ||||||||||||||
Himalaya Shipping Ltd. (HSHP) – Mandatory Notification of Trade
Hamilton, Bermuda, April 9, 2026
Reference is made to the announcements by Himalaya Shipping Ltd. (the “Company”) regarding its share option program.
The Company has received an exercise notice from Bjorn Isaksen, the Company’s Chairman of the Board, for the exercise of 150,000 share options at a strike price of US$ 6.70 per share.
Further, Mr. Isaksen has sold 300,000 shares in the Company at an average price of NOK127.96 per share to Drew Holdings Limited, which is wholly owned by Drew Trust, a trust established for the benefit of Mr. Tor Olav Trøim and his immediate family.
Following the above transactions, Mr. Isaksen and his close associates own 300,000 shares. In addition, 200,000 shares are owned by Mr. Isaksen under a forward purchase agreement with Drew Holdings Limited.
This information is subject to the disclosure requirements in Article 19 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.
For further queries, please contact:
Lars-Christian Svensen, Contracted CEO
Telephone +47 476 38 756
About Himalaya Shipping Ltd.:
Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has twelve vessels in operation.
KRT-1500 Template for notification of transactions by persons discharging managerial responsibilities (PDMR) and persons closely associated with them The person liable: PDMR Closely associated person (natural person) Closely associated person (legal person) Info about the one who reports Last name Lao First name Alfi Business name Himalaya Shipping Ltd. About PDMR Last name ISAKSEN First name BJØRN ANDREAS FRENG Position / role Chairman of the Board Initial notification or amendment to prior notification Initial Amendment Details about the issuer or emission allowance market participant Business name Himalaya Shipping Ltd. LEI number 984500D86FFE5EYE7988 Skjemaversjon: 46345 4/9/2026 12:09:56 AM AR 730697547 4/ 9/ 20 26 1 2: 09 :5 6 AM A R 73 06 97 54 7 1
KRT-1500 Template for notification of transactions by persons discharging managerial responsibilities (PDMR) and persons closely associated with them Description of the financial instrument/type of instrument Instrument Share ISIN code BMG4660A1036 Name of the financial instrument Nature of the transaction Transaction type Exercise of a stock option Share option program The transaction is linked to an excersise of a share option program Yes No Currency of the transaction Currency USD Price(s) and volume(s) Price per unit 6.7 Volume 150 000 Aggregated information Average price per unit 6.70000 Aggregated volume 150 000 Total amount 1 005 000.000000 Date of the transaction Date 4/8/2026 Place of the transaction Trading venue XOFF - Outside a trading venue Comment 4/9/2026 12:09:56 AM AR 730697547 4/ 9/ 20 26 1 2: 09 :5 6 AM A R 73 06 97 54 7 2
KRT-1500 Template for notification of transactions by persons discharging managerial responsibilities (PDMR) and persons closely associated with them The person liable: PDMR Closely associated person (natural person) Closely associated person (legal person) Info about the one who reports Last name Lao First name Alfi Business name Himalaya Shipping Ltd. About PDMR Last name ISAKSEN First name BJØRN ANDREAS FRENG Position / role Chairman of the Board Initial notification or amendment to prior notification Initial Amendment Details about the issuer or emission allowance market participant Business name Himalaya Shipping Ltd. LEI number 984500D86FFE5EYE7988 Skjemaversjon: 46345 4/9/2026 8:54:08 AM AR 730729631 4/ 9/ 20 26 8 :5 4: 08 A M A R 73 07 29 63 1 1
KRT-1500 Template for notification of transactions by persons discharging managerial responsibilities (PDMR) and persons closely associated with them Description of the financial instrument/type of instrument Instrument Share ISIN code BMG4660A1036 Name of the financial instrument Nature of the transaction Transaction type Disposal Share option program The transaction is linked to an excersise of a share option program Yes No Currency of the transaction Currency NOK Price(s) and volume(s) Price per unit 127.96 Volume 300 000 Aggregated information Average price per unit 127.96000 Aggregated volume 300 000 Total amount 38 388 000.000000 Date of the transaction Date 4/9/2026 Place of the transaction Trading venue XOSL - Oslo Børs Comment 4/9/2026 8:54:08 AM AR 730729631 4/ 9/ 20 26 8 :5 4: 08 A M A R 73 07 29 63 1 2
FAQ
What insider transactions did Himalaya Shipping (HSHP) disclose in this report?
Himalaya Shipping disclosed that Chairman Bjorn Isaksen exercised 150,000 share options at US$ 6.70 per share and sold 300,000 shares at NOK 127.96 per share. These trades were carried out under the company’s share option program and reported under market abuse rules.
How many Himalaya Shipping (HSHP) options did the Chairman exercise and at what price?
The Chairman, Bjorn Isaksen, exercised 150,000 share options at a strike price of US$ 6.70 per share, representing a total transaction value of US$ 1,005,000. This exercise was conducted under the company’s established share option program.
Under which regulatory framework were the Himalaya Shipping (HSHP) transactions disclosed?
The transactions were disclosed under Article 19 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act. These rules require detailed reporting of trades by persons discharging managerial responsibilities and their closely associated persons.