[Form 3] Himalaya Shipping Ltd. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Himalaya Shipping Ltd. director Steen Carl Erik filed an initial ownership report. He holds share options giving the right to buy 75,000 common shares at an exercise price of $8.0000 per share, expiring on December 8, 2026, and indirectly holds 202,496 common shares through Capreca AS. A footnote explains that option exercise prices are adjusted for dividends or cash distributions declared after the grant date.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Steen Carl Erik

Role Director

Type	Security	Shares	Price	Value
holding	Share options (right to buy)	--	--	--
holding	Common Shares	--	--	--

Holdings After Transaction: Share options (right to buy) — 75,000 shares (Direct); Common Shares — 202,496 shares (Indirect, Capreca AS)

Footnotes (1)

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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

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1. Name and Address of Reporting Person^*

Steen Carl Erik

(Last) (First) (Middle)

2ND FLOOR, S E PEARMAN BUILDING

9 PAR-LA-VILLE ROAD

(Street)

HAMILTON D0 HM11

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/16/2026

3. Issuer Name and Ticker or Trading Symbol
Himalaya Shipping Ltd. [ HSHP ]

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

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

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

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	202,496	I	Capreca AS

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 (right to buy)	12/09/2024	12/08/2026	Common Shares	75,000	$8(1)	D

Explanation of Responses:

1. Exercise price of share options shown on the form are as of the date of grant. Exercise price is reduced by dividends and/or cash distributions declared subsequent to the date of grant.

Remarks:

Exhibit 24 Power of Attorney

	/s/ Alfi Lao as attorney-in-fact for Carl Erik Steen	03/16/2026
	** 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.

FAQ

What did Himalaya Shipping (HSHP) director Steen Carl Erik report on this Form 3?

He reported his initial ownership in Himalaya Shipping, including 75,000 share options and 202,496 common shares held indirectly. This filing establishes his baseline holdings as a director under insider reporting rules.

How many share options does Steen Carl Erik hold in Himalaya Shipping (HSHP)?

He holds share options over 75,000 Himalaya Shipping common shares with an exercise price of $8.0000 per share. These options give him the right to buy shares before their stated expiration date, subject to the option terms.

When do Steen Carl Erik’s Himalaya Shipping (HSHP) share options expire?

The share options reported on the Form 3 expire on December 8, 2026. Until that date, he has the right to purchase 75,000 common shares at the stated exercise price, assuming other option conditions are satisfied.

How many Himalaya Shipping (HSHP) common shares does Steen Carl Erik indirectly own?

He indirectly owns 202,496 common shares of Himalaya Shipping through Capreca AS. Indirect ownership means the shares are held by an affiliated entity rather than in his personal name, but are still attributed to him for reporting purposes.

How is the exercise price of Steen Carl Erik’s Himalaya Shipping (HSHP) options adjusted?

A footnote explains the exercise price is set at grant date and then reduced for dividends or cash distributions declared afterward. This means each dividend or similar payment can lower the option exercise price under the plan’s adjustment rules.

Does this Himalaya Shipping (HSHP) Form 3 show any recent insider trades?

No recent trades are shown; it lists holdings only. The entries are classified as holdings with no buy or sell transactions, providing a snapshot of his initial position as a reporting insider.