Himalaya Shipping director reports initial HSHP holdings

Himalaya Shipping Ltd. director Bjorn Andreas Freng Isaksen filed an initial ownership report showing his current stake in the company.

Rhea-AI Filing Summary

Himalaya Shipping Ltd. director Bjorn Andreas Freng Isaksen filed an initial ownership report showing his current stake in the company. He directly holds 430,000 Common Shares and indirectly holds 20,000 Common Shares through Freng Invest AS.

He also has share options giving the right to buy 150,000 Common Shares at an exercise price of $8.00 per share, expiring on December 8, 2026. In addition, a forward purchase agreement covers 200,000 Common Shares at $7.13 per share, with settlement on June 15, 2026, subject to adjustments for interest and dividends as described in the agreement footnote.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Isaksen Bjorn Andreas Freng

Role Director

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

Holdings After Transaction: Share options (right to buy) — 150,000 contracts (Direct); Forward purchase agreement (right to buy) — 200,000 contracts (Direct); Common Shares — 20,000 shares (Indirect, Freng Invest AS); Common Shares — 430,000 shares (Direct)

Footnotes (2)

1. F1. 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.
2. F2. Forward purchase agreement with Drew Holdings Ltd. to purchase common shares for settlement on June 15, 2026 at a price of $7.13 per share, to be adjusted by 5% interest less any dividends paid between November 11, 2024 and the settlement date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 3 filing show about HSHP director Isaksen’s share ownership?

The Form 3 shows director Bjorn Andreas Freng Isaksen directly owns 430,000 Common Shares of Himalaya Shipping Ltd. He also indirectly owns 20,000 Common Shares through Freng Invest AS, giving investors a snapshot of his existing equity stake.

What option holdings does HSHP director Isaksen report on this Form 3?

The filing reports share options giving Isaksen the right to buy 150,000 Common Shares at an exercise price of $8.00 per share. These options expire on December 8, 2026, outlining a significant potential future increase in his shareholdings if exercised.

What forward purchase agreement is disclosed for Himalaya Shipping (HSHP)?

The Form 3 discloses a forward purchase agreement for 200,000 Common Shares at $7.13 per share with Drew Holdings Ltd. Settlement is scheduled for June 15, 2026, with the price adjusted by 5% interest less dividends over a defined period.

How are indirect holdings reported for HSHP director Isaksen?

Indirect holdings are reported as 20,000 Common Shares owned through Freng Invest AS. The filing classifies this as indirect ownership, distinguishing it from the director’s 430,000 directly held Common Shares, and helping clarify how his overall interest is structured.

Does the HSHP Form 3 show recent insider buying or selling activity?

No specific buy or sell transactions are shown; the entries are classified as holdings with unknown transaction codes. The filing primarily establishes baseline ownership, including Common Shares, share options, and a forward purchase agreement, rather than reporting new trading activity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/17/2026 - 08:30 AM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Isaksen Bjorn Andreas Freng

(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)
03/17/2026

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	20,000	I	Freng Invest AS
Common Shares	430,000	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 Exercisable	Expiration Date	Title	Amount or Number of Shares
Share options (right to buy)	12/09/2024	12/08/2026	Common Shares	150,000	$8(1)	D
Forward purchase agreement (right to buy)	06/15/2026(2)	(2)	Common Shares	200,000	$7.13(2)	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.

2. Forward purchase agreement with Drew Holdings Ltd. to purchase common shares for settlement on June 15, 2026 at a price of $7.13 per share, to be adjusted by 5% interest less any dividends paid between November 11, 2024 and the settlement date.

Remarks:

Exhibit 24 Power of Attorney

	/s/ Alfi Lao as attorney-in-fact for Bjorn Andreas Freng Isaksen	03/17/2026
	** 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.