Himalaya Shipping (HSHP) CEO adds 4,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Himalaya Shipping Ltd. Contracted CEO Lars-Christian Svensen bought 4,000 Common Shares in an open-market transaction at $14.20 per share. This purchase increased his direct ownership to 23,186 Common Shares following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,000 shares ($56,800)
Net Buy
1 txn
Insider
Svensen Lars-Christian
Role
Contracted CEO
Bought
4,000 shs ($57K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 4,000 | $14.20 | $57K |
Holdings After Transaction:
Common Shares — 23,186 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 4,000 shares
Purchase price: $14.20 per share
Total holdings after trade: 23,186 shares
+1 more
4 metrics
Shares purchased
4,000 shares
Open-market purchase of Common Shares
Purchase price
$14.20 per share
Price paid in the 4,000-share transaction
Total holdings after trade
23,186 shares
Direct Common Share ownership after the purchase
Net buy shares
4,000 shares
Net share change from all reported transactions
Key Terms
Form 4, open-market purchase, Common Shares, direct ownership
4 terms
Form 4 regulatory
"This Form 4 filing reports an insider transaction in Common Shares."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market purchase financial
"The transaction_action field describes the trade as an open-market purchase."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
direct ownership financial
"The ownership_type is direct and direct_or_indirect code is D, indicating direct ownership."
FAQ
What insider transaction did Himalaya Shipping (HSHP) report for its CEO?
Himalaya Shipping reported that Contracted CEO Lars-Christian Svensen bought 4,000 Common Shares. The transaction was an open-market purchase, indicating he used personal funds to acquire additional stock, and increased his direct holdings to a total of 23,186 Common Shares.
What are Lars-Christian Svensen’s total Himalaya Shipping (HSHP) holdings after this Form 4?
After the reported transaction, Lars-Christian Svensen directly owns 23,186 Common Shares of Himalaya Shipping. This figure includes the 4,000 shares acquired in the open-market purchase and represents his total direct position as disclosed in the Form 4 filing.
Was the Himalaya Shipping (HSHP) CEO trade an open-market purchase or another type?
The transaction was an open-market purchase of Common Shares by the CEO. The Form 4 classifies it with transaction code “P” and describes it as a purchase in an open market or private transaction, confirming it was a standard share acquisition.
Does the Himalaya Shipping (HSHP) CEO have any derivative positions reported in this Form 4?
The Form 4 shows no derivative transactions or remaining derivative positions for the CEO. The derivativeSummary section is empty, and transaction data only covers non-derivative Common Shares, so the filing reflects direct share ownership without options or similar instruments.