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Himalaya Shipping (HSHP) CFO sells 100K shares, now holds none directly

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Himalaya Shipping Ltd. (HSHP) reports that Contracted CFO Vidar Hasund sold 100,000 Common Shares on 18 August 2026 at a reported U.S. dollar price of $15.85 per share, converted from trades executed in Norwegian Krone at a weighted average price of NOK 149.31 using an exchange rate of $1.00 = 9.4177 NOK. Following this sale, his directly held Common Shares are reported as 0. He continues to hold share options with a strike (exercise) price of $7.50 per share, exercisable into 20,000 Common Shares and expiring on 31 March 2030, along with an additional option line with an exercise price of $8.00 expiring on 8 December 2026.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider Hasund Vidar
Role Contracted CFO
Sold 100,000 shs ($1.58M)
Type Security Shares Price Value
Sale Common Shares F1 100,000 $15.85 $1.58M
holding Share options (right to buy) F2 -- -- --
holding Share options (right to buy) F2, F3 -- -- --
Holdings After Transaction: Common Shares — 0 shares (Direct); Share options (right to buy) — 20,000 shares (Direct)
Footnotes (3)
  1. F1. The share options were exercised at a strike price of US$6.49 per share on 22 May 2026 and they were sold in Norwegian Krone (NOK) on the Oslo Bors at a weighted average price of NOK 149.31. The price reported in Column 4 has been converted into U.S. Dollars using the exchange rate of $1.00 USD = 9.4177 NOK on the transaction date 18 August 2026.
  2. F2. 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.
  3. F3. The share options were exercised at a strike price of US$6.49 per share on 22 May 2026.
Shares sold 100,000 shares Common Shares sold by Contracted CFO on 18 August 2026
Sale price per share $15.85 per share USD price reported after converting from NOK using exchange rate on 18 August 2026
Weighted average NOK price NOK 149.31 per share Weighted average price on Oslo Bors for the reported sale
FX rate $1.00 = 9.4177 NOK Exchange rate used to convert NOK sale price into U.S. dollars
Shares held after sale 0 shares Directly held Common Shares following the reported transaction
Option exercise price $7.50 per share Share options (right to buy) into 20,000 Common Shares, expiring 31 March 2030
Underlying option shares 20,000 shares Common Shares underlying remaining option position at $7.50 exercise price
Additional option exercise price $8.00 per share Share options (right to buy) expiring 8 December 2026
Share options (right to buy) financial
"security_title: "Share options (right to buy)""
exercise price financial
"Exercise price of share options shown on the form are as of the date of grant."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
weighted average price financial
"sold in Norwegian Krone (NOK) on the Oslo Bors at a weighted average price of NOK 149.31."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Oslo Bors financial
"sold in Norwegian Krone (NOK) on the Oslo Bors at a weighted average price"

FAQ

What insider transaction did HSHP Contracted CFO Vidar Hasund report on this Form 4?

Vidar Hasund reported selling 100,000 Common Shares of Himalaya Shipping Ltd. (HSHP) on 18 August 2026. The sale price was reported as $15.85 per share, based on trades executed in Norwegian Krone and converted to U.S. dollars.

At what price were the HSHP shares sold and how was it determined?

The HSHP shares were reported sold at $15.85 per share. This reflects a weighted average sale price of NOK 149.31 on the Oslo Bors, converted using an exchange rate of $1.00 = 9.4177 NOK on 18 August 2026.

How many HSHP shares does Vidar Hasund hold after this reported sale?

After the reported transaction, Vidar Hasund is shown holding 0 Common Shares of HSHP directly. The filing also reports continuing holdings of share options over HSHP Common Shares, which are separate from direct share ownership.

What HSHP share options does Vidar Hasund continue to hold?

He holds share options with a strike price of $7.50 per share, exercisable into 20,000 Common Shares and expiring on 31 March 2030. Another option line carries an exercise price of $8.00 and an expiration date of 8 December 2026.

On which exchange were the HSHP share sales executed and in what currency?

The HSHP share sales were executed on the Oslo Bors in Norwegian Krone (NOK). The Form 4 converts the resulting weighted average price to $15.85 per share using a specific NOK-to-USD exchange rate.

What does the Form 4 say about the exercise price of Vidar Hasund’s HSHP options?

The Form 4 notes option exercise prices, such as $7.50 and $8.00 per share, are shown as of the grant date. It states these exercise prices are reduced by dividends and/or cash distributions declared after the grant date.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hasund Vidar

(Last)(First)(Middle)
2ND FLOOR, S E PEARMAN BUILDING
9 PAR-LA-VILLE ROAD

(Street)
HAMILTONHM11

(City)(State)(Zip)

BERMUDA

(Country)
2. Issuer Name and Ticker or Trading Symbol
Himalaya Shipping Ltd. [ HSHP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Contracted CFO
2a. Foreign Trading Symbol
[HSHP]
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares08/18/202608/18/2026SV100,000D$15.85(1)0D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Share options (right to buy)$7.5(2)04/01/202803/31/2030Common Shares20,00020,000D
Share options (right to buy)$8(2)12/09/202412/08/2026(3)Common Shares00D
Explanation of Responses:
1. The share options were exercised at a strike price of US$6.49 per share on 22 May 2026 and they were sold in Norwegian Krone (NOK) on the Oslo Bors at a weighted average price of NOK 149.31. The price reported in Column 4 has been converted into U.S. Dollars using the exchange rate of $1.00 USD = 9.4177 NOK on the transaction date 18 August 2026.
2. 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.
3. The share options were exercised at a strike price of US$6.49 per share on 22 May 2026.
Remarks:
/s/ Mi Hong Yoon as attorney-in -fact for Vidar Hasund08/19/2026
** Signature of Reporting PersonDate
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 4 (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.
* Form 4: SEC 1474 (03-26)