Himalaya Shipping (HSHP) CFO sells 100K shares, now holds none directly
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
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Insider Trade Summary
Net Seller: 100,000 shares
Net Sell
3 txns
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)
- 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.
- 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.
- F3. The share options were exercised at a strike price of US$6.49 per share on 22 May 2026.
Key Figures
Shares sold: 100,000 shares
Sale price per share: $15.85 per share
Weighted average NOK price: NOK 149.31 per share
+5 more
8 metrics
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
Key Terms
Share options (right to buy), exercise price, weighted average price, Oslo Bors
4 terms
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.
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.