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Nordic American Tankers (NAT) CEO reports 5.5M Common Share holding

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Nordic American Tankers Ltd director and CEO Herbjorn Hansson has filed an initial Form 3 reporting his ownership in the company. The filing shows he holds 5,500,000 Common Shares directly as of March 18, 2026. This Form 3 records existing holdings rather than new share purchases or sales.

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Insider Hansson Herbjorn
Role Chief Executive Officer
Type Security Shares Price Value
holding Common Shares -- -- --
Holdings After Transaction: Common Shares — 5,500,000 shares (Direct)
Common Shares held 5,500,000 shares Direct ownership as of March 18, 2026
Form 3 regulatory
"Initial statement of beneficial ownership (Form 3) by CEO and director"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Common Shares financial
"Security title reported as Common Shares of Nordic American Tankers Ltd"
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
beneficial ownership financial
"Form 3 is an initial statement of beneficial ownership by an insider"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

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

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FAQ

What does the Nordic American Tankers (NAT) Form 3 filing show?

The Form 3 shows CEO and director Herbjorn Hansson reporting his existing stake in Nordic American Tankers. He directly holds 5,500,000 Common Shares as of March 18, 2026, with no new share purchases or sales disclosed.

How many Nordic American Tankers (NAT) shares does the CEO hold?

The CEO, Herbjorn Hansson, reports direct ownership of 5,500,000 Common Shares of Nordic American Tankers. This figure reflects his holdings as of March 18, 2026, according to the Form 3 insider ownership statement.

Is the Nordic American Tankers (NAT) Form 3 a buy or sell transaction?

The Form 3 is not a buy or sell transaction. It is an initial ownership report where CEO Herbjorn Hansson discloses that he directly holds 5,500,000 Common Shares as of March 18, 2026, with no trades reported.

What role does Herbjorn Hansson have at Nordic American Tankers (NAT)?

Herbjorn Hansson is reported as both a director and the Chief Executive Officer of Nordic American Tankers. His Form 3 filing discloses his direct ownership of 5,500,000 Common Shares in the company as of March 18, 2026.

What type of security is reported in the Nordic American Tankers (NAT) Form 3?

The Form 3 reports ownership of Common Shares of Nordic American Tankers Ltd. CEO and director Herbjorn Hansson holds 5,500,000 of these Common Shares directly as of March 18, 2026, with no derivative securities listed.
SEC Form 3
FORM 3UNITED 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*
Hansson Herbjorn

(Last)(First)(Middle)
PAR LA VILLE PLACE
14 PAR LA VILLE ROAD

(Street)
HAMILTONHM 08

(City)(State)(Zip)

BERMUDA

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
NORDIC AMERICAN TANKERS Ltd [ NAT ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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 Shares5,500,000D
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 ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Herbjorn Hansson04/09/2026
** 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 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.
* Form 3: SEC 1473 (03-26)