Nordic American Tankers (NAT) CEO reports 5.5M Common Share holding
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
Key Figures
Common Shares held: 5,500,000 shares
1 metrics
Common Shares held
5,500,000 shares
Direct ownership as of March 18, 2026
Key Terms
Form 3, Common Shares, beneficial ownership
3 terms
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.
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.
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.
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.