Director at Nordic American Tankers (NAT) reports 85,000-share stake

Rhea-AI Filing Summary

NORDIC AMERICAN TANKERS Ltd director Kelly James Jim filed an initial Form 3, reporting beneficial ownership of 85,000 Common Shares as of March 18, 2026. This filing establishes his direct equity position in the company and does not report any new share purchases or sales.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kelly James Jim

Role Director

Type	Security	Shares	Price	Value
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 85,000 shares (Direct)

Key Figures

Director shareholding: 85,000 Common Shares Holding entries: 1 entry Unknown transaction records: 1 record

3 metrics

Director shareholding 85,000 Common Shares Directly owned as of March 18, 2026

Holding entries 1 entry Reported in transaction summary as holdingEntries

Unknown transaction records 1 record Classified under unknownCount in transactionSummary

Key Terms

Form 3, Common Shares, direct ownership

3 terms

Form 3 regulatory

"Director Kelly James Jim filed an initial Form 3 reporting holdings."

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

"The filing reports ownership of 85,000 Common Shares of the issuer."

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.

direct ownership financial

"Shares are reported as direct ownership under the D ownership code."

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

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Accepted by SEC EDGAR 04/23/2026 - 08:39 AM Learn about SEC filing dates

FAQ

What does the NAT Form 3 filed by Kelly James Jim show?

The Form 3 shows that director Kelly James Jim beneficially owns 85,000 Common Shares of NORDIC AMERICAN TANKERS Ltd. This is an initial ownership report required when someone becomes a director or otherwise subject to Section 16 reporting.

Did Kelly James Jim buy or sell NAT shares in this Form 3 filing?

The Form 3 does not report any share purchases or sales. It only lists an existing direct holding of 85,000 Common Shares as of March 18, 2026, serving as a baseline ownership disclosure for regulatory purposes.

How many NORDIC AMERICAN TANKERS (NAT) shares does the director report?

Director Kelly James Jim reports owning 85,000 Common Shares of NORDIC AMERICAN TANKERS Ltd. These shares are reported as directly owned and represent his disclosed equity stake at the time of the Form 3 filing.

What type of security is reported in the NAT Form 3?

The Form 3 reports holdings of Common Shares of NORDIC AMERICAN TANKERS Ltd. No derivative securities, options, or other instrument types are listed in the filing’s transaction and derivative summaries for this reporting person.

Is the NAT Form 3 by Kelly James Jim considered a major insider transaction?

No, this Form 3 is an initial ownership statement, not a major transaction. It records that a company director holds 85,000 Common Shares and does not disclose new buying or selling activity in NORDIC AMERICAN TANKERS shares.

SEC Form 3

FORM 3

UNITED 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^*

Kelly James Jim

(Last) (First) (Middle)

PAR LA VILLE PLACE

14 PAR LA VILLE ROAD

(Street)

HAMILTON HM 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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 Shares	85,000	D

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 Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Jim Kelly	04/23/2026
	** Signature of Reporting Person	Date
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)