STOCK TITAN

Nordic American Tankers (NAT) CEO receives 100,000-share stock grant

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Nordic American Tankers Ltd reported that Chief Executive Officer Herbjorn Hansson received a grant of 100,000 shares of common stock at a reference price of $5.26 per share. Following this award, he directly owns 5,600,000 common shares, indicating this is a compensation-related acquisition rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
Insider Hansson Herbjorn
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Common Stock 100,000 $5.26 $526K
Holdings After Transaction: Common Stock — 5,600,000 shares (Direct, null)
Footnotes (1)
Shares granted 100,000 shares Common Stock grant on 2026-06-03
Grant price $5.26 per share Reference price for stock grant
Shares owned after grant 5,600,000 shares Total direct common stock holdings post-transaction
Transaction type Grant, award, or other acquisition Form 4 code A, non-derivative common stock
Grant, award, or other acquisition financial
"The transaction is described as a grant, award, or other acquisition of common stock."
Common Stock financial
"The reported security title for the transaction is Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"The transaction is classified as non-derivative, involving direct common stock rather than options or warrants."
direct ownership financial
"Ownership is reported as direct, with the code D indicating direct ownership of the shares."
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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*
Hansson Herbjorn

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

(Street)
HAMILTONHM 08

(City)(State)(Zip)

BERMUDA

(Country)
2. Issuer Name and Ticker or Trading Symbol
NORDIC AMERICAN TANKERS Ltd [ NAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
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 Stock06/03/2026A100,000A$5.265,600,000D
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
Explanation of Responses:
/s/ Herbjorn Hansson06/04/2026
** 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)

FAQ

What insider transaction did NAT CEO Herbjorn Hansson report?

Herbjorn Hansson reported receiving a grant of 100,000 NAT common shares. The award was recorded at a price of $5.26 per share and is categorized as a grant, award, or other acquisition rather than an open-market stock purchase.

Was the NAT CEO’s recent Form 4 transaction a stock purchase or a grant?

The transaction was a share grant, not an open-market stock purchase. It is classified as a “Grant, award, or other acquisition,” reflecting compensation-related stock issuance rather than a discretionary buy in the market by the CEO.

How many Nordic American Tankers shares does the CEO own after this grant?

After receiving the 100,000-share grant, the CEO directly owns 5,600,000 common shares. This figure reflects his total direct holdings reported in the Form 4 following the award, placing the new grant in context of a much larger existing position.

What was the reported price per share for the NAT CEO’s stock grant?

The stock grant to the NAT CEO was recorded at $5.26 per share. This figure represents the reference price used in the Form 4 for the 100,000-share award, helping investors gauge the notional value of the compensation-related transaction disclosed.

Does the NAT Form 4 filing show any insider stock sales?

The Form 4 discloses no insider stock sales by the CEO. It reports only one transaction: an acquisition classified as a grant, award, or other acquisition of 100,000 common shares, with no dispositions or derivative exercises listed in the transaction summary.