Director at Nordic American (NYSE: NAT) awarded 300K common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NORDIC AMERICAN TANKERS Ltd director Alexander Hansson reported an award of 300,000 shares of common stock at $5.16 per share. This was a grant or other acquisition, not an open‑market purchase. Following this award, his direct holdings total 5,855,000 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hansson Alexander
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 300,000 | $5.16 | $1.55M |
Holdings After Transaction:
Common Stock — 5,855,000 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 300,000 shares
Grant price: $5.16 per share
Shares owned after grant: 5,855,000 shares
3 metrics
Shares granted
300,000 shares
Common Stock award to director on 2026-05-29
Grant price
$5.16 per share
Reported value for the 300,000-share award
Shares owned after grant
5,855,000 shares
Director’s direct holdings following the transaction
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4
3 terms
Common Stock financial
"security_title: "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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Alexander Hansson report in the latest NAT Form 4 filing?
Alexander Hansson reported receiving a grant of 300,000 Nordic American Tankers common shares. The award was recorded at $5.16 per share and increased his direct ownership to 5,855,000 shares, reflecting a compensation-related acquisition rather than an open-market stock purchase.
Was the Nordic American Tankers (NAT) Form 4 transaction a stock purchase?
No, the Form 4 shows a grant or award acquisition of 300,000 NAT common shares, coded as transaction type A. This indicates compensation-related issuance, not an open-market buy, with the shares valued at $5.16 each for reporting purposes.
What does transaction code "A" mean in the Nordic American Tankers Form 4?
Transaction code “A” on the Nordic American Tankers Form 4 signifies a grant, award, or other acquisition of shares. In this case, it reflects a 300,000-share award to director Alexander Hansson at a reported value of $5.16 per share, increasing his direct holdings.