NVGS CCO exercises 46K options, withholds shares for tax

Navigator Holdings Ltd. Chief Commercial Officer Øyvind Lindeman exercised employee share options to acquire 46,308 shares of common stock at an exercise price of $14.79 per share.

Rhea-AI Filing Summary

Navigator Holdings Ltd. Chief Commercial Officer Øyvind Lindeman exercised employee share options to acquire 46,308 shares of common stock at an exercise price of $14.79 per share. To cover tax obligations, 31,562 shares were disposed of in a tax-withholding transaction at $22.54 per share, leaving 14,746 common shares held directly. The exercise price was adjusted from $15.45 to $14.79 under the company’s equity compensation plan to reflect dividends paid.

Insider Trade Summary

46,308 shares exercised/converted

Exercise 3 txns

Insider Lindeman Oeyvind

Role Chief Commercial Officer

Type	Security	Shares	Price	Value
Exercise	Employee Share Option (right to buy)	46,308	$0.00	$0.00
Exercise	Common Stock	46,308	$14.79	$685K
Exercise Price or Tax Liability	Common Stock	31,562	$22.54	$711K

Holdings After Transaction: Employee Share Option (right to buy) — 0 contracts (Direct); Common Stock — 14,746 shares (Direct)

Footnotes (1)

1. F1. In accordance with the terms of the Issuer's equity compensation plan, the exercise price was adjusted from $15.45 to $14.79 to account for the dividends paid by the Issuer.

Key Figures

Options exercised: 46,308 shares Exercise price: $14.79 per share Tax-withholding shares: 31,562 shares +3 more

6 metrics

Options exercised 46,308 shares Employee share options for common stock exercised on June 18, 2026

Exercise price $14.79 per share Adjusted option exercise price under equity compensation plan

Tax-withholding shares 31,562 shares Common shares disposed of for tax withholding at $22.54 per share

Tax-withholding price $22.54 per share Value used for tax-withholding disposition of common shares

Post-transaction holdings 14,746 shares Direct common shares held after tax-withholding transaction

Original exercise price $15.45 per share Pre-adjustment exercise price before dividend-related adjustment

Key Terms

tax-withholding disposition, Exercise or conversion of derivative security, Employee Share Option (right to buy), equity compensation plan, +1 more

5 terms

tax-withholding disposition financial

"31,562 shares were disposed of in a tax-withholding transaction at $22.54 per share"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

Employee Share Option (right to buy) financial

"security_title: Employee Share Option (right to buy)"

equity compensation plan financial

"In accordance with the terms of the Issuer's equity compensation plan, the exercise price was adjusted"

A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.

derivative security financial

"transaction_type: derivative, transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NVGS Chief Commercial Officer Øyvind Lindeman report?

Øyvind Lindeman reported exercising employee share options for 46,308 Navigator Holdings common shares at $14.79 per share. As part of this event, a portion of shares was simultaneously disposed of to satisfy related tax obligations under the company’s equity compensation plan.

How many Navigator Holdings (NVGS) shares were used for tax withholding?

A total of 31,562 Navigator Holdings common shares were disposed of as a tax-withholding transaction at $22.54 per share. This represents shares withheld to cover exercise-related tax liabilities, not an open-market sale initiated for portfolio or valuation reasons.

What is the exercise price of the options Lindeman exercised at Navigator Holdings (NVGS)?

The employee share options were exercised at an adjusted exercise price of $14.79 per share. This price was reduced from $15.45 under the company’s equity compensation plan to account for dividends that Navigator Holdings previously paid to shareholders.

How many Navigator Holdings (NVGS) shares does Øyvind Lindeman hold after the reported transactions?

Following the tax-withholding disposition, Lindeman directly holds 14,746 Navigator Holdings common shares. The filing also shows that all 46,308 employee share options referenced were exercised, with no remaining balance for that specific option grant after the transaction.

Were any stock options remaining for Øyvind Lindeman after these NVGS transactions?

For the specific employee share option grant covering 46,308 underlying shares, the remaining derivative position is reported as zero. This indicates that particular option position was fully exercised, with none of those options left outstanding after the June 18, 2026 transaction.

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

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Accepted by SEC EDGAR 06/23/2026 - 02:15 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Lindeman Oeyvind

(Last) (First) (Middle)

10 BRESSENDEN PLACE

(Street)

LONDON UNITED KINGDOM SW1E 5DH

(City) (State) (Zip)

UNITED KINGDOM

(Country)

2. Issuer Name and Ticker or Trading Symbol
Navigator Holdings Ltd. [ NVGS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/18/2026		M		46,308	A	$14.79	46,308	D
Common Stock	06/18/2026		F		31,562	D	$22.54	14,746	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Share Option (right to buy)	$14.79(1)	06/18/2026		M			46,308	03/17/2026	03/17/2029	Common Stock	46,308	$0	0	D

Explanation of Responses:

1. In accordance with the terms of the Issuer's equity compensation plan, the exercise price was adjusted from $15.45 to $14.79 to account for the dividends paid by the Issuer.

	/s/ John Reay, attorney-in-fact	06/23/2026
	** 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 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)