Novo Nordisk (NVO) leaders receive LTIP shares and sell portions to cover taxes
Rhea-AI Filing Summary
Novo Nordisk A/S has reported several insider transactions by board and executive members under its Long Term Incentive programme, as required by market abuse regulations. Shares of Novo Nordisk B (ISIN DK0062498333) were transferred at a price of DKK 0.00 to multiple senior leaders, including Board member Liselotte Sofie Hyveled (1,085 shares) and President and CEO Maziar Mike Doustdar (28,049 shares).
Executives such as David Moore, Emil Kongshøj Larsen, Tania Sabroe, Martin Holst Lange, Thilde Hummel Bøgebjerg, Karsten Munk Knudsen, Kasper Bødker Mejlvang and Ludovic Helfgott also received share transfers ranging from 5,009 to 26,557 shares. In addition, David Moore sold 6,845 shares and Emil Kongshøj Larsen sold 3,645 shares on Nasdaq Copenhagen at DKK 304.72 per share to cover taxes related to these incentive share transfers.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
FORM 6-K
________________
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
February 5, 2026
________________
NOVO NORDISK A/S
(Exact name of Registrant as specified in its charter)
Novo Allé 1
DK- 2880, Bagsvaerd
Denmark
(Address of principal executive offices)
________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F
| Form 20-F ☒ | Form 40-F ☐ |
Trading in Novo Nordisk shares by board members, executives and associated persons
Bagsværd, Denmark, 5 February 2026 — This company announcement discloses the data of the transaction(s) made in Novo Nordisk shares by the company’s board members, executives and their associated persons in accordance with Article 19 of Regulation No. 596/2014 on market abuse. The company’s board members, executives and their associated persons have reported the transactions to Novo Nordisk.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name of the Board member/Executive/Associated Person | Liselotte Sofie Hyveled | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Member of the Board of Directors | |||
| b) | Initial notification/Amendment | Initial notification | |||
| 3 | Details of the issuer | ||||
| a) | Name | Novo Nordisk A/S | |||
| b) | LEI | 549300DAQ1CVT6CXN342 | |||
| 4 | Details of the transaction(s) | ||||
| a) |
Description of the financial instrument, type of instrument, |
Shares | |||
| Identification code | Novo Nordisk B DK0062498333 | ||||
| b) | Nature of the transaction |
Other transaction (transfer of shares in accordance with Long Term Incentive programme) | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| DKK 0.00 | 1,085 | ||||
| d) |
Aggregated information · Aggregated volume · Price |
1,085 shares DKK 0.00 | |||
| e) | Date of the transaction | 2026-02-04 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name of the Board member/Executive/Associated Person | Maziar Mike Doustdar | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | President and CEO | |||
| b) | Initial notification/Amendment | Initial notification | |||
| 3 | Details of the issuer | ||||
| a) | Name | Novo Nordisk A/S | |||
| b) | LEI | 549300DAQ1CVT6CXN342 | |||
| 4 | Details of the transaction(s) | ||||
| a) |
Description of the financial instrument, type of instrument, |
Shares | |||
| Identification code | Novo Nordisk B DK0062498333 | ||||
| b) | Nature of the transaction |
Other transaction (transfer of shares in accordance with Long Term Incentive programme) | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| DKK 0.00 | 28,049 | ||||
| d) |
Aggregated information · Aggregated volume · Price |
28,049 shares DKK 0.00 | |||
| e) | Date of the transaction | 2026-02-04 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name of the Board member/Executive/Associated Person | David Moore | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Executive Vice President, US Operations | |||
| b) | Initial notification/Amendment | Initial notification | |||
| 3 | Details of the issuer | ||||
| a) | Name | Novo Nordisk A/S | |||
| b) | LEI | 549300DAQ1CVT6CXN342 | |||
| 4 | Details of the transaction(s) | ||||
| a) |
Description of the financial instrument, type of instrument, |
Shares | |||
| Identification code | Novo Nordisk B DK0062498333 | ||||
| b) | Nature of the transaction |
Other transaction (transfer of shares in accordance with Long Term Incentive programme) | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| DKK 0.00 | 23,895 | ||||
| d) |
Aggregated information · Aggregated volume · Price |
23,895 shares DKK 0.00 | |||
| e) | Date of the transaction | 2026-02-04 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name of the Board member/Executive/Associated Person | David Moore | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Executive Vice President, US Operations | |||
| b) | Initial notification/Amendment | Initial notification | |||
| 3 | Details of the issuer | ||||
| a) | Name | Novo Nordisk A/S | |||
| b) | LEI | 549300DAQ1CVT6CXN342 | |||
| 4 | Details of the transaction(s) | ||||
| a) |
Description of the financial instrument, type of instrument, |
Shares | |||
| Identification code | Novo Nordisk B DK0062498333 | ||||
| b) | Nature of the transaction | Sale of shares (to cover tax on shares transferred in accordance with Long Term Incentive programme) | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| DKK 304.72 | 6,845 | ||||
| d) |
Aggregated information · Aggregated volume · Price |
6,845 shares DKK 2,085,839.07 | |||
| e) | Date of the transaction | 2026-02-04 | |||
| f) | Place of the transaction | Nasdaq Copenhagen | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name of the Board member/Executive/Associated Person | Emil Kongshøj Larsen | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Executive Vice President, International Operations | |||
| b) | Initial notification/Amendment | Initial notification | |||
| 3 | Details of the issuer | ||||
| a) | Name | Novo Nordisk A/S | |||
| b) | LEI | 549300DAQ1CVT6CXN342 | |||
| 4 | Details of the transaction(s) | ||||
| a) |
Description of the financial instrument, type of instrument, |
Shares | |||
| Identification code | Novo Nordisk B DK0062498333 | ||||
| b) | Nature of the transaction |
Other transaction (transfer of shares in accordance with Long Term Incentive programme) | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| DKK 0.00 | 7,289 | ||||
| d) |
Aggregated information · Aggregated volume · Price |
7,289 shares DKK 0.00 | |||
| e) | Date of the transaction | 2026-02-04 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name of the Board member/Executive/Associated Person | Emil Kongshøj Larsen | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Executive Vice President, International Operations | |||
| b) | Initial notification/Amendment | Initial notification | |||
| 3 | Details of the issuer | ||||
| a) | Name | Novo Nordisk A/S | |||
| b) | LEI | 549300DAQ1CVT6CXN342 | |||
| 4 | Details of the transaction(s) | ||||
| a) |
Description of the financial instrument, type of instrument, |
Shares | |||
| Identification code | Novo Nordisk B DK0062498333 | ||||
| b) | Nature of the transaction | Sale of shares (to cover taxes transferred in accordance with Long Term Incentive programme) | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| DKK 304.72 | 3,645 | ||||
| d) |
Aggregated information · Aggregated volume · Price |
3,645 shares DKK 1,110,720.73 | |||
| e) | Date of the transaction | 2026-02-04 | |||
| f) | Place of the transaction | Nasdaq Copenhagen | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name of the Board member/Executive/Associated Person | Tania Sabroe | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Executive Vice President, People, Organisation & Corporate Affairs | |||
| b) | Initial notification/Amendment | Initial notification | |||
| 3 | Details of the issuer | ||||
| a) | Name | Novo Nordisk A/S | |||
| b) | LEI | 549300DAQ1CVT6CXN342 | |||
| 4 | Details of the transaction(s) | ||||
| a) |
Description of the financial instrument, type of instrument, |
Shares | |||
| Identification code | Novo Nordisk B DK0062498333 | ||||
| b) | Nature of the transaction |
Other transaction (transfer of shares in accordance with Long Term Incentive programme) | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| DKK 0.00 | 11,562 | ||||
| d) |
Aggregated information · Aggregated volume · Price |
11,562 shares DKK 0.00 | |||
| e) | Date of the transaction | 2026-02-04 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name of the Board member/Executive/Associated Person | Martin Holst Lange | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Executive Vice President, R&D and Chief Scientific Officer (CSO) | |||
| b) | Initial notification/Amendment | Initial notification | |||
| 3 | Details of the issuer | ||||
| a) | Name | Novo Nordisk A/S | |||
| b) | LEI | 549300DAQ1CVT6CXN342 | |||
| 4 | Details of the transaction(s) | ||||
| a) |
Description of the financial instrument, type of instrument, |
Shares | |||
| Identification code | Novo Nordisk B DK0062498333 | ||||
| b) | Nature of the transaction |
Other transaction (transfer of shares in accordance with Long Term Incentive programme) | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| DKK 0.00 | 23,092 | ||||
| d) |
Aggregated information · Aggregated volume · Price |
23,092 shares DKK 0.00 | |||
| e) | Date of the transaction | 2026-02-04 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name of the Board member/Executive/Associated Person | Thilde Hummel Bøgebjerg | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Executive Vice President, Enterprise IT & Quality | |||
| b) | Initial notification/Amendment | Initial notification | |||
| 3 | Details of the issuer | ||||
| a) | Name | Novo Nordisk A/S | |||
| b) | LEI | 549300DAQ1CVT6CXN342 | |||
| 4 | Details of the transaction(s) | ||||
| a) |
Description of the financial instrument, type of instrument, |
Shares | |||
| Identification code | Novo Nordisk B DK0062498333 | ||||
| b) | Nature of the transaction |
Other transaction (transfer of shares in accordance with Long Term Incentive programme) | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| DKK 0.00 | 5,009 | ||||
| d) |
Aggregated information · Aggregated volume · Price |
5,009 shares DKK 0.00 | |||
| e) | Date of the transaction | 2026-02-04 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name of the Board member/Executive/Associated Person | Karsten Munk Knudsen | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Executive Vice President, Chief Financial Officer (CFO) | |||
| b) | Initial notification/Amendment | Initial notification | |||
| 3 | Details of the issuer | ||||
| a) | Name | Novo Nordisk A/S | |||
| b) | LEI | 549300DAQ1CVT6CXN342 | |||
| 4 | Details of the transaction(s) | ||||
| a) |
Description of the financial instrument, type of instrument, |
Shares | |||
| Identification code | Novo Nordisk B DK0062498333 | ||||
| b) | Nature of the transaction |
Other transaction (transfer of shares in accordance with Long Term Incentive programme) | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| DKK 0.00 | 26,557 | ||||
| d) |
Aggregated information · Aggregated volume · Price |
26,557 shares DKK 0.00 | |||
| e) | Date of the transaction | 2026-02-04 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name of the Board member/Executive/Associated Person | Kasper Bødker Mejlvang | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Executive Vice President, CMC & Product Supply | |||
| b) | Initial notification/Amendment | Initial notification | |||
| 3 | Details of the issuer | ||||
| a) | Name | Novo Nordisk A/S | |||
| b) | LEI | 549300DAQ1CVT6CXN342 | |||
| 4 | Details of the transaction(s) | ||||
| a) |
Description of the financial instrument, type of instrument, |
Shares | |||
| Identification code | Novo Nordisk B DK0062498333 | ||||
| b) | Nature of the transaction |
Other transaction (transfer of shares in accordance with Long Term Incentive programme) | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| DKK 0.00 | 6,706 | ||||
| d) |
Aggregated information · Aggregated volume · Price |
6,706 shares DKK 0.00 | |||
| e) | Date of the transaction | 2026-02-04 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name of the Board member/Executive/Associated Person | Ludovic Helfgott | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Executive Vice President, Product & Portfolio Strategy | |||
| b) | Initial notification/Amendment | Initial notification | |||
| 3 | Details of the issuer | ||||
| a) | Name | Novo Nordisk A/S | |||
| b) | LEI | 549300DAQ1CVT6CXN342 | |||
| 4 | Details of the transaction(s) | ||||
| a) |
Description of the financial instrument, type of instrument, |
Shares | |||
| Identification code | Novo Nordisk B DK0062498333 | ||||
| b) | Nature of the transaction |
Other transaction (transfer of shares in accordance with Long Term Incentive programme) | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| DKK 0.00 | 21,075 | ||||
| d) |
Aggregated information · Aggregated volume · Price |
21,075 shares DKK 0.00 | |||
| e) | Date of the transaction | 2026-02-04 | |||
| f) | Place of the transaction | Outside a trading venue | |||
About Novo Nordisk
Novo Nordisk is a leading global healthcare company founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat serious chronic diseases built upon our heritage in diabetes. We do so by pioneering scientific breakthroughs, expanding access to our medicines and working to prevent and ultimately cure disease. Novo Nordisk employs about 68,800 people in 80 countries and markets its products in around 170 countries. Novo Nordisk's B shares are listed on Nasdaq Copenhagen (Novo-B). Its ADRs are listed on the New York Stock Exchange (NVO). For more information, visit novonordisk.com, Facebook, Instagram, X, LinkedIn and YouTube.
Contacts for further information
| Media: | |
| Ambre James-Brown | Liz Skrbkova (US) |
| +45 3079 9289 | +1 609 917 0632 |
| abmo@novonordisk.com | lzsk@novonordisk.com |
| Investors: | |
| Michael Novod | Jacob Martin Wiborg Rode |
| +45 3075 6050 | +45 3075 5956 |
| nvno@novonordisk.com | jrde@novonordisk.com |
| Max Ung | Sina Meyer |
| +45 3077 6414 | +45 3079 6656 |
| mxun@novonordisk.com | azey@novonordisk.com |
| Alex Bruce | Christoffer Sho Togo Tullin |
| +45 34 44 26 13 | +45 3079 1471 |
| axeu@novonordisk.com | cftu@novonordisk.com |
| Frederik Taylor Pitter | |
| +1 609 613 0568 | |
| fptr@novonordisk.com |
Novo Nordisk A/S Investor Relations | Novo Allé 1 2880 Bagsværd Denmark | Telephone: +45 4444 8888 | Internet: |
| Company announcement No 07 / 2026 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized.
| Date: February 5, 2026 |
NOVO NORDISK A/S
Maziar Mike Doustdar Chief Executive Officer |
FAQ
What insider share transactions did Novo Nordisk (NVO) report in this 6-K?
Which Novo Nordisk executives received shares under the Long Term Incentive programme?
Did any Novo Nordisk insiders sell shares, and for what purpose?
At what price were Novo Nordisk insider tax-cover sales executed?
What financial instrument is involved in Novo Nordisk’s reported insider transactions?
On what date did the reported Novo Nordisk insider transactions take place?
