Opera (OPRA) CFO Frode Jacobsen discloses 113,325 ADS ownership on Form 3

Rhea-AI Filing Summary

Opera Ltd executive Frode Jacobsen, the Chief Financial Officer, has filed an initial ownership report showing his holdings in the company. The Form 3 lists beneficial ownership of 113,325 American Depositary Shares of Opera, held directly. Each American Depositary Share represents one ordinary share of Opera Ltd.

The filing is categorized as a holding entry with no reported purchases, sales, or option exercises. It simply establishes Jacobsen’s current equity position as a senior officer, giving investors a clear view of his direct stake in the company’s shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jacobsen Frode

Role Chief Financial Officer

Type	Security	Shares	Price	Value
holding	American Depositary Shares	--	--	--

Holdings After Transaction: American Depositary Shares — 113,325 shares (Direct)

Footnotes (1)

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Understanding Insider Trading Forms →

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

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1. Name and Address of Reporting Person^*

Jacobsen Frode

(Last) (First) (Middle)

C/O OPERA LTD

P.O. BOX 4214 NYDALEN

(Street)

OSLO 0401

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Opera Ltd [ OPRA ]

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)

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

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)
American Depositary Shares(1)	113,325	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:

1. Each American Depositary Share ("ADS") represents one Ordinary Share of the Issuer.

Remarks:

The Issuer is a foreign private issuer as defined under Rule 3b-4 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). In accordance with Rule 3a12-3(b) under the Exchange Act, the Reporting Person is exempt from the short-swing profit recovery provisions of Section 16(b) of the Exchange Act.

	/s/ Aaron McParlan, attorney-in-fact for Frode Jacobsen	03/18/2026
	** 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)

FAQ

What does Frode Jacobsen’s Form 3 filing for Opera (OPRA) show?

The Form 3 shows that Chief Financial Officer Frode Jacobsen holds 113,325 American Depositary Shares of Opera Ltd directly. This initial ownership report establishes his current equity stake as a company officer without reporting any new transactions.

How many Opera (OPRA) shares does the CFO report owning on Form 3?

Chief Financial Officer Frode Jacobsen reports beneficial ownership of 113,325 American Depositary Shares of Opera Ltd. These shares are listed as directly owned and represent his disclosed equity position in the company at the time of the Form 3 filing.

What is the relationship between Opera (OPRA) ADS and ordinary shares in this filing?

The filing states that each American Depositary Share represents one ordinary share of Opera Ltd. This one-to-one ratio means Jacobsen’s reported 113,325 ADS correspond to the same number of underlying ordinary shares of the issuer.

Does Opera (OPRA) CFO Frode Jacobsen’s Form 3 indicate any recent trades?

No trades are indicated. The Form 3 is categorized as a holding entry, and the transaction summary shows no reported purchases, sales, exercises, gifts, or restructurings. It simply discloses Jacobsen’s existing ownership of 113,325 American Depositary Shares.

Why is Frode Jacobsen’s Form 3 for Opera (OPRA) important to investors?

Form 3 filings disclose an insider’s initial ownership position. Here, Opera’s CFO Frode Jacobsen reports holding 113,325 ADS, giving investors visibility into a key executive’s direct stake in the company’s equity as of the reporting date.