SFL Corp (NYSE: SFL) CFO details option grants and share holdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SFL Corp Ltd. Chief Financial Officer Aksel Olesen filed an initial ownership report listing his equity interests in the company. The filing shows several tranches of share options over common shares with exercise prices ranging from $4.25 to $10.28, each expiring between 2026 and 2031. The options vest over three-year periods in equal annual installments and become exercisable upon vesting. Olesen also reports direct ownership of 3,501 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Olesen Aksel
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share options | -- | -- | -- |
| holding | Share options | -- | -- | -- |
| holding | Share options | -- | -- | -- |
| holding | Share options | -- | -- | -- |
| holding | Share options | -- | -- | -- |
| holding | Share options | -- | -- | -- |
| holding | Common shares | -- | -- | -- |
Holdings After Transaction:
Share options — 80,000 shares (Direct);
Common shares — 3,501 shares (Direct)
Footnotes (1)
- The share options issued pursuant to the Issuer's Share Option Scheme vest over a three-year period in increments of 1/3 per annum with initial vesting on May 13, 2022 and subsequent vesting on May 13, 2023 and May 13, 2024. These share options become exercisable upon vesting. The share options issued pursuant to the Issuer's Share Option Scheme vest over a three-year period in increments of 1/3 per annum with initial vesting on February 15, 2023 and subsequent vesting on February 15, 2024 and February 15, 2025. These share options become exercisable upon vesting. The share options issued pursuant to the Issuer's Share Option Scheme vest over a three-year period in increments of 1/3 per annum with initial vesting on February 14, 2024 and subsequent vesting on February 14, 2025 and February 14, 2026. These share options become exercisable upon vesting. The share options issued pursuant to the Issuer's Share Option Scheme vest over a three-year period in increments of 1/3 per annum with initial vesting on February 13, 2025 and subsequent vesting on February 13, 2026 and February 13, 2027. These share options become exercisable upon vesting. The share options issued pursuant to the Issuer's Share Option Scheme vest over a three-year period in increments of 1/3 per annum with initial vesting on March 12, 2026 and subsequent vesting on March 12, 2027 and March 12, 2028. These share options become exercisable upon vesting. The share options issued pursuant to the Issuer's Share Option Scheme vest over a three-year period in increments of 1/3 per annum with initial vesting on February 19, 2027 and subsequent vesting on February 19, 2028 and February 19, 2029. These share options become exercisable upon vesting.
FAQ
What does SFL (SFL Corp Ltd.) CFO Aksel Olesen report in this Form 3 filing?
CFO Aksel Olesen reports his existing equity holdings in SFL Corp Ltd., including multiple share option grants and 3,501 common shares. The options cover specified numbers of common shares with defined exercise prices and expiration dates, reflecting his long-term compensation structure.
Does the SFL Form 3 show any insider buying or selling by Aksel Olesen?
The Form 3 is an initial ownership report and lists Aksel Olesen’s existing share options and common share holdings. It does not report open-market purchases or sales, focusing instead on his current equity-based compensation and direct share position.