SFL Corp (NYSE: SFL) director reports common shares and option grants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SFL Corp Ltd. director Cordia Kornelis Jan Willem has filed an initial ownership report showing his current equity position. He directly holds 12,647 common shares of SFL. In addition, he holds multiple tranches of share options over common shares with exercise prices ranging from $4.2500 to $10.2800, expiring between 2026 and 2031. Footnotes state these options were granted under the issuer's share option scheme and vest in equal one‑third installments over three years for each grant, becoming exercisable as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Cordia Kornelis Jan Willem
Role
Director
| 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 — 25,000 shares (Direct);
Common shares — 12,647 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 the SFL (SFL) Form 3 filing by Cordia Kornelis Jan Willem show?
The Form 3 shows his initial ownership in SFL Corp Ltd. He reports direct ownership of 12,647 common shares and several share option grants over common shares with various exercise prices and expiration dates, all issued under the company’s share option scheme with three-year graded vesting.
Does the SFL Form 3 indicate any recent buying or selling by Cordia Kornelis Jan Willem?
The Form 3 reflects holdings, not recent buy or sell transactions. The filing lists existing common share ownership and outstanding share options with their terms. No open-market purchase or sale codes are reported; it is an initial ownership disclosure for a company insider.