SFL Corp (NYSE: SFL) director reports multiple share option awards
Rhea-AI Filing Summary
SFL Corp Ltd. director Kathrine Astrup Fredriksen filed an initial ownership report showing holdings of multiple share option awards over SFL common shares. The positions include 25,000 options with a $4.25 exercise price expiring on May 13, 2026 and 30,000 options at $4.67 expiring on February 15, 2027.
She also reports 25,000 options at $7.16 expiring on February 14, 2028, 25,000 options at $9.81 expiring on February 13, 2029, 26,000 options at $7.52 expiring on March 12, 2030, and 35,000 options at $10.28 expiring on February 19, 2031. Footnotes state these options were issued under SFL’s Share Option Scheme and vest in equal one‑third installments over three years, becoming exercisable upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Fredriksen Kathrine Astrup
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 | -- | -- | -- |
Holdings After Transaction:
Share options — 166,000 shares (Direct)
Footnotes (6)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
Key Figures
Options at $4.25: 25,000 options at $4.25
Options at $4.67: 30,000 options at $4.67
Options at $7.16: 25,000 options at $7.16
+3 more
6 metrics
Options at $4.25
25,000 options at $4.25
Exercise price; expiration May 13, 2026
Options at $4.67
30,000 options at $4.67
Exercise price; expiration February 15, 2027
Options at $7.16
25,000 options at $7.16
Exercise price; expiration February 14, 2028
Options at $9.81
25,000 options at $9.81
Exercise price; expiration February 13, 2029
Options at $7.52
26,000 options at $7.52
Exercise price; expiration March 12, 2030
Options at $10.28
35,000 options at $10.28
Exercise price; expiration February 19, 2031
Key Terms
Share options, Share Option Scheme, exercise price, expiration date, +1 more
5 terms
exercise price financial
"conversion_or_exercise_price: "4.2500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2031-02-19T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
derivative securities financial
"The data reflects holdings of derivative securities rather than open‑market trades"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What does the SFL (SFL) Form 3 filing by Kathrine Astrup Fredriksen show?
The Form 3 shows director Kathrine Astrup Fredriksen’s existing share option holdings in SFL Corp Ltd. She reports several option awards over common shares with different exercise prices, expirations, and three-year vesting schedules under the company’s Share Option Scheme.
What are the exercise prices of the SFL (SFL) options reported on this Form 3?
The reported option exercise prices are $4.25, $4.67, $7.16, $9.81, $7.52, and $10.28 per common share. Each price applies to a specific grant size and expiration date within SFL Corp Ltd.’s Share Option Scheme.
AI-generated analysis. How Rhea-AI works. Not financial advice.
