SFL Corp Ltd. (SFL) SEC Filings, Mar 6-27, 2026

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.

SFL Corp Ltd. director Jan Erik Klepsland filed an initial ownership report showing 35,000 share options over common shares. These options have an exercise price of $10.28 per share, expire on February 19, 2031, and vest in three equal annual installments beginning on February 19, 2027. The filing records existing option holdings and does not show any share purchases or sales.

SFL Corp Ltd. chief executive officer Ole B. Hjertaker filed an initial statement of beneficial ownership, detailing his existing equity position in the company. The filing reports direct ownership of 168,210 common shares and multiple share option grants over SFL common shares.

The options cover blocks of 100,000–180,000 underlying shares at exercise prices ranging from $4.25 to $10.28, with expiration dates between 2026 and 2031. Footnotes explain that each grant under SFL’s share option scheme vests in three equal annual installments, and options become exercisable as they vest. The document records current holdings only and does not show any recent purchases or sales.

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.

SFL Corporation Ltd. has entered into a Second Amended and Restated Sales Agreement with BTIG, LLC that establishes an “at-the-market” share offering program. Under this arrangement, the company may, from time to time, sell up to $100 million of its common shares through BTIG as sales agent.

The agreement and related legal opinion are filed as exhibits and are incorporated by reference into SFL’s automatic shelf registration statement on Form F-3ASR, which became effective on March 17, 2026. The company also includes standard cautionary language regarding forward-looking statements and related risks.

SFL Corporation Ltd. is registering 10,000,000 common shares in a prospectus supplement dated March 17, 2026 to implement a Dividend Reinvestment Plan (the Plan). The Plan permits existing shareholders to reinvest cash dividends and new investors to make initial investments; common shares trade on the NYSE under the symbol SFL (last reported sale price $10.11 on March 16, 2026). Proceeds from shares sold under the Plan are intended for working capital, general corporate purposes, asset purchases, debt repayment and strategic transactions, with purchases effected from the company and/or in the open market per Plan mechanics.

SFL Corporation Ltd. entered into a Second Amended and Restated At-the-Market Sales Agreement to sell common shares having an aggregate offering price of up to $100,000,000 through BTIG, LLC as sales agent under the prospectus supplement dated March 17, 2026.

Sales will be made on an at-the-market basis on the NYSE or by other methods permitted under Rule 415, with BTIG paid a commission of up to 3.0% of gross proceeds. As of the prospectus supplement date, no shares have been sold under the Sales Agreement. Common shares outstanding were 144,582,927 as of March 17, 2026, and the last reported sale price on the NYSE was $10.11 on March 16, 2026. The company intends to use net proceeds for general corporate and working capital purposes, including potential vessel acquisitions, subject to the Sales Agreement terms.

SFL Corporation Ltd., a Bermuda-based owner of ships and offshore rigs listed on the NYSE, files its annual Form 20‑F outlining its global shipping and drilling business and extensive risk profile. The report emphasizes exposure to highly cyclical seaborne transportation and offshore drilling markets, macroeconomic volatility, sanctions, and regulatory change. As of December 31, 2025, SFL reports $2.6 billion of outstanding indebtedness under credit facilities, lease financing and bonds, plus $0.2 billion of finance lease obligations in associated companies. The company highlights long-term employment of jack-up rig Linus with ConocoPhillips in Norway until May 2029 and a new harsh-environment semi-submersible rig Hercules contract in Canada with estimated value of about $170 million over a minimum 400 days starting in the first quarter of 2027. SFL also details risks from climate transition, ESG expectations, cybersecurity threats, ballast water and recycling rules, and expanding sanctions regimes, all of which could affect demand, costs, vessel values and access to capital.

SFL Corporation reported a new long-term drilling contract in Canada for its harsh-environment semi-submersible rig Hercules. The agreement with a large investment grade multinational oil and gas company has an estimated value of about $170 million for a minimum term of 400 days.

The contract is expected to start in the first quarter of 2027, with the rig currently in Norway and due to be prepared for mobilization to Canada later in 2026. Odfjell Drilling will manage the rig on SFL’s behalf, and management believes this work positions Hercules well for future harsh-environment deepwater campaigns.