TORM Holder Proposes $173M Share Sale
The notice lists September 23, 2026 as the approximate sale date and says prior registered sales were excluded from Rule 144 volume limits.
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Rhea-AI Filing Summary
For TORM plc (TRMD), 10% stockholder OCM Njord Holdings S.a r.l. gave notice of a proposed sale of 5,000,000 Class A common shares, with an aggregate market value of $173,150,000 and an approximate sale date of September 23, 2026. The notice names J.P. Morgan Securities LLC and lists 102,553,688 shares outstanding as of September 23, 2026. OCM Njord Holdings reported prior sales of 9,000,000 shares on September 16, 2026, with an aggregate market value of $285,750,000; those sales were under an effective registration statement and excluded from Rule 144 volume-limit calculations.
Key Figures
Key Terms
Rule 144(e)(3)(vii) regulatory
effective registration statement regulatory
volume limitation calculation regulatory
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