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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.

(Neutral)
(Neutral)
Form Type
144

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.

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Proposed sale 5,000,000 Class A common shares Approximate sale date: September 23, 2026
Aggregate market value $173,150,000 Proposed sale
Shares outstanding 102,553,688 shares As of September 23, 2026
Prior shares sold 9,000,000 shares Sold September 16, 2026
Aggregate market value $285,750,000 Prior sales on September 16, 2026
Rule 144(e)(3)(vii) regulatory
"excluded from the volume limitation calculation"
effective registration statement regulatory
"sold pursuant to an effective registration statement"
An effective registration statement is a company filing that a securities regulator has approved as meeting disclosure rules, giving the company the legal green light to sell new shares or debt to the public. For investors it matters because the approval signals needed information has been made public and allows offerings that can change a company's cash position, share count and stock liquidity—think of it as a permit that lets a fundraising or public sale go forward.
volume limitation calculation regulatory
"excluded from the volume limitation calculation"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many TRMD shares does OCM Njord Holdings propose to sell?

OCM Njord Holdings S.a r.l., a 10% stockholder, gave notice of a proposed sale of 5,000,000 Class A common shares, with an aggregate market value of $173,150,000. The approximate sale date listed is September 23, 2026.

How many TRMD shares did OCM Njord Holdings recently sell?

OCM Njord Holdings reported sales of 9,000,000 shares on September 16, 2026, with an aggregate market value of $285,750,000. Those sales were made pursuant to an effective registration statement and excluded from the Rule 144 volume limitation calculation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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