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[6-K] TORM plc Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

TORM plc disclosed that its Board of Directors approved grants of restricted stock units. The Company awarded a total of 1,293,434 RSUs to certain employees and an additional 500,000 RSUs to Jacob Meldgaard, Executive Director. The press release announcing these awards is included as Exhibit 99.1 to the Form 6-K dated September 23, 2025, and is incorporated by reference into TORM’s Form F-3 registration statement (File No. 333-283943) that became effective December 19, 2024. The filing identifies Jacob Meldgaard as the signatory and principal executive officer for this report.

Positive
  • Board disclosed specific grant amounts: 1,293,434 RSUs to employees and 500,000 RSUs to Jacob Meldgaard
  • Press release (Exhibit 99.1) is incorporated by reference into the Company’s effective Form F-3 registration statement
Negative
  • Filing does not disclose vesting terms, grant valuations, or settlement method for the RSUs
  • No information provided on potential accounting impact or shareholder approval for the grants

Insights

TL;DR: The Board approved significant RSU grants totaling 1,793,434 units, including 500,000 to the Executive Director.

The filing is a concise disclosure of equity-based compensation awards approved by the Board. The reported figures are precise: 1,293,434 RSUs allocated to employees generally and 500,000 RSUs specifically to Jacob Meldgaard. As presented, the document serves as a formal notice to investors and regulators that the company is granting share-based awards under its compensation framework. The filing does not disclose vesting schedules, grant valuations, accounting treatment, or whether awards are settled in shares or cash, so material financial effects are not quantifiable from this disclosure alone.

TL;DR: Board-level approval of RSUs is disclosed, but governance details and economic impact are not provided.

The Form 6-K cleanly reports the Board decision and incorporates the press release by reference. It identifies the recipient of a large award (the Executive Director) and the aggregate employee allocation. The filing does not include supporting governance documentation such as committee approval minutes, executive compensation policy context, or explicit shareholder approval references. Without those details, the governance implications remain neutral based solely on the disclosed facts.



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16
OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2025

Commission File Number 001-38294

TORM plc

4th Floor, 120 Cannon Street, London, EC4N 6AS, United Kingdom

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F [X]       Form 40-F [  ]




INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Attached to this Report on Form 6-K as Exhibit 99.1 is a copy of the press release of TORM plc (the “Company”), dated September 23, 2025, announcing that the Board of Directors has decided to grant certain employees a total of 1,293,434 Restricted Stock Units (“RSUs”) and Jacob Meldgaard, Executive Director, a total of 500,000 RSUs.

The information contained in Exhibit 99.1 to this Report on Form 6-K is hereby incorporated by reference into the Company’s registration statement on Form F-3 (File No. 333-283943) that was filed with the U.S. Securities and Exchange Commission effective December 19, 2024.



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


 
TORM PLC
   
Dated: September 24, 2025
 
       
 
By:
/s/ Jacob Meldgaard
 
   
Jacob Meldgaard
 
   
Executive Director and Principal Executive Officer
 
       
       

FAQ

What RSU grants did TORM plc (TRMD) disclose in the Form 6-K?

The Company disclosed grants of 1,293,434 restricted stock units to certain employees and 500,000 restricted stock units to Jacob Meldgaard.

When was the TORM plc press release about the RSU grants dated?

The press release incorporated as Exhibit 99.1 is dated September 23, 2025.

Is the RSU disclosure incorporated into any registration statement?

Yes, the information in Exhibit 99.1 is incorporated by reference into TORM’s Form F-3 registration statement (File No. 333-283943), effective December 19, 2024.

Who signed the Form 6-K for TORM plc?

The Form 6-K is signed by Jacob Meldgaard, Executive Director and Principal Executive Officer.

Does the filing state vesting schedules or financial impact of the RSU grants?

No. The filing does not provide vesting schedules, grant valuations, settlement methods, or accounting impacts for the RSU awards.
Torm Plc

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