TORM CFO discloses initial RSU and share holdings
TORM plc Chief Financial Officer Kim Balle filed an initial ownership report showing existing equity interests in the company.
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Form Type
3
Rhea-AI Filing Summary
TORM plc Chief Financial Officer Kim Balle filed an initial ownership report showing existing equity interests in the company. The filing lists several grants of Restricted Stock Units that can convert into Class A Common Shares over future years and indicates direct ownership of 510 Class A Common Shares. No purchases or sales are reported; the entries describe current RSU awards, including their exercise prices and expiration dates, rather than new market transactions.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Balle Kim
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 425,233 contracts (Direct);
Class A Common Shares — 510 shares (Direct)
Footnotes (3)
- F1. The Issuer granted the Reporting Person Restricted Stock Units with an exercise price of DKK 258.40 at the time of allocation and an exercise price of DKK 200.00 after the ex-dividend date to adjust for the impact of dividends on the exercise price in accordance with the original terms of the grant.
- F2. The Issuer granted the Reporting Person Restricted Stock Units with an exercise price of DKK 162.38 at the time of allocation and an exercise price of DKK 144.40 after the ex-dividend date to adjust for the impact of dividends on the exercise price in accordance with the original terms of the grant.
- F3. The Issuer granted the Reporting Person Restricted Stock Units with an exercise price of DKK 167.14 at the time of allocation and an exercise price of DKK 167.14 after the ex-dividend date to adjust for the impact of dividends on the exercise price in accordance with the original terms of the grant.
Key Figures
RSUs underlying shares 2026 expiry: 42,533 shares
Largest RSU grant: 127,500 shares
Direct common share holdings: 510 shares
+5 more
8 metrics
RSUs underlying shares 2026 expiry
42,533 shares
Underlying Class A Common Shares; RSUs expiring on 2026-12-27
Largest RSU grant
127,500 shares
Underlying Class A Common Shares; RSUs expiring on 2029-09-26
Direct common share holdings
510 shares
Class A Common Shares held directly as of the filing
RSU exercise price at allocation (F1)
DKK 258.40
Initial exercise price for one RSU grant at time of allocation
RSU adjusted exercise price (F1)
DKK 200.00
Exercise price after ex-dividend adjustment for the same RSU grant
RSU exercise price at allocation (F2)
DKK 162.38
Initial exercise price for another RSU grant at allocation
RSU adjusted exercise price (F2)
DKK 144.40
Exercise price after ex-dividend adjustment for that RSU grant
RSU exercise price (F3)
DKK 167.14
Exercise price for a further RSU grant, unchanged after ex-dividend date
Key Terms
Restricted Stock Units, Class A Common Shares, exercise price, ex-dividend date, +1 more
5 terms
Restricted Stock Units financial
"The Issuer granted the Reporting Person Restricted Stock Units with an exercise price"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
exercise price financial
"Restricted Stock Units with an exercise price of DKK 258.40 at the time of allocation"
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.
ex-dividend date financial
"an exercise price of DKK 200.00 after the ex-dividend date to adjust"
The ex-dividend date is the date when a stock starts trading without the value of its next dividend payment included. If you buy the stock on or after this date, you won't receive that upcoming dividend; only those who owned the stock before this date are entitled to it. It matters to investors because it determines who is eligible to receive the dividend and can influence the stock’s price around that time.
initial ownership report financial
"Form 3 filed as an initial ownership report by an officer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does TORM (TRMD) CFO Kim Balle report in this Form 3 filing?
The Form 3 shows CFO Kim Balle’s existing equity interests in TORM, including multiple Restricted Stock Unit awards and 510 Class A Common Shares held directly. It is an initial ownership statement and does not report any new stock purchases or sales.
What Restricted Stock Units does the TORM CFO hold according to the filing?
The filing lists multiple Restricted Stock Unit grants tied to Class A Common Shares, including underlying blocks of 42,533 and 42,534 shares, plus one grant for 127,500 underlying shares. Each grant has its own future exercise and expiration dates specified in the report.
Are there any stock purchases or sales by TORM’s CFO in this Form 3?
No, the Form 3 does not show any stock purchases or sales. All entries are labeled as holdings and describe existing Restricted Stock Units and common share ownership, rather than new buy or sell transactions in the market.
What exercise prices are disclosed for the CFO’s TORM Restricted Stock Units?
Footnotes state several exercise prices in Danish kroner, including DKK 258.40 and DKK 162.38 at allocation, with adjusted prices such as DKK 200.00 and DKK 144.40 after ex-dividend dates, plus another grant with an exercise price of DKK 167.14.
When do the TORM CFO’s Restricted Stock Units expire?
The Restricted Stock Units have various expiration dates, including December 27 in 2026, 2027, 2028, and 2029, as well as September 26, 2029. Each grant’s expiration date is listed separately in the derivative holdings summary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
