TORM CEO Acquires 85,067 Shares at $27.34 Each

The RSU settlement matched 85,067 units to 85,067 Class A Common Shares.

Rhea-AI Filing Summary

TORM plc Chief Executive Officer Jacob Balslev Meldgaard reported acquiring 85,067 Class A Common Shares on September 24, 2026, at $27.34 per share (DKK 179.80). A separate entry dated May 20, 2026, reports 85,067 Restricted Stock Units with an exercise price of DKK 179.80; the footnote states that the units vested and were settled on September 24, 2026, with each representing one Class A Common Share. The reported RSU position following that transaction was 1,010,400 units. No Rule 10b5-1 plan is reported.

Insider Trade Summary

85,067 shares exercised/converted

Exercise 2 txns

Insider Meldgaard Jacob Balslev

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise	Class A Common Shares F1, F3	85,067	$27.34	$2.33M
Exercise	Restricted Stock Units F2, F3	85,067	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 1,010,400 contracts (Direct); Class A Common Shares — 85,067 shares (Direct)

Footnotes (3)

1. F1. The Class A Common Shares were purchased at a price of $27.34, or DKK 179.80.
2. F2. The Restricted Stock Units ("RSUs") have an exercise price of DKK 179.80 per share. Each RSU represents a contingent right to receive one Class A Common Share of the Issuer.
3. F3. The RSUs vested and were settled on September 24, 2026 upon vesting, with each RSU representing the right to receive one Class A Common Share.

Key Figures

Class A Common Shares acquired: 85,067 shares Price per share: $27.34 per share Price per share: DKK 179.80 per share +3 more

6 metrics

Class A Common Shares acquired 85,067 shares September 24, 2026; reported direct shares following the transaction

Price per share $27.34 per share Class A Common Shares; September 24, 2026

Price per share DKK 179.80 per share Class A Common Shares; September 24, 2026

Restricted Stock Units 85,067 units Reported RSU transaction dated May 20, 2026

RSU exercise price DKK 179.80 per share Restricted Stock Units

RSUs following transaction 1,010,400 units Reported direct position following the RSU transaction

Key Terms

Restricted Stock Units, exercise price, contingent right

3 terms

Restricted Stock Units financial

"The Restricted Stock Units ("RSUs") have 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

"have an exercise price of DKK 179.80 per share"

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.

contingent right financial

"Each RSU represents a contingent right to receive one Class A Common Share"

FAQ

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

How many TRMD shares did CEO Jacob Balslev Meldgaard acquire, and at what price?

He acquired 85,067 Class A Common Shares at $27.34 per share, or DKK 179.80, on September 24, 2026.

When did the TRMD CEO's restricted stock units vest and settle?

The footnote states that 85,067 Restricted Stock Units vested and were settled on September 24, 2026, with each unit representing the right to receive one Class A Common Share. The separate RSU entry is dated May 20, 2026.

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

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Available on EDGAR 09/25/2026 - 08:26 AM Accepted by SEC EDGAR 09/25/2026 - 08:26 AM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Meldgaard Jacob Balslev

(Last) (First) (Middle)

C/O TORM PLC

120 CANNON STREET

(Street)

LONDON EC4N6AS

(City) (State) (Zip)

UNITED KINGDOM

(Country)

2. Issuer Name and Ticker or Trading Symbol
TORM plc [ TRMD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Shares	09/24/2026		M		85,067	A	$27.34(1)(3)	85,067	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	05/20/2026		M		85,067		(3)	(3)	Class A Common Shares	85,067	$0	1,010,400	D

Explanation of Responses:

1. The Class A Common Shares were purchased at a price of $27.34, or DKK 179.80.

2. The Restricted Stock Units ("RSUs") have an exercise price of DKK 179.80 per share. Each RSU represents a contingent right to receive one Class A Common Share of the Issuer.

3. The RSUs vested and were settled on September 24, 2026 upon vesting, with each RSU representing the right to receive one Class A Common Share.

Remarks:

U.S. dollar amounts are translated from Danish kroner at the applicable exchange rates on the respective transaction dates.

	/s/ Jacob Balslev Meldgaard	09/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)