STOCK TITAN

TORM (TRMD) CFO logs spouse’s 254-share buy as indirect holding

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TORM plc (TRMD) reported an insider-related transaction involving its Chief Financial Officer, Kim Balle. On 2026-08-27, Balle’s spouse purchased 254 Class A Common Shares of TORM at DKK 196.00 per share, reported as indirect ownership. Balle expressly disclaims beneficial ownership of these 254 shares. A separate line reflects 510 Class A Common Shares held directly after the reported date.

Positive

  • None.

Negative

  • None.
Insider Balle Kim
Role Chief Financial Officer
Bought 254 shs
Type Security Shares Price Value
Purchase Class A Common Shares F1, F2 254 -- --
holding Class A Common Shares -- -- --
Holdings After Transaction: Class A Common Shares — 254 shares (Indirect, By Spouse); Class A Common Shares — 510 shares (Direct)
Footnotes (2)
  1. F1. Reflects 254 Class A Common Shares acquired by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of these securities.
  2. F2. The Class A Common Shares were purchased at DKK 196.00 per share.
Shares purchased indirectly 254 Class A Common Shares Acquired on 2026-08-27 by CFO Kim Balle’s spouse, reported as indirect ownership
Purchase price per share DKK 196.00 per share Price paid for the 254 Class A Common Shares acquired by the spouse
Indirect holdings following transaction 254 Class A Common Shares Indirectly held through spouse after the reported acquisition
Direct holdings following transaction 510 Class A Common Shares Directly held by CFO Kim Balle as of 2026-08-27 holding entry
Net buy shares 254 shares Net shares acquired across reported non-derivative transactions
Class A Common Shares financial
"Reflects 254 Class A Common Shares acquired by the Reporting Person's spouse"
A Class A common share is a specific type of ordinary company share that represents an ownership stake and usually carries particular voting rights or payout priorities compared with other share classes. For investors it matters because those differences affect how much influence you have over company decisions, how dividends or liquidation proceeds might be distributed, and how easily the shares trade — like choosing between car models where one has extra features (more control) and another focuses on price or availability (liquidity).
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
indirect ownership financial
"Reported as indirect ownership through the Reporting Person's spouse"

FAQ

What insider transaction did TORM plc (TRMD) report for CFO Kim Balle?

TORM reported that on 2026-08-27, the spouse of CFO Kim Balle acquired 254 Class A Common Shares of TORM, which are reported as indirectly owned by Balle, who disclaims beneficial ownership of these securities.

How many TORM (TRMD) shares were purchased in the reported insider transaction?

The filing states that 254 Class A Common Shares of TORM plc were acquired on 2026-08-27 in a transaction reported as indirect ownership through CFO Kim Balle’s spouse.

At what price were the TORM (TRMD) shares bought in Kim Balle’s Form 4?

The Form 4 footnote indicates the Class A Common Shares were purchased at DKK 196.00 per share in the 2026-08-27 transaction reported as indirect ownership through CFO Kim Balle’s spouse.

Does CFO Kim Balle claim beneficial ownership of the indirectly held TORM (TRMD) shares?

No. The footnote explains that the 254 Class A Common Shares were acquired by CFO Kim Balle’s spouse and that Balle disclaims beneficial ownership of these securities.

What direct holdings of TORM (TRMD) shares does Kim Balle report after the transaction?

A holding entry in the Form 4 shows 510 Class A Common Shares held as direct ownership by Kim Balle after the reported date, separate from the 254 indirectly held shares acquired by the spouse.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Balle Kim

(Last)(First)(Middle)
C/O TORM PLC
120 CANNON STREET

(Street)
LONDONEC4N6AS

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Shares08/27/2026P254(1)A(2)254IBy Spouse
Class A Common Shares510D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects 254 Class A Common Shares acquired by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of these securities.
2. The Class A Common Shares were purchased at DKK 196.00 per share.
/s/ Kim Balle08/28/2026
** Signature of Reporting PersonDate
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)