STOCK TITAN

TORM CFO Balle Kim Sells 42,533 Shares in September

The September 18 and 21 sale prices were weighted averages across multiple transactions, with disclosed price ranges in Danish kroner.

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

TORM plc (TRMD) Chief Financial Officer Balle Kim reported direct sales of 20,000 Class A Common Shares on September 18 at a weighted average of $39.16 per share, 15,000 on September 21 at a weighted average of $39.08, and 7,533 on September 22 at $36.35 per share. The reported transactions total 42,533 shares. As of September 18, 254 Class A Common Shares were held indirectly by a spouse. No Rule 10b5-1 plan is reported.

Positive

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Negative

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Insights

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Insider Balle Kim
Role Chief Financial Officer
Sold 42,533 shs ($1.64M)
Type Security Shares Price Value
Sale Class A Common Shares F3 7,533 $36.35 $274K
Sale Class A Common Shares F2 15,000 $39.08 $586K
Sale Class A Common Shares F1 20,000 $39.16 $783K
holding Class A Common Shares -- -- --
Holdings After Transaction: Class A Common Shares — 510 shares (Direct); Class A Common Shares — 254 shares (Indirect, By Spouse)
Footnotes (3)
  1. F1. The transaction reported on September 18, 2026 represents a weighted average sale price. The Class A Common Shares were sold in multiple transactions at prices ranging from DKK 245.05566 to DKK 248.60 per share (approximately $38.90 to $39.46 per share). The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price upon request.
  2. F2. The transaction reported on September 21, 2026 represents a weighted average sale price. The Class A Common Shares were sold in multiple transactions at prices ranging from DKK 245.38692 to DKK 247.246 per share (approximately $38.95 to $39.25 per share). The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price upon request.
  3. F3. The transaction reported on September 22, 2026 was executed at a sale price of DKK 229.00 per share (approximately $36.35 per share).
Shares sold 20,000 shares Direct sale on September 18, 2026
Weighted average sale price $39.16 per share Direct sale on September 18, 2026
Shares sold 15,000 shares Direct sale on September 21, 2026
Weighted average sale price $39.08 per share Direct sale on September 21, 2026
Shares sold 7,533 shares Direct sale on September 22, 2026
Sale price $36.35 per share Direct sale on September 22, 2026
Shares held by spouse 254 shares Indirect holding as of September 18, 2026
weighted average sale price financial
"represents a weighted average sale price"
Danish kroner financial
"translated from Danish kroner"
applicable exchange rates financial
"at the applicable exchange rates"

FAQ

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

How many TRMD shares did the CFO sell, and at what prices?

Balle Kim, TORM plc’s Chief Financial Officer, reported direct sales totaling 42,533 Class A Common Shares: 20,000 on September 18 at a weighted average of $39.16 per share, 15,000 on September 21 at a weighted average of $39.08, and 7,533 on September 22 at $36.35 per share.

What price ranges were reported for the TRMD CFO's September sales?

The September 18 sale was reported at prices ranging from DKK 245.05566 to DKK 248.60 per share, approximately $38.90 to $39.46. The September 21 sale ranged from DKK 245.38692 to DKK 247.246 per share, approximately $38.95 to $39.25. The September 22 sale was at DKK 229.00 per share, approximately $36.35.

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)
09/18/2026
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 Shares09/18/2026S20,000D$39.16(1)23,043D
Class A Common Shares09/21/2026S15,000D$39.08(2)8,043D
Class A Common Shares09/22/2026S7,533D$36.35(3)510D
Class A Common Shares254IBy Spouse
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. The transaction reported on September 18, 2026 represents a weighted average sale price. The Class A Common Shares were sold in multiple transactions at prices ranging from DKK 245.05566 to DKK 248.60 per share (approximately $38.90 to $39.46 per share). The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price upon request.
2. The transaction reported on September 21, 2026 represents a weighted average sale price. The Class A Common Shares were sold in multiple transactions at prices ranging from DKK 245.38692 to DKK 247.246 per share (approximately $38.95 to $39.25 per share). The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price upon request.
3. The transaction reported on September 22, 2026 was executed at a sale price of DKK 229.00 per share (approximately $36.35 per share).
Remarks:
U.S. dollar amounts are translated from Danish kroner at the applicable exchange rates on the respective transaction dates.
/s/ Kim Balle09/24/2026
** 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)

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