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TORM plc (TRMD) SEC Filings, Aug-Sep 2026

TRMD NASDAQ

TORM plc filings document the formal U.S. disclosures of a foreign issuer that operates product tanker vessels for refined oil products. Recent Form 6-K reports attach company announcements and incorporate selected information by reference into TORM's Form F-3 registration statement.

The filing record covers annual general meeting proposals and voting results, auditor and remuneration matters, board reappointments, off-market share-purchase authorities, RSU-related Class A common share issuances, insider and executive securities transactions, and major-shareholder notifications. These disclosures also record TORM's A-share capital structure, voting rights and cross-listing context.

Filing
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TORM plc (TRMD) reports that OCM Njord Holdings S.à r.l., a fund vehicle associated with Oaktree Capital Management, entered into an underwriting agreement with J.P. Morgan Securities LLC for a registered secondary offering of 9,000,000 Class A common shares of TORM.

The selling shareholder also granted the underwriter a 30-day option to purchase up to an additional 1,350,000 Class A shares. The shares were sold under TORM’s effective Form F-3 shelf registration, and TORM did not receive any proceeds from this transaction. The offering priced on September 15, 2026 and closed with delivery of the shares on September 16, 2026.

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TORM plc (TRMD) has filed a prospectus supplement for a secondary offering of 9,000,000 Class A common shares by selling shareholder OCM Njord Holdings S.à r.l., an Oaktree-managed affiliate, at a public offering price of $32.25 per share, for gross proceeds of $290.25 million. The underwriter, J.P. Morgan Securities LLC, has a 30‑day option to purchase up to 1,350,000 additional shares on the same terms.

The selling shareholder receives all proceeds (about $31.75 per share before expenses), and TORM will not receive any proceeds, so the transaction does not itself create dilution to existing holders. As of September 14, 2026, TORM had 102,421,267 Class A shares outstanding, with Oaktree owning 20,329,874 shares (19.85%) and Hafnia 13.82%. Outstanding RSUs of 5,379,240 shares represent about 5.25% of current share capital, adding a potential future issuance.

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TORM plc (TRMD) reports that OCM Njord Holdings S.à r.l., a selling shareholder indirectly owned by Oaktree-managed funds, has commenced a secondary public offering of 9,000,000 Class A common shares. The selling shareholder expects to grant the underwriter a 30-day option to purchase up to an additional 1,350,000 Class A common shares.

The selling shareholder beneficially owns approximately 20% of TORM’s Class A common shares prior to this offering. TORM is not selling any shares in this transaction and will not receive any proceeds from sales by the selling shareholder. J.P. Morgan Securities LLC is acting as sole underwriter, and the offering will be made under an effective shelf registration statement using a prospectus supplement and base prospectus.

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TORM plc (TRMD) has filed a preliminary prospectus supplement for a secondary offering of 9,000,000 Class A common shares by selling shareholder OCM Njord Holdings S.à r.l., an Oaktree-managed entity, with a 30‑day option for the underwriter to purchase up to 1,350,000 additional shares. This is a resale only; TORM will not receive any proceeds, and offering expenses and underwriting discounts will be borne by the selling shareholder.

Njord Luxco currently beneficially owns 20,329,874 shares (19.85%) and would own 11,329,874 shares (11.06%) after the base offering, or 9,979,874 shares (9.74%) if the option is fully exercised, increasing TORM’s free float. As of September 14, 2026, 102,421,267 Class A shares were outstanding. TORM highlights that the offering will not dilute existing holders, though 5,379,240 RSUs outstanding represent about 5.25% of issued shares if fully vested and exercised.

TORM describes itself as a major product tanker operator with a fleet of 97 vessels and an integrated in‑house commercial and technical management platform. The filing includes a June 30, 2026 capitalization snapshot with $368.2 million in cash (including restricted cash), $1,078.3 million of borrowings and $2,550.3 million of shareholders’ equity, and outlines 60‑day lock‑up arrangements restricting additional share sales by the company, directors, certain officers and the selling shareholder, subject to customary exceptions.

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TORM plc (TRMD) reports a small capital increase driven by its equity incentive program. The company issued 31,483 new Class A shares of common stock, par value $0.01 per share, upon exercise of an equal number of Restricted Share Units, resulting in a nominal capital increase of $314.83.

All new shares were subscribed for in cash at DKK 179.80 per share and were issued without pre-emption rights for existing shareholders. The new shares are ordinary, carry dividend and voting rights from the issuance date, and are expected to be admitted to trading and official listing on Nasdaq Copenhagen as soon as possible.

Following this issuance, TORM’s total share capital is $1,024,212.67, divided into 102,421,267 Class A shares with a nominal value of $0.01 each. Each Class A share carries one vote, maintaining a straightforward one-share-one-vote structure.

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TORM plc (TRMD) reports a small capital increase following the exercise of Restricted Share Units under its incentive program. Share capital rose by 22,666 Class A shares, a nominal increase of USD 226.66. Of these, 6,933 shares were subscribed for in cash at DKK 139.90 per share and 15,733 shares at DKK 195.50 per share, with no pre-emption rights for existing shareholders. The new ordinary shares carry dividend and other rights from the date of issuance and are expected to be admitted to trading and official listing on Nasdaq Copenhagen as soon as possible. After this transaction, TORM’s share capital totals USD 1,023,897.84, divided into 102,389,784 Class A shares with a nominal value of USD 0.01 each, with each A-share carrying one vote.

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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.

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TORM plc (TRMD) reports record interim results for Q2 and the first half of 2026, driven by exceptionally strong product tanker markets following disruptions around the Strait of Hormuz. Q2 2026 revenue was USD 663m versus USD 315m a year earlier, with TCE earnings of USD 512m and EBITDA of USD 416m. Net profit reached USD 338m versus USD 59m, and basic EPS rose to USD 3.31 versus USD 0.60.

Fleet-wide TCE per day increased to USD 59,301, while ROIC reached 44.2%. The Board approved a Q2 dividend of USD 2.40 per share, about 73% of net profit. Liquidity stood at USD 804.1m and net interest-bearing debt at USD 715.0m, implying a net LTV of 22.4%. NAV per share rose to USD 36.5. TORM enlarged and renewed its fleet to 97 vessels and upgraded 2026 guidance to TCE earnings of USD 1,400–1,600m and EBITDA of USD 1,000–1,200m, reflecting high coverage levels but acknowledging continued freight-rate volatility tied to geopolitical risks.

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Filing
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TORM plc (TRMD) reported governance changes, appointing Jann Brown to its Board of Directors effective October 1, 2026, following a planned succession process. The Board also promoted Annette Malm Justad to the role of Senior Independent Director, aiming to reinforce board governance and shareholder engagement.

The report notes that most of this information is incorporated by reference into TORM’s existing Form F-3 shelf registration. TORM describes itself as a leading global carrier of refined oil products, operating a fleet of product tankers with a focus on safety, environmental responsibility and customer service.

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FAQ

How many TORM plc (TRMD) SEC filings are available on StockTitan?

StockTitan tracks 76 SEC filings for TORM plc (TRMD), including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and Form 4 insider trading disclosures. Each filing includes AI-generated summaries, impact scoring, and sentiment analysis.

When was the most recent SEC filing for TORM plc (TRMD)?

The most recent SEC filing for TORM plc (TRMD) was filed on September 16, 2026.