4Filed Aug 27, 8:00 PM ET

TORM (TRMD) CFO Balle Kim Buys 254 Shares

$TRMD · TORM plc

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TORM (TRMD) CFO Balle Kim Buys 254 Shares

What Happened
Balle Kim, Chief Financial Officer of TORM plc (TRMD), is linked to an open-market purchase of 254 Class A common shares on 2026-08-27. The shares were purchased at DKK 196.00 each for a total of DKK 49,784. The filing notes these shares were acquired by the reporting person’s spouse and that Balle Kim disclaims beneficial ownership of the securities.

Key Details

  • Transaction date: 2026-08-27 (reported on Form 4 filed 2026-08-28) — filing appears timely.
  • Transaction type/code: Purchase (P) — open market/private purchase.
  • Price: DKK 196.00 per share; total value DKK 49,784.
  • Shares acquired: 254 Class A common shares.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnotes: F1 — shares acquired by spouse; reporting person disclaims beneficial ownership. F2 — purchase price DKK 196.00.

Context
Purchases reported on Form 4 are often of interest to investors because they represent capital allocated to the company's shares, but in this case the shares were bought by the insider’s spouse and the filing explicitly disclaims beneficial ownership by the reporting person. That distinction means the purchase may not reflect a direct trading decision by the CFO. The transaction amount is modest (about DKK 50k).