de Jong Helen Johanna 4

What Happened
Helen Johanna de Jong, a director of Ardmore Shipping Corp (ASC), received a grant of 5,125 restricted stock units (RSUs) that vested on 2026-06-15 (reported as an A/award). Per the filing, associated dividend-equivalent rights (DERs) became calculable (319 shares). On 2026-06-17 she exercised/converted derivative securities resulting in the acquisition of 8,474 shares (reported as M/exercise or conversion) and on the same date reported the disposition of 8,474 shares (also reported as M). All reported conversions/awards show $0.00 per-share exercise/award price. The paired acquire-and-dispose on 6/17 implies no net increase from that conversion event.

Key Details

• Transaction types: A = award/grant (5,125 RSUs on 2026-06-15); M = exercise/conversion (8,474 shares acquired and 8,474 shares disposed on 2026-06-17).
• Prices reported: $0.00 per share for awards/conversions (these are non-cash RSU/derivative conversions).
• DERs: Filing notes 319 shares payable under dividend-equivalent rights that became calculable upon RSU vesting (F1, F3).
• Vesting condition: RSUs vest in full on the date shown subject to continued service (F2).
• Shares owned after transaction: Not specified in the excerpt provided.
• Filing timeliness: Form 4 filed 2026-07-07 for mid‑June transactions — this appears to be outside the typical two-business-day reporting window (i.e., a late filing).

Context

• These entries reflect equity award vesting and conversion of derivative securities (RSUs/DERs) rather than an open‑market purchase. The same-day acquisition and disposition of 8,474 shares indicates the converted shares were immediately transferred/sold (commonly done to cover tax withholding or as a cashless settlement), resulting in no net gain from that conversion.
• Awards (A) and derivative conversions (M) are routine for compensation and do not by themselves indicate the director’s market view.