Fok James Alistair 4

4 · Ardmore Shipping Corp · Filed Jul 14, 2026

AI-generated summary of this filing

Updated Jul 14, 2026

Ardmore Shipping (ASC) Director Fok Acquires Shares, Exercises RSUs

What Happened

James Alistair Fok, a director of Ardmore Shipping Corp (ASC), reported a small open‑market acquisition of 257 shares on June 15, 2026 at $17.06 per share (total ~$4,384). The filing also shows a grant/vesting of 4,556 restricted stock units (RSUs) and related derivative activity (conversion/exercise entries) on June 15–17, 2026. The derivative-related entries are reported at $0.00 and reflect settlement/conversion of awards rather than a cash purchase.

Key Details

Purchase: 6/15/2026 — 257 shares acquired at $17.06 ($4,384). Marked with timeliness code "L" (late report).
Award/vesting: 6/15/2026 — 4,556 RSUs granted/vested (F4); RSUs convert to shares subject to vesting rules (F3).
Derivative activity: 6/17/2026 — entries showing 8,474 shares acquired and 8,474 shares disposed via exercise/conversion of derivatives (both reported at $0.00).
Footnotes: F1 = shares from automatic dividend reinvestment plan; F2 = includes 72 shares omitted from the filer’s earlier Form 3; F3–F5 = RSU and dividend equivalent rights (DERs) mechanics, including 319 shares payable under DERs that became calculable on vesting.
Shares owned after the transactions: Not specified in this filing.
Filing date: Form 4 filed July 14, 2026 for transactions dated mid‑June — the 6/15 purchase is marked as a late report.

Context

RSUs are a promise to deliver shares in the future; dividend equivalent rights (DERs) can result in additional shares when RSUs vest. Entries reported at $0.00 typically indicate internal settlement/conversion of awards (vesting/tax withholding or share issuance) rather than open‑market buying or selling. The only clear open‑market purchase here is the 257‑share buy via dividend reinvestment; the other entries reflect award settlement.

Form 4

Period: 2026-06-15

Director

Transactions

Small Acquisition
Common Stock
[F1][F2]
2026-06-15$17.06/sh+257$4,384→ 11,479 total
Exercise/Conversion
Common Stock
2026-06-17+8,474→ 19,953 total
Award
Restricted Stock Units Award
[F3][F4]
2026-06-15+4,556→ 4,556 total
Exercise: $0.00From: 2027-06-15Exp: 2027-06-15→ Common Stock (4,556 underlying)
Exercise/Conversion
Restricted Stock Units Award
[F3][F5][F4]
2026-06-17−8,474→ 0 total
Exercise: $0.00From: 2026-06-17Exp: 2026-06-17→ Common Stock (8,474 underlying)

Footnotes (5)

[F1]Reflects shares acquired by the reporting person pursuant to an automatic dividend reinvestment plan.
[F2]Includes 72 shares of Issuer's Common Stock inadvertently omitted from the reporting person's Form 3 filed with the Securities and Exchange Commission on March 18, 2026.
[F3]Restricted Stock Units Award ("RSUs") represent a contingent right to receive one share of the Issuer's common stock per RSU. RSUs have associated dividend equivalent rights ("DERs") that vest and become payable in shares of the Issuer's common stock proportionately with the RSUs to which they relate. Upon vesting of RSUs, the number of shares issuable under the associated DERs becomes calculable, based on the quotient of the accrued dividends with respect to the vested RSUs, divided by the common stock's fair market value on such vesting date (or in the event dividends are declared, but not yet paid to stockholders as of a vesting date, on the date of payment to stockholders).
[F4]These RSUs vest in full on the date shown, subject to the reporting person's continued service to the Issuer through the vesting date.
[F5]Includes 319 shares payable under associated dividend equivalent rights that became calculable upon vesting of the RSUs.

Signature

/s/ John Russell, Attorney-in-Fact|2026-07-14

1 file