Fok James Alistair 4

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.