Edvardsen Svenn Magne 4
4 · DHT Holdings, Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
DHT Technical Director Edvardsen Converts RSUs, Disposes Shares
What Happened Svenn Magne Edvardsen, Technical Director of DHT Holdings (DHT), reported that on 2026-06-16 a portion of his restricted stock units (RSUs) vested and converted into shares. The filing shows an exercise/conversion of 6,795 derivative units that were acquired and simultaneously disposed (both reported at $0.00), and an additional 545 shares acquired related to dividend equivalents (reported at $0.00). The reported dollar consideration for these transactions is $0.
Key Details
- Transaction date: June 16, 2026; Form 4 filed June 18, 2026 (appears timely).
- Reported transactions:
- M (exercise/conversion): 6,795 shares acquired @ $0.00; 6,795 shares disposed @ $0.00.
- A (grant/award): 545 shares acquired @ $0.00 (derivative).
- Total cash consideration reported: $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 = dividend equivalents converted into additional RSUs; F2 = RSUs granted Jan 6, 2026, a portion vested on June 16, 2026 based on performance and converted to shares at settlement. Remaining RSUs vest later, with 6,250 units subject to market conditions through Dec 31, 2028.
Context These entries reflect RSU vesting and settlement rather than an open-market purchase. The filing shows both conversion into shares and a same-day disposition of those shares; filings that report $0.00 for consideration commonly indicate share conversion/settlement mechanics (for example, settlement or tax-withholding transfers) rather than a cash purchase or market sale. The 545 shares reflect dividend equivalents that were converted into additional RSUs upon vesting.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-06-16+6,795→ 736,712 total - Award
Restricted Stock Units
[F1]2026-06-16+545→ 50,545 total→ Common Stock (545 underlying) - Exercise/Conversion
Restricted Stock Units
[F2]2026-06-16−6,795→ 43,750 total→ Common Stock (6,795 underlying)
Footnotes (2)
- [F1]Represents dividend equivalents, which were accrued over the term of the award and converted into additional restricted stock units in connection with the vesting of the award.
- [F2]Restricted stock units were granted on January 6, 2026 and the portion reflected herein fully vested on June 16, 2026 based upon the relevant performance criteria being met. Each restricted stock unit represents a contingent right to receive, at settlement, one share of common stock or the cash value of one share of common stock. Each unit converted into a share of common stock at settlement. The remaining restricted stock units vest subject to continued employment or office, as applicable, through a specified vesting date, with 6,250 of the restricted stock units also subject to the achievement of certain market conditions prior to December 31, 2028.