Halvorsen Laila Cecilie 4
4 · DHT Holdings, Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
DHT (DHT) CFO Laila Halvorsen Exercises Derivatives, Receives RSUs
What Happened
- Laila Halvorsen, Chief Financial Officer of DHT Holdings, had a set of derivative conversions/exercises on June 16, 2026 and also received vested restricted stock units. The Form 4 shows an exercise/conversion of 6,795 derivative units (code M) that were both acquired and immediately disposed, and an award/settlement of 545 shares (code A) from vested RSUs. All transactions are reported at $0 per share on the Form 4 (reflecting conversion/settlement reporting, not an open-market cash purchase or sale).
Key Details
- Transaction date: 2026-06-16; Form filed: 2026-06-18 (timely filing).
- Reported prices/values: $0.00 per share for all reported entries; reported cash value $0 (these entries represent conversion/settlement and award, not typical market trades).
- Items reported:
- Exercise/conversion (M): 6,795 shares acquired @ $0.00
- Grant/award (A): 545 shares acquired @ $0.00 (derivative/RSU; footnote F1)
- Exercise/conversion (M): 6,795 shares disposed @ $0.00 (derivative)
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Footnotes:
- F1: Dividend equivalents were accrued and converted into additional RSUs on vesting.
- F2: The RSUs were granted Jan 6, 2026; the portion shown fully vested June 16, 2026 after performance criteria were met. Each RSU converts to one share at settlement; remaining RSUs vest later, with 6,250 units subject to market conditions through 12/31/2028.
- No indication in this filing of a 10b5-1 plan, gift, or late filing.
Context
- The M code entries indicate exercise/conversion of derivatives (e.g., options or performance units). The fact that the same 6,795 units are both acquired and disposed on the Form often reflects a non-cash settlement or immediate transfer/settlement of exercised derivative units rather than a traditional market sale; the $0 reported price supports that this was a conversion/settlement event and an award settlement, not an open-market cash transaction.
- For retail investors: awards and exercised/converted derivatives reported at $0 often reflect compensation settlement (vesting, tax withholding, or net settlement mechanics) and do not necessarily signal a buy/sell opinion by the insider.
Insider Transaction Report
Form 4
Halvorsen Laila Cecilie
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2026-06-16+6,795→ 211,011 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.
Signature
/s/ Charles Thornally, as attorney-in-fact|2026-06-18