Harfjeld Svein Moxnes 4
Research Summary
AI-generated summary
DHT (DHT) CEO Svein Moxnes Exercises RSUs and Disposes Shares
What Happened
- Svein Moxnes, President & CEO and a director of DHT Holdings (DHT), had restricted stock units (RSUs) and related dividend equivalents convert/settle on June 16, 2026. The filing shows a conversion/exercise of 32,620 derivative units into common shares (acquired at $0.00), an award of 2,620 shares representing accrued dividend equivalents (acquired at $0.00), and a same-day disposition of 32,620 shares (reported at $0.00). No cash purchase price is reported for the conversions/awards.
Key Details
- Transaction date: June 16, 2026; Form 4 filed June 18, 2026 (timely within reporting window).
- Reported amounts/prices: 32,620 shares converted/exercised (acquired at $0.00); 2,620 shares awarded (accrued dividend equivalents) at $0.00; 32,620 shares disposed at $0.00 as well.
- Shares owned after transaction: Not specified in the Form 4 provided.
- Footnotes: F1 = dividend equivalents accrued and converted into additional RSUs; F2 = RSUs were granted Jan 6, 2026, a portion vested in full on June 16, 2026 after performance criteria were met and converted into shares; remaining RSUs vest later (30,000 subject to market conditions through 12/31/2028).
- Filing timeliness: Filed within two business days of the transaction (not marked late).
Context
- These entries reflect RSU vesting/conversion (derivative exercise/conversion) and an award of dividend-equivalent units; the Form 4 also reports a same-day disposition of the converted shares. The filing does not specify the reason for the disposition (for example, sale proceeds or tax withholding), nor does it show cash values for the reported transactions. Purchases/awards (acquisitions at $0.00 here) are often more informative than routine disposals, but this filing primarily documents vesting/settlement activity rather than an open-market buy or strategic sale.