Pocas Zambelli Ana Lucia 4

What Happened

• Ana Lucia Pocas Zambelli, a director of DHT Holdings (DHT), had restricted stock units (RSUs) vest in connection with her retirement on June 18, 2026. The Form 4 shows conversion/exercise of 21,747 derivative awards into 21,747 shares, a separate grant/acquisition of 1,747 shares (dividend-equivalent RSUs), and a matching disposal of 21,747 shares. All entries are reported at $0.00, indicating conversion/settlement rather than an open-market cash purchase or sale.

Key Details

• Transaction date: June 18, 2026; Form 4 filed June 22, 2026 (timely — within the 2 business-day rule).
• Reported activity: 21,747 shares converted (code M) and the same 21,747 shares disposed (code M); 1,747 shares acquired as dividend-equivalent RSUs (code A). Total units converting to shares = 23,494.
• Reported price/value: $0.00 for all entries (derivative settlement/award conversion).
• Shares owned after the transactions: not specified in the filing.
• Relevant footnotes: F2 — RSUs were granted Jan 6, 2026 and fully vested June 18, 2026 on retirement; each RSU converts to one share at settlement. F1 — dividend equivalents were accrued and converted into additional RSUs.

Context

• These transactions reflect vesting and settlement of RSUs upon retirement rather than a conventional market buy or sale. The matching disposed entry (21,747 shares at $0) may reflect surrender/settlement arrangements (e.g., for tax withholding) but the Form 4 does not specify the reason. Such award vesting is typically routine compensation/retirement settlement and should be interpreted accordingly.