Svensen Lars-Christian 4

What Happened

• Svensen Lars-Christian, the contracted CEO of Himalaya Shipping Ltd. (HSHP), purchased 4,000 shares on 2026-05-22. The filing reports a USD-equivalent price of $14.20 per share, for a total reported value of $56,800. The transaction is reported as a purchase (code P), which represents an acquisition rather than a sale.

Key Details

• Transaction date and price: 2026-05-22; reported price $14.20 per share (USD equivalent).
• Total value: $56,800 (4,000 shares × $14.20).
• Local-currency note: reported USD price is the equivalent of NOK 131.36 per share using an exchange rate of 0.10815 on the transaction date.
• Shares owned after transaction: Not disclosed in the filing.
• Filing date: 2026-05-26; the filing does not indicate a late report.
• Transaction type: Purchase (open market or private purchase), Form 4 code P.

Context

• This was a straightforward purchase of shares (not an option exercise, gift, or award). Purchases by insiders are often watched by investors as a sign of confidence, but the filing itself does not state the insider’s motivation. The filing includes the currency conversion detail from NOK to USD for clarity.