4Filed Aug 18, 8:00 PM ET

Himalaya Shipping (HSHP) Contracted CFO Hasund Vidar Sells 100,000 Shares

$HSHP · Himalaya Shipping Ltd.

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Himalaya Shipping (HSHP) Contracted CFO Hasund Vidar Sells 100,000 Shares

What Happened
Hasund Vidar, contracted Chief Financial Officer of Himalaya Shipping Ltd. (HSHP), disposed of 100,000 shares on August 18, 2026. The shares were sold at an effective price of $15.85 per share (converted from NOK), producing gross proceeds of approximately $1,585,000. This transaction is a sale/disposition (not a purchase).

Key Details

  • Transaction date: August 18, 2026; Form 4 filed August 19, 2026 (appears timely).
  • Disposition: 100,000 shares sold at $15.85 per share (total ≈ $1,585,000). Reported as an open‑market sale on the Oslo Bors.
  • Shares owned after transaction: not specified in the filing.
  • Footnotes of note:
    • F1/F3: The underlying share options were exercised at a strike price of $6.49 per share on May 22, 2026; the sold shares were transacted on Oslo Bors at a weighted average price of NOK 149.31. The reported USD price used the exchange rate $1.00 = 9.4177 NOK on Aug 18, 2026.
    • F2: The exercise price shown is as of grant and may have been reduced by dividends or cash distributions declared after grant.
  • Transaction code: S (sale/disposition).

Context
This was a sale of shares that followed an earlier options exercise (exercise on May 22, 2026). In effect, the insider realized value from options exercised at $6.49 per share and later sold the resulting shares at roughly $15.85 — an approximate gross spread of $9.36 per share before taxes/fees. Sales are common and do not by themselves indicate the insider’s view of the company’s prospects.