Meldgaard Jacob Balslev bought TRMD
April 10, 2026 · Form 4 insider transaction
Meldgaard Jacob Balslev bought 225,200 shares of TORM plc at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 0 days after the transaction.
Footnotes
The Issuer granted the Reporting Person restricted stock units ("RSUs") with an exercise price of DKK 167.70 at the time of allocation. The amount referenced herein reflects the grant date reference price used by the Issuer solely for internal valuation purposes and for determining withholding obligations, if any. The RSUs do not have an exercise or purchase price payable by the Reporting Person. The reference price was calculated as the average of the closing sale prices of the Issuer's Class A common shares on the Nasdaq Copenhagen Stock Exchange during the 90 calendar day period preceding the release of the Issuer's 2025 Annual Report on February 26, 2026, adjusted to reflect the dividend declared for the fourth quarter of 2025. The reference price will adjust for subsequent dividends in accordance with the terms of the RSU award.; The RSUs reported herein were granted on April 10, 2026 and represent a contingent right to receive shares of the Issuer's Class A common shares upon vesting. The RSUs vest in three equal annual installments on January 1, 2027, January 1, 2028, and January 1, 2029, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date. Each vested RSU will be settled in one Class A common share of the Issuer. No shares of Class?A common stock were issued upon the grant of the RSUs.