Meldgaard Jacob Balslev's Form 4 filing
TORM plc (TRMD) · filed May 20, 2026
- Accession no.
- 0000919574-26-003622
- Filed
- May 20, 2026
- Trade date
- May 18-20, 2026
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $17.6M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Meldgaard Jacob BalslevCIK 0002117756 | Director, Officer (Chief Executive Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 18, 2026 | Class A Common Shares | SSaleDisposed | −30,603 | $31.94F1 | −$977,459.82 | 348,411 | Direct | |
| May 18, 2026 | Class A Common Shares | SSaleDisposed | −348,411 | $31.94F1 | −$11,128,247.34 | 0 | Direct | |
| May 20, 2026 | Class A Common Shares | MOption exerciseAcquired | +85,067 | $20.51F2,F7 | +$1,744,724.17 | 85,067 | Direct | |
| May 20, 2026 | Class A Common Shares | MOption exerciseAcquired | +85,066 | $22.47F3,F7 | +$1,911,433.02 | 170,133 | Direct | |
| May 20, 2026 | Class A Common Shares | SSaleDisposed | −170,133 | $32.30F4 | −$5,495,295.9 | 0 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 20, 2026 | Class A Common Shares | MOption exerciseAcquired | +85,067 | $0.00 | $0 | 1,180,533 | Direct | |
| May 20, 2026 | Class A Common Shares | MOption exerciseAcquired | +85,066 | $0.00 | $0 | 1,095,467 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
These transactions reported on May 18, 2026 represent weighted average sale prices. The Class A Common Shares were sold in multiple transactions at prices ranging from $31.93 to $32.09 per share (or DKK 205.16 to 206.20 per share). The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price upon request.
Referenced by the price of 2 transactions in Table I.
- F2
The Class A Common Shares were purchased at a price of $20.51, or DKK 131.80.
Referenced by the price of 1 transaction in Table I.
- F3
The Class A Common Shares were purchased at a price of $22.47, or DKK 144.40.
Referenced by the price of 1 transaction in Table I.
- F4
The transaction reported on May 20, 2026 was executed at a price of $32.30 per share (or DKK 207.57 per share).
Referenced by the price of 1 transaction in Table I.
- F7
The RSUs vested and were settled on May 20, 2026 upon vesting, with each RSU representing the right to receive one Class A Common Share.
Referenced by the price of 2 transactions in Table I.
Remarks
U.S. dollar amounts are translated from Danish kroner at the applicable exchange rates on the respective transaction dates.