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Himalaya Shipping Ltd. logo

Himalaya Shipping (HSHP) director Isaksen received 200,000 units

ByQuantisnow·Wall Street's wire, on your screen.
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Insider transactions reported

Isaksen Bjorn Andreas Freng (director at Himalaya Shipping Ltd., HSHP) reported that they received 200,000 units, and exercised or converted 200,000 units at $6.65 on Jun 17, 2026.

Reporting person
Isaksen Bjorn Andreas Freng

Options and other derivatives

Options and other derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Jun 17, 2026Exercise or conversion of a derivative (M)Forward purchase agreement (right to buy)On 200,000 Common Shares1, 2-200,000$6.65$1.33M0 direct
Jun 17, 2026Grant or award (A)Forward purchase agreement (right to buy)On 200,000 Common Shares3+200,000$15.22$3.04M200,000 direct

Footnotes from the filing

  1. 1. Forward purchase agreement with Drew Holdings Ltd. to purchase common shares for settlement on June 15, 2026 at a price of $7.13 per share, to be adjusted by 5% interest less any dividends paid between November 11, 2024 and the settlement date.
  2. 2. Cash settlement at $15.22 per share of 200,000 shares under the forward purchase agreement less the agreed price of $6.65 per share ($7.13 per share adjusted by 5% interest less dividends paid between November 11, 2024 and settlement date).
  3. 3. Forward purchase agreement with Drew Holdings Ltd. to purchase common shares for settlement on June 17, 2029 at a price of $15.22 per share, to be adjusted by 6% interest less any dividends paid between June 17, 2026 and the settlement date.

Transaction codes in this filing

Grant or award:
Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
Exercise or conversion of a derivative:
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.

FAQ

What did Isaksen report in this HSHP Form 4?

Isaksen Bjorn Andreas Freng (director at Himalaya Shipping Ltd., HSHP) reported that they received 200,000 units, and exercised or converted 200,000 units at $6.65 on Jun 17, 2026.

What does transaction code A mean on an SEC Form 4?

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

Historical context for HSHP

Earlier insider filings at HSHP

Quantisnow market dataNYSE
Himalaya Shipping Ltd. logo
HSHP
Himalaya Shipping Ltd.
Market cap
30-day
Sector
Consumer Discretionary
Industry
Marine Transportation
Listed since
2023
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