Director Bjorn Andreas Freng Isaksen's Significant Stock Transactions in Himalaya Shipping
This Form 4 filing reports significant stock transactions by Himalaya Shipping Ltd. director Bjorn Andreas Freng Isaksen between April 8-9, 2026. The director exercised 150,000 share options at $6.70 per share on April 8, acquiring additional common shares. The next day, he sold 300,000 common shares at $13.40 per share (approximately NOK 127.96 per share) to Drew Holdings Ltd., representing a substantial profit on the exercised options. Following these transactions, the director's direct ownership decreased to 280,000 shares, while he maintains an indirect ownership of 20,000 shares through Freng Invest AS. The share options had an exercise price reduced from $8.00 to $6.70 due to dividends and cash distributions declared after the grant date. These transactions demonstrate significant insider trading activity with both option exercises and substantial share sales at a premium price.