TORM plc (TRMD)

Key Insights

• The CEO of TORM plc, Jacob Balslev Meldgaard, was granted 225,200 restricted stock units (RSUs) on April 10, 2026, which will vest in three equal annual installments over the next three years, subject to his continued service with the company.
• The RSUs were granted at a reference price of DKK 167.70 per share, which was calculated based on the average closing price of TORM's Class A common shares on the Nasdaq Copenhagen Stock Exchange during the 90-day period preceding the release of the company's 2025 annual report.
• The CEO's total beneficial ownership of TORM's Class A common shares increased to 1,265,600 shares following this grant of RSUs.