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TORM CEO Jacob Balslev Meldgaard exercises and sells shares worth over DKK 136 million.

Market News
21 May 2026
PRNewsWire
View Source
Neutral
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Jacob Balslev Meldgaard, CEO of TORM plc, exercised 170,133 restricted share units at prices between DKK 131.8 and DKK 144.4 per share on May 20, 2026. He then sold a total of 549,177 shares between May 18 and May 20, 2026, at prices ranging from DKK 205.16 to DKK 207.57 per share, generating proceeds of approximately DKK 112.8 million. These transactions were conducted outside a trading venue. TORM is a leading global carrier of refined oil products, listed on Nasdaq Copenhagen and Nasdaq New York. This insider activity may reflect confidence in the company's outlook or personal financial planning but does not necessarily indicate a change in company fundamentals.

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