Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Shipping - Oil & Gas Tankers, Dry cargo, LNG -- Ignore unavailable to you. Want to Upgrade?

To: The Barracuda™ who wrote (2343)	11/28/2023 2:51:36 PM
From: Selectric II	Read Replies (1) \| Respond to of 2670

Torm boss Jacob Meldgaard sells shares worth $16m but retains incentive to perform Tanker owner’s chief executive has more restricted shares coming 21 November 2023 9:55 GMT Updated 21 November 2023 10:19 GMT By Gary Dixon in London Torm chief executive Jacob Meldgaard has cashed in his shares in strong markets, but still has a “significant interest” in the company’s performance. A filing revealed that he sold 510,610 A-shares in Torm for a total of about DKK 110m ($16.1m) between 10 and 14 November. A spokesman for the Oaktree Capital Management-controlled company explained that, given the total of more than 84m Torm shares outstanding, it was not a “significant percentage holding”. tradewindsnews.com I don't have access to the entire piece, but get the jist.