Upgrade to SI Premium - Free Trial

Form 4 TORM plc For: Apr 10 Filed by: Meldgaard Jacob Balslev

April 10, 2026 4:21 PM
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: December 31, 2014
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Meldgaard Jacob Balslev
(Last) (First) (Middle)
C/O TORM PLC
120 CANNON STREET
(Street)
LONDON EC4N6AS
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TORM plc [ TRMD ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 04/10/2026 A 225,200 (2) (2) Class A Common Shares 225,200 $ 0 1,265,600 D
Explanation of Responses:
1. The Issuer granted the Reporting Person restricted stock units ("RSUs") with an exercise price of DKK 167.70 at the time of allocation. The amount referenced herein reflects the grant date reference price used by the Issuer solely for internal valuation purposes and for determining withholding obligations, if any. The RSUs do not have an exercise or purchase price payable by the Reporting Person. The reference price was calculated as the average of the closing sale prices of the Issuer's Class A common shares on the Nasdaq Copenhagen Stock Exchange during the 90 calendar day period preceding the release of the Issuer's 2025 Annual Report on February 26, 2026, adjusted to reflect the dividend declared for the fourth quarter of 2025. The reference price will adjust for subsequent dividends in accordance with the terms of the RSU award.
2. The RSUs reported herein were granted on April 10, 2026 and represent a contingent right to receive shares of the Issuer's Class A common shares upon vesting. The RSUs vest in three equal annual installments on January 1, 2027, January 1, 2028, and January 1, 2029, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date. Each vested RSU will be settled in one Class A common share of the Issuer. No shares of Class?A common stock were issued upon the grant of the RSUs.
/s/ Jacob Balslev Meldgaard 04/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Categories

SEC Filings