Frontline plc Grants Synthetic Options to Management
Ticker: FRO · Form: 6-K · Filed: Sep 18, 2025 · CIK: 913290
Sentiment: neutral
Topics: executive-compensation, options, reporting
TL;DR
Frontline plc gave execs 362k synthetic options on 5/27/25.
AI Summary
Frontline plc announced on May 27, 2025, that it has granted 362,284 synthetic options to management. This filing is a Form 6-K report for the month of September 2025, indicating the company's ongoing reporting obligations.
Why It Matters
The granting of synthetic options can be a form of executive compensation, potentially aligning management's interests with shareholder value.
Risk Assessment
Risk Level: low — This filing is a routine report of a press release and does not contain significant new financial or operational information that would immediately impact risk.
Key Numbers
- 362,284 — Synthetic Options Granted (Granted to management as announced in a press release.)
Key Players & Entities
- Frontline plc (company) — Registrant
- 362,284 (dollar_amount) — Number of synthetic options granted
- May 27, 2025 (date) — Date of press release
FAQ
What is the purpose of the synthetic options granted to management?
The filing states that the options were granted to management, which is typically a form of executive compensation designed to incentivize performance and align interests with shareholders.
When was the press release announcing the option grant issued?
The press release was issued on May 27, 2025.
What type of filing is this Form 6-K?
This is a Report of Foreign Private Issuer pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934.
What is Frontline plc's fiscal year end?
Frontline plc's fiscal year end is December 31.
What is the SIC code for Frontline plc?
The Standard Industrial Classification (SIC) code for Frontline plc is 4412, which corresponds to Deep Sea Foreign Transportation of Freight.
Filing Stats: 1,633 words · 7 min read · ~5 pages · Grade level 15.1 · Accepted 2025-09-18 16:44:11
Key Financial Figures
- $5.35 — 5, adjusted from NOK 71 / NOK 76 due to $5.35 dividend paid per share since the optio
- $5.71 — NOK 10.70, adjusted from NOK 71 due to $5.71 dividend paid per share since the optio
Filing Documents
- d11825956_6-k.htm (6-K) — 97KB
- 0000919574-25-005741.txt ( ) — 98KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. FRONTLINE PLC (registrant) Dated: September 18, 2025 By: /s/ Inger M. Klemp Name: Inger M. Klemp Title: Principal Financial Officer EXHIBIT 1 FRO – Grant of synthetic options 27.05.2025 Frontline plc ("Frontline" or the "Company") hereby announces that 362,284 synthetic options have today been granted to management and employees of the Company. The synthetic options will have a five-year term expiring May 27, 2030, and will vest over a three-year vesting period as follows: 1/3 of the synthetic options will vest on May 27, 2026 1/3 of the synthetic options will vest on May 27, 2027 1/3 of the synthetic options will vest on May 27, 2028 The exercise price of the synthetic options is USD 16.8 being the volume-weighted average price of the share the last 30 days prior to grant. The exercise price will further be adjusted for any distribution of dividends made before the relevant synthetic options are exercised. The synthetic options granted to the CEO and the CFO are subject to a cap on maximum annual gain equal to two times the annual base salary at the time of exercise of the synthetic options. The synthetic options will be settled in cash based on the difference between the market price of the Company's shares and the exercise price on the date of exercise. The synthetic options have been granted according to the rules of the Company's synthetic option scheme approved by the Board of Directors of the Company. Please see the attached forms of notification of transactions by primary insiders for the synthetic options. May 27, 2025 The Board of Directors Frontline plc Limassol, Cyprus This notification has been publicly disclosed in accordance with Article 19 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act. Attach