Giaever Becomes Nordic American Tankers Insider, Files Form 3
| Field | Detail |
|---|---|
| Company | Giaever Bjoern |
| Form Type | 3 |
| Filed Date | Mar 24, 2026 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-filing, form-3, initial-ownership, corporate-governance
TL;DR
**New insider Bjoern Giaever just filed a Form 3 for Nordic American Tankers, watch for future ownership details!**
AI Summary
This filing, dated March 24, 2026, indicates that Bjoern Giaever has become an insider at Nordic American Tankers Ltd. (NAT), triggering an initial statement of beneficial ownership. While the filing doesn't detail specific share counts, it signifies Giaever's new reporting obligation as an insider. This matters to investors because insider activity can signal confidence or concern about a company's future, and future filings will reveal Giaever's holdings and transactions, which could influence NAT's stock price.
Why It Matters
This filing signals a new insider at Nordic American Tankers, meaning future disclosures of their stock transactions could provide valuable insights into the company's health and prospects.
Risk Assessment
Risk Level: low — This is a routine initial filing for a new insider and does not inherently indicate a positive or negative event for the company.
Analyst Insight
Investors should add Giaever Bjoern to their insider tracking for Nordic American Tankers (NAT) and monitor future Form 4 filings for insights into their buying or selling activity, which could signal management's confidence.
Key Numbers
- 2026-03-24 — Filing Date (Date the Form 3 was filed with the SEC.)
- 2026-03-18 — Period of Report (Date for which the initial beneficial ownership is being reported.)
Key Players & Entities
- Giaever Bjoern (person) — Reporting Person, new insider at Nordic American Tankers Ltd.
- Nordic American Tankers Ltd. (company) — Issuer of securities
- 0002121911 (dollar_amount) — CIK for Giaever Bjoern
- 0001000177 (dollar_amount) — CIK for Nordic American Tankers Ltd.
- 2026-03-24 (dollar_amount) — Filing Date and Accepted Date
- 2026-03-18 (dollar_amount) — Period of Report
Forward-Looking Statements
- Future Form 4 filings will detail Giaever Bjoern's specific shareholdings and any subsequent transactions. (Giaever Bjoern) — high confidence, target: Ongoing
FAQ
Who is the reporting person in this Form 3 filing?
The reporting person is Giaever Bjoern, identified by CIK 0002121911, who has filed an initial statement of beneficial ownership of securities.
What company is the issuer of the securities mentioned in this filing?
The issuer of the securities is NORDIC AMERICAN TANKERS Ltd, identified by CIK 0001000177.
What is the filing date of this Form 3?
The filing date for this Form 3 is 2026-03-24, and it was accepted on the same date at 13:42:03.
What is the 'Period of Report' for this filing?
The 'Period of Report' for this Form 3 is 2026-03-18, indicating the date for which the initial beneficial ownership is being reported.
What type of filing is this, and what does it signify?
This is a Form 3, an 'Initial statement of beneficial ownership of securities'. It signifies that Giaever Bjoern has become an officer, director, or 10% shareholder of Nordic American Tankers Ltd., requiring them to disclose their initial holdings.
Filing Stats: 408 words · 2 min read · ~1 pages · Grade level 9.1 · Accepted 2026-03-24 13:42:03
Filing Documents
- ownership.html (3)
- ownership.xml (3) — 2KB
- 0000919574-26-001863.txt ( ) — 4KB
From the Filing
SEC FORM 3 SEC Form 3 FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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: 3235-0104 Estimated average burden hours per response: 0.5 1. Name and Address of Reporting Person * Giaever Bjoern (Last) (First) (Middle) PAR LA VILLE PLACE 14 PAR LA VILLE ROAD (Street) HAMILTON HM 08 (City) (State) (Zip) BERMUDA (Country) 2. Date of Event Requiring Statement (Month/Day/Year) 03/18/2026 3. Issuer Name and Ticker or Trading Symbol NORDIC AMERICAN TANKERS Ltd [ NAT ] 3a. Foreign Trading Symbol 5. If Amendment, Date of Original Filed (Month/Day/Year) 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Chief Financial Officer 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 Beneficially Owned 1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Shares 60,000 D Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: /s/ Bjoern Giaever 03/24/2026 ** 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 5 (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. * Form 3: SEC 1473 (03-26)