TORM Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

WBAG:TRMD Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
01 Apr 25	Sell€41,257	Annette Beate Wacknitz Justad	Individual		2,700	€15.28

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of TRMD?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	794,465	0.811%
Institutions	15,321,501	15.6%
VC/PE Firms	40,581,120	41.4%
General Public	41,255,343	42.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 55.59% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
41.4%	Brookfield Corporation	40,581,120	€782.5m	0%	1.01%
3.11%	Arrowstreet Capital, Limited Partnership	3,043,799	€58.7m	-0.05%	0.04%
2.38%	The Vanguard Group, Inc.	2,329,728	€44.9m	4.21%	no data
1.27%	Dimensional Fund Advisors LP	1,248,070	€24.1m	-0.41%	no data
1.27%	Norges Bank Investment Management	1,245,660	€24.0m	0%	no data
1.19%	American Century Investment Management Inc	1,164,275	€22.5m	53.4%	0.01%
0.78%	Jacob Meldgaard	768,261	€14.8m	320%	no data
0.65%	Fidelity International Ltd	641,557	€12.4m	0%	0.01%
0.45%	Aberdeen Group Plc	440,109	€8.5m	0%	0.01%
0.44%	Renaissance Technologies LLC	426,425	€8.2m	-28.8%	0.01%
0.31%	The Goldman Sachs Group, Inc.	303,727	€5.9m	14.1%	no data
0.27%	FundLogic SAS	261,208	€5.0m	0%	0.26%
0.25%	UBS Asset Management AG	247,535	€4.8m	-51.8%	no data
0.23%	Charles Schwab Investment Management, Inc.	222,362	€4.3m	-0.22%	no data
0.21%	Castleknight Management LP	202,881	€3.9m	-40%	0.25%
0.19%	Cambria Investment Management, L.P.	187,750	€3.6m	0%	0.12%
0.15%	Deutsche Asset & Wealth Management	143,818	€2.8m	22.3%	no data
0.14%	Journey Advisory Group, LLC	141,624	€2.7m	0%	0.24%
0.14%	Citadel Advisors LLC	133,680	€2.6m	0%	no data
0.13%	State Street Global Advisors, Inc.	130,993	€2.5m	0.75%	no data
0.13%	Corigliano Investment Advisers, LLC	125,400	€2.4m	-40.8%	0.85%
0.12%	Nomura Asset Management Taiwan Ltd.	117,626	€2.3m	0%	0.06%
0.12%	Millennium Management LLC	115,163	€2.2m	0%	no data
0.12%	Schweizerische Nationalbank	113,760	€2.2m	0%	no data
0.11%	Moore Capital Management, LP	111,861	€2.2m	0%	0.05%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/21 08:42
End of Day Share Price	2025/11/21 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TORM plc is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
Marcus Bellander	Carnegie Investment Bank AB
Håvard Lie	Danske Bank