NAT Insider Buy: CEO Hansson Adds 100,000 Shares at $6.03

Nordic American Tankers Ltd (NAT) CEO Herbjorn Hansson bought 100,000 shares at $6.03 apiece on Friday, July 10, according to a letter to shareholders. The purchase increases his already substantial holding in the crude tanker operator.

Hansson said the buy reflects his confidence in the company's outlook. He did not disclose his total stake after the transaction.

NAT shares have traded near $6 for much of 2026, pressured by weak spot tanker rates and an oversupplied fleet. The stock carries an Alpha Score of 50 out of 100, a mixed reading that balances valuation against near-term earnings headwinds.

Insider buying at a CEO's own cash is often read as a signal, though the move is small relative to NAT's roughly $800 million market cap. The buy date and price are now on file.