Norsk Hydro: Primary insiders purchase shares under Long-Term Incentive program and shares to employees
24 April 2025 - 5:56PM
Members of Hydro’s Executive Leadership Team have
received shares in Hydro via the Long-Term Incentive plan and
purchased shares via the employee share purchase
program.
Long-Term Incentive plan
Norsk Hydro ASA has a share-based Long-Term Incentive (LTI)
program in the form of a maximum remuneration of 30 percent of the
annual base salary, dependent on two equally weighted performance
metrics for the President and CEO, and the other members of the
Executive Leadership Team.
The two performance measures are 1.) Hydro's three year average
adjusted RoaCE relative to Hydro's adjusted RoaCE target, with
adjusted RoaCE based on market value of equity, and 2.) Hydro's
three year Total Shareholder Return (TSR) relative to a group of
peers.
The LTI payment is conditional on Hydro having a positive
adjusted EBIT in the previous year. The participants will be
required to invest the net amount after tax in Hydro shares and
they must hold the shares for at least three years.
The list below sets out the primary insiders that on April 24,
2025, have been allocated Hydro shares under the LTI plan at NOK
66.86 per share.
Sale of shares to employees
Primary insiders in Hydro have also agreed to purchase shares
under a general arrangement offered to employees employed by Hydro
in Norway each year.
All employees in Norway have been offered to purchase shares
valued at NOK 14,976.64, with a 50 percent discount. For employees
taking part in this arrangement, the share price is NOK 33.43 per
share, for 224 shares, and shares were transferred on April
24, 2025.
The following primary insiders have purchased shares under the
LTI program and under the employee share plan:
Name |
Position |
Acquired shares LTI plan |
Acquired shares employee share plan |
New holding |
Eivind Kallevik |
President & CEO |
13,507 |
224 |
111,605 |
Anne-Lene Midseim |
EVP, Legal and Compliance |
7,133 |
224 |
58,899 |
Hanne K. Simensen |
EVP, Hydro Aluminium Metal |
5,849 |
|
6,664 |
John Thuestad |
EVP, Hydro Bauxite & Alumina |
13,828 |
224 |
107,455* |
Hilde Vestheim Nordh |
EVP, People & HSE |
6,382 |
448** |
50,868*** |
Paul Warton |
EVP, Hydro Extrusions |
16,840 |
|
53,038 |
Therese Rød Holm |
EVP, Communication & Public Affairs |
5,447 |
224 |
14,540 |
Kari E. Thørud |
EVP, Hydro Energy |
4,154 |
224 |
4,766 |
Trond O. Christophersen |
CFO & EVP, Corporate Development |
8,287 |
224 |
23,659 |
*Including shares in private holding company Jothur
AS**Including shares acquired under the employee share plan by
close relative*** Including shares owned by close relative
Investor contact:Martine Rambøl Hagen+47
91708918Martine.Rambol.Hagen@hydro.com
Media contact:Halvor Molland+47
92979797Halvor.Molland@hydro.com
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act.
- Anne-Lene Midseim
- Eivind Kallevik
- Hanne Karine Simensen
- Hilde Vestheim Nordh
- John Gabriel Thuestad
- Kari Ekelund Thorud
- Paul Warton
- Therese Rod Holm
- Trond Olaf Christophersen
Lucapa Diamond (TG:NHY)
Historical Stock Chart
Von Mai 2025 bis Jun 2025
Lucapa Diamond (TG:NHY)
Historical Stock Chart
Von Jun 2024 bis Jun 2025