Nordic American Tankers Ltd (NYSE: NAT) – The Hansson family buys more shares

Summary of Key Points Core Viewpoint - The recent share purchases by key executives of Nordic American Tankers Ltd (NAT) indicate strong insider confidence in the company's future performance, as both the Non-Executive Vice Chairman and the Founder, Chairman & CEO have acquired shares at $2.19 each, increasing their collective ownership significantly [1]. Company Actions - Alexander Hansson, the Non-Executive Vice Chairman, purchased 100,000 shares at a price of$2.19 per share, bringing his total holdings to 4,400,000 shares [1]. - Herbjorn Hansson, the Founder, Chairman & CEO, also bought 100,000 shares at the same price, resulting in the Hansson family owning a total of 9,050,000 shares, making them the largest private shareholder group in the company [1]. Shareholder Structure - The Hansson family now holds a significant stake in NAT, which reflects their commitment and confidence in the company's direction and performance [1].