Beneficial Ownership Report · SCHEDULE 13D/A
TORM plc
TRMDNASDAQEQUITYCurrent
Beneficial Ownership Report
Structured filing — SCHEDULE 13D/A
primary_doc.xml
Amendment · This filing reports the amendment as submitted.
Subject company
- Company
- TORM plc
- Company CIK
- 0001655891
- Street
- 4th Floor, 120 Cannon Street
- City
- London
- State / country code
- X0
- Postal code
- EC4N 6AS
Statement details
- Amendment number
- 25
- Security class
- Class A common shares, par value $0.01 per share
- Event date
- 09/23/2026
Authorized notification person 1
- Name
- Martin Boskovich
- Phone
- (213) 830-6759
- Street
- Oaktree Capital Management, L.P.
- Street (continued)
- 333 S. Grand Avenue, 28th Floor
- City
- Los Angeles
- State / country code
- CA
- Postal code
- 90071
Reporting person 1
- Name
- OCM NJORD HOLDINGS S.A R.L.
- No reporting person CIK indication
- Y
- Citizenship / organization
- N4
- Reporting person type
- OO
- Source of funds code
- WC
- Aggregate amount owned
- 6,329,874.00
- Percent of class
- 6.17
- Sole voting power
- 0.00
- Shared voting power
- 6,329,874.00
- Sole dispositive power
- 0.00
- Shared dispositive power
- 6,329,874.00
- Comments
- The percent of class is calculated based on 102,650,777 shares of Class A common shares, par value $0.01 per share (the "Class A Shares") outstanding as of September 24, 2026, as reported in Exhibit 99.1 to the Issuer's Form 6-K filed with the Securities and Exchange Commission on September 24, 2026 (the "Form 6-K").
Reporting person 2
- Name
- OAKTREE CAPITAL MANAGEMENT GP, LLC
- No reporting person CIK indication
- Y
- Citizenship / organization
- DE
- Reporting person type
- OO
- Source of funds code
- AF
- Aggregate amount owned
- 6,329,874.00
- Percent of class
- 6.17
- Sole voting power
- 0.00
- Shared voting power
- 6,329,874.00
- Sole dispositive power
- 0.00
- Shared dispositive power
- 6,329,874.00
- Comments
- The percent of class is calculated based on 102,650,777 Class A Shares outstanding as of September 24, 2026, as reported in the Issuer's Form 6-K.
Reporting person 3
- Name
- OAKTREE CAPITAL HOLDINGS, LLC
- Reporting person CIK
- 0001790787
- No reporting person CIK indication
- N
- Citizenship / organization
- DE
- Reporting person type
- OO
- Source of funds code
- AF
- Aggregate amount owned
- 6,329,874.00
- Percent of class
- 6.17
- Sole voting power
- 0.00
- Shared voting power
- 6,329,874.00
- Sole dispositive power
- 0.00
- Shared dispositive power
- 6,329,874.00
- Comments
- The percent of class is calculated based on 102,650,777 Class A Shares outstanding as of September 24, 2026, as reported in the Issuer's Form 6-K.
Item 1
Issuer
TORM plc
Security title
Class A common shares, par value $0.01 per share
Principal address
Comment
This Amendment No. 25 ("Amendment No. 25") amends and supplements the statement on Schedule 13D filed by the Reporting Persons on February 5, 2018, as amended by Amendment No. 1 thereto filed March 27, 2020, Amendment No. 2 thereto filed May 19, 2020, Amendment No. 3 thereto filed June 5, 2020, Amendment No. 4 thereto filed June 17, 2020, Amendment No. 5 thereto filed September 14, 2020, Amendment No. 6 thereto filed April 26, 2023, Amendment No. 7 thereto filed June 12, 2023, Amendment No. 8 thereto filed December 4, 2023, Amendment No. 9 thereto filed January 9, 2024, Amendment No. 10 thereto filed January 18, 2024, Amendment No. 11 thereto filed March 14, 2024, Amendment No. 12 thereto filed April 8, 2024, Amendment No. 13 thereto filed June 3, 2024, Amendment No. 14 thereto filed October 3, 2024, Amendment No. 15 thereto filed March 18, 2025, Amendment No. 16 thereto filed September 5, 2025, Amendment No. 17 thereto filed September 15, 2025, Amendment No. 18 thereto filed September 29, 2025, Amendment No. 19 thereto filed November 17, 2025, Amendment No. 20 thereto filed December 23, 2025, Amendment No. 21 thereto filed January 8, 2026, Amendment No. 22 thereto filed March 6, 2026, Amendment No. 23 thereto filed June 23, 2026, and Amendment No. 24 thereto filed September 16, 2026 (the "Original 13D," and together with Amendment No. 25, the "Schedule 13D") with respect to the Class A Shares of the Issuer. Except as specifically provided herein, this Amendment No. 25 does not modify any of the information previously reported on the Schedule 13D. Capitalized terms not otherwise defined in this Amendment No. 25 shall have the same meanings ascribed thereto in the Schedule 13D. The Issuer is a foreign private issuer as defined in Rule 3b-4 of the Act and its principal executive offices are at 4th Floor, 120 Cannon Street, London, EC4N 6AS, United Kingdom.
Item 5
Number of shares
The information set forth in rows (7) through (10) of the cover pages of this Amendment No. 25 is incorporated by reference into this Item 5(b).
Transactions
On September 23, 2026, the Reporting Persons sold 5,000,000 Class A Shares for $32.50 per share, in a block trade pursuant to Rule 144. Except for such transaction, the Reporting Persons have not effected any other transactions in the Class A Shares since the filing of Amendment No. 24.
Percentage of class
Item 5(a)-(c) of the Schedule 13D is hereby amended and restated as follows and as set forth in subsections (b) and (c): The information set forth in rows (11) and (13) of the cover pages of this Amendment No. 25 is incorporated by reference into this Item 5(a). Ownership percentages set forth in this Schedule 13D assume 102,650,777 Class A Shares outstanding as of September 24, 2026, which is based on the Issuer's Form 6-K. As of the date hereof, each of the Reporting Persons may be deemed the beneficial owner of 6,329,874 Class A Shares, which represents approximately 6.17% of the total outstanding Class A Shares. Neither the filing of this Statement nor any of its contents shall be deemed to constitute an admission by any of the Reporting Persons that such person is the beneficial owner of any of the Class A Shares referred to herein for purposes of the Act, or for any other purpose.
Signature 1
- Reporting person
- OCM NJORD HOLDINGS S.A R.L.
- Signed
- /s/ Martin Eckel
- Title
- Martin Eckel / Manager
- Date
- 09/24/2026
Signature 2
- Reporting person
- OAKTREE CAPITAL MANAGEMENT GP, LLC
- Signed
- /s/ Henry Orren
- Title
- Henry Orren / Managing Director
- Date
- 09/24/2026
Signature 3
- Reporting person
- OAKTREE CAPITAL HOLDINGS, LLC
- Signed
- /s/ Henry Orren
- Title
- Henry Orren / Managing Director
- Date
- 09/24/2026
Company context
TORM is one of the world’s leading carriers of refined oil products. TORM operates a fleet of product tanker vessels with a strong commitment to safety. environmental responsibility and customer service. TORM was founded in 1889 and conducts business worldwide. TORM’s shares are listed on Nasdaq in Copenhagen and on Nasdaq in New York (ticker: TRMD A and TRMD. ISIN: GB00BZ3CNK81). For further information, please visit www.torm.com.