Norwegian Air insiders boost holdings through employee share savings plan

On October 23, 2025, Norwegian Air Shuttle ASA completed a share purchase on behalf of employees participating in its Employee Share Savings Plan, totaling 602,107 shares at an average price of NOK 15.562 per share. Several primary insiders increased their holdings through this plan.

Knut Olav Irgens Høeg, chief IT & business services officer, acquired 577 shares, bringing his total to 189,831 shares and 479,570 share options. Magnus Thome Maursund, chief commercial officer, purchased 387 shares, now holding 7,732 shares and 551,103 share options. Hans-Jørgen Wibstad, chief financial officer, added 577 shares, resulting in 92,775 shares and 1,116,529 share options.

Other key personnel also saw their stakes increase. Anne-Sissel Skånvik, chief communications and public affairs officer, acquired 577 shares, holding 52,870 shares and 207,942 share options. Guro Halvorsen Poulsen, chief people officer, purchased 770 shares, increasing her holdings to 178,559 shares and 330,557 share options. Jeanette Bø-Alnes, chief performance officer, also bought 770 shares, bringing her total to 25,924 shares and 104,892 share options.

Employee representative board members also participated, with Torstein Hiorth Soland acquiring 578 shares (total 742 shares), Katrine Gundersen purchasing 674 shares (total 2,549 shares), and Adin Kavara, deputy employee representative board member, buying 577 shares (total 3,070 shares). Kari Enger, deputy employee representative board member, added 192 shares, now holding 3,121 shares. The transactions were executed on the Oslo Børs (XOSL) trading venue.