Form 4: Trygve Seglem Increases Stake in KNOT Offshore Partners

Director Trygve Seglem reported the acquisition of 1,250,000 Series A Preferred Units of KNOT Offshore Partners LP.

Summary

• Reporting person Trygve Seglem acquired 1,250,000 Series A Preferred Units of KNOT Offshore Partners LP (KNOP).
• The transaction occurred on June 15, 2026, at a price of $20.00 per unit.
• The units are held indirectly through Knutsen NYK Offshore Tankers AS (KNOT).
• Following the transaction, the reporting person maintains an indirect interest in 1,458,333 Series A Preferred Units, 9,661,255 Common Units, and 252,405 Class B Units.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a positive signal of insider commitment to the company's capital structure.

Positives

• Insider confidence demonstrated by the acquisition of 1,250,000 preferred units.
• Significant capital commitment by a key stakeholder at a $20.00 price point.

Negatives

• None noted in this filing.

Risks

• The reporting person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest, highlighting complex ownership structures.

Future Outlook

No forward-looking guidance provided in this ownership disclosure.

Industry Context

StockSavvy.ai notes that insider buying in the maritime and offshore energy sector often signals management's belief in the stability of dividend-paying preferred instruments during volatile energy cycles.

Comparison to Industry Standards

• The acquisition of preferred units is consistent with standard capital allocation strategies for directors in the offshore shipping industry.
• The transaction structure reflects typical control dynamics for joint-venture-backed maritime entities.

Related Party Transactions

• The transaction was executed through Knutsen NYK Offshore Tankers AS, an entity in which the reporting person has a significant ownership interest.

Stakeholder Impact

• Increased alignment between the director and preferred unit holders.

Next Steps

• No future actions or milestones disclosed.

Key Dates

Keywords

KNOT Offshore Partners, KNOP, Insider Trading, Form 4, Trygve Seglem, Preferred Units