Nordic American Offshore (NAO) reported that the son of its executive chairman Herbjorn Hansson bought shares in the offshore vessel company.
Alexander Hansson bought 300,000 shares of NAO at an average price of $1.18, the company reported. The most recent purchase brings the Hansson family's stake in NAO to 10.8%, the company said.
Herbjorn Hansson himself reported a 10% stake in the company in his last regulatory filing.
