Golden Ocean CEO Birgitte Ringstad Vartdal has snapped up 10,000 shares in the Norwegian bulker company.

The acquisition would have cost around $70,000 at the average price of NOK 60.12 ($7).

The stock has since risen to NOK 60.95.

After the transactions, Vartdal owns 21,300 shares.

She holds options to buy 225,000.