Chief executive Lars Solbakken, finance chief Eirik Eide and vice president Marius Magelie each increased their investments in the Oslo-listed owner as part of its incentive scheme.
The transactions were disclosed only a few hours after Ocean Yield took on four LR2 tankers from Navig8 on a 13-year sale and leaseback.
“The positive for us is that we are buying new LR2 assets at a very attractive level,” said Solbakken.