---
title: "TGS issues 253,049 shares to employees after 2023 incentive plan units vest"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296080166.md"
description: "TGS issued 253,049 new common shares to employees following the vesting of its 2023 Long Term Incentive Plan units. Out of 160 participants eligible for up to 371,224 shares, many elected partial cash settlement for tax withholding, resulting in the net issuance of shares primarily to insiders like Kristian Johansen."
datetime: "2026-08-17T08:57:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296080166.md)
  - [en](https://longbridge.com/en/news/296080166.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296080166.md)
---

# TGS issues 253,049 shares to employees after 2023 incentive plan units vest

-   TGS disclosed vesting of 2023 Long Term Incentive Plan PSUs and RSUs, giving 160 participants rights to request up to 371,224 shares. \* Employees could elect partial cash settlement to cover tax withholding tied to vesting. \* TGS issued 253,049 new common shares net of units settled in cash. \* Primary insiders received new shares, led by Kristian Johansen with 19,133. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TGS ASA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608170457OMX\_\_\_\_\_CNEWS\_EN\_GNW1001257899\_en) on August 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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