Gernot Ruppelt - 18 Mar 2026 Form 3 Insider Report for Ardmore Shipping Corp (ASC)

Role: Chief Executive Officer, Director
Signature: /s/ Aideen O'Driscoll, Attorney-in-Fact
Issuer symbol: ASC
Transactions as of: 18 Mar 2026
Net transactions value: $0
Form type: 3
Filing time: 18 Mar 2026, 19:06:47 UTC
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Ruppelt Gernot	Chief Executive Officer, Director	C/O PERKINS COIE LLP, 1301 SECOND AVENUE, SUITE 4200, SEATTLE	/s/ Aideen O'Driscoll, Attorney-in-Fact	18 Mar 2026	0001978878

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ASC	Common Stock						151,133	18 Mar 2026	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	ASC	Restricted Stock Units							18 Mar 2026	Common Stock	3,280	$0.000000	Direct	F1, F2
holding	ASC	Restricted Stock Units							18 Mar 2026	Common Stock	14,561	$0.000000	Direct	F1, F3
holding	ASC	Restricted Stock Units							18 Mar 2026	Common Stock	32,981	$0.000000	Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Stock Units ("RSUs") represent a contingent right to receive one share of the Issuer's common stock per RSU. RSUs have associated dividend equivalent rights ("DERs") that vest and become payable in shares of the Issuer's common stock proportionately with the RSUs to which they relate. Upon vesting of RSUs, the number of shares issuable under the associated DERs becomes calculable, based on the quotient of the accrued dividends with respect to the vested RSUs, divided by the common stock's fair market value on such vesting date (or in the event dividends are declared, but not yet paid to stockholders as of a vesting date, on the date of payment to stockholders).
F2	These RSUs vest in full on the date shown, subject to the reporting person's continued service to the Issuer through the vesting date.
F3	Date at which first vesting occurs is indicated. These RSUs vest in equal annual installments over 2 years, subject to the reporting person's continued service to the Issuer through each vesting date.
F4	Date at which first vesting occurs is indicated. These RSUs vest in equal annual installments over 3 years. subject to the reporting person's continued service to the Issuer through each vesting date.

Remarks:

Exhibit 24: Power of Attorney provided herewith. Due to technical difficulties, the reporting person's foreign address could not be provided.