Company: ASC
Filing Date: 2025-11-05
Form Type: 6-K
Source: 0001104659-25-106687
Chunk: 30

Company: Ardmore Shipping Corp
Filing Date: 2025-11-05
Form: 6-K
Chunk 30
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Changes in the PRSUs for the nine months ended September 30, 2025 are set forth below:

| ​                                                             | ​ |            ​ |
| ​                                                             | ​ | No. of PRSUs |
| Balance as of January 1, 2025                                 |   |       86,607 |
| PRSUs granted during the nine months ended September 30, 2025 | ​ |       51,537 |
| PRSUs vested during the nine months ended September 30, 2025  | ​ |            — |
| Balance as of September 30, 2025 (none of which are vested)   |   |      138,144 |

The total cost related to non-vested PRSU awards expected to be recognized through 2028 is set forth below in thousands of U.S. Dollars:

| ​       
 Period  | ​ | ​ 
 ​ |     ​ 
 TOTAL |
|:--------|:--|:--|------:|
| 2025(1) | ​ | $ |   157 |
| 2026    | ​ | ​ |   471 |
| 2027    | ​ | ​ |   254 |
| 2028    | ​ | ​ |    36 |
| ​       | ​ | $ |   918 |

| (1) | Three-month period ending December 31, 2025 |

7. Preferred Stock On June 17, 2021 and on December 3, 2021, ASC issued 25,000shares and 15,000shares, respectively of Series A Cumulative Redeemable Perpetual Preferred Shares (“Series A Preferred Stock”) to an affiliate of Maritime Partners LLC. On December 10, 2024, the Company completed the redemption of 10,000shares of its Series A Preferred Stock. On October 31, 2025, the Company fully redeemed all outstanding preferred shares. The liquidation preference of the Series A Preferred Stock was $ 1,000.00per share. The shares of Series A Preferred Stock accrued cumulative dividends, whether or not declared, at an initial annual rate of 8.5% per $ 1,000.00of liquidation preference per share, which rate could change based on certain matters. Dividends were payable on January 30, April 30, July 30 and October 30 of each year, commencing July 30, 2021. So long