Company: ASC
Filing Date: 2025-05-07
Form Type: 6-K
Source: 0001558370-25-006618
Chunk: 25

Company: Ardmore Shipping Corp
Filing Date: 2025-05-07
Form: 6-K
Chunk 25
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 granted during the three months ended March 31, 2025 | ​ |       51,537 |
| PRSUs vested during the three months ended March 31, 2025  | ​ |            — |
| Balance as of March 31, 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) | ​ | $ |   456 |
| 2026    | ​ | ​ |   449 |
| 2027    | ​ | ​ |   232 |
| 2028    | ​ | ​ |    33 |
| ​       | ​ | $ | 1,170 |

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

F-13

<div align='center'>Ardmore Shipping Corporation

Notes to the Unaudited Interim Condensed Consolidated Financial Statements

For the three months ended March 31, 2025 and March 31, 2024

(Expressed in thousands of U.S. Dollars, except for shares and as otherwise stated)</div>

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 10,000 shares of its Series A Preferred Stock. The liquidation preference of the Series A Preferred Stock is $ 1,000.00per share. The shares of Series A Preferred Stock accrue cumulative dividends, whether or not declared, at an initial annual rate of 8.5% per $ 1,000.00of liquidation preference per share, which rate may change based on certain matters. Dividends are payable on January 30, April 30, July 30 and October 30 of each year, commencing July 30, 2021. So long as any share of the Series A Preferred Stock remains outstanding, no cash dividend