Diana Shipping Inc.: director Anastasios Margaronis exercised 354,189 shares

What happened The filing says Anastasios Margaronis, a director, exercised 208,928 warrants at an exercise price of $1.69527 on Oct 12, 2026, which resulted in the issuance of 354,189 shares of common stock and a cash payment of $354,189.37.

Key details

• Transaction date and price: Oct 12, 2026; exercise price $1.69527 per warrant.
• Shares received: 354,189 common shares were issued to the reporting person.
• Derivative disposed: the filing shows disposition of 208,928 warrants (the derivative) in connection with the exercise.
• Ownership: the filing says the shares are held indirectly through ESX Investments Inc. (ESX) as a result of the reporting person's ability to control the vote and disposition of ESX (footnote F1).
• Warrant status: the filing says the reporting person no longer owns any warrants from the Warrant Distribution (footnote F2).
• Relevant dates in footnote: the filing says the Issuer distributed warrants on Dec 14, 2023 (record date Dec 6, 2023) and that the warrants were exercised on Oct 12, 2026 (footnote F2).

Why it may matter

• The filing shows an exercise of warrants that resulted in issuance of shares; it does not show a cashless sale of the issued shares.
• The filing identifies indirect ownership through ESX rather than direct holdings.
• The filing does not show why the insider traded or why the company acted.