Okeanis Eco Tankers (ECO) Director Daniel Allen Gold Sells Shares

What Happened

• Daniel Allen Gold, a director of Okeanis Eco Tankers Corp. (ECO), sold a total of 76,959 common shares in two open‑market transactions on August 13–14, 2026. He disposed of 8,539 shares at $65.04 each ($555,377) on Aug 13 and 68,420 shares at $59.99 each ($4,104,516), for a combined proceeds of $4,659,893. These were sales (dispositions), not purchases or option exercises.

Key Details

• Transaction dates and prices:
  • 2026-08-13: Sold 8,539 shares @ $65.04 — $555,377
  • 2026-08-14: Sold 68,420 shares @ $59.99 — $4,104,516
• Total shares sold: 76,959; total proceeds: $4,659,893.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The filing includes a disclaimer (F1) stating the reporting person disclaims beneficial ownership of these securities except to the extent of any pecuniary interest.
• Filing timeliness: Form 4 was filed 2026-08-17 for transactions on 8/13–8/14; this appears to be within the standard Section 16 reporting window (filed promptly).

Context

• These were open‑market sales by a director and should be read as disposals of shares rather than purchases or option exercises. Sales by insiders can be routine (diversification, liquidity, tax planning) and do not by themselves indicate management’s view of the company’s prospects.