Laura Anthony 4

What Happened
Laura Anthony, a director of Pangaea Logistics Solutions Ltd. (PANL), reported gifts of company stock. On Feb 28, 2025 she transferred 23,088 shares at $5.20 per share (reported value $120,058) and on Feb 25, 2026 she transferred 14,140 shares at $8.48 per share (reported value $119,907). The combined transfers equal 37,228 shares with a reported aggregate value of about $239,965. The filing also shows same‑date entries coded as "A" (grant/award or other acquisition) for corresponding share amounts at $0.00.

Key Details

• Transaction dates and prices:
  • 2025-02-28: Gift of 23,088 shares @ $5.20 (disposed) — $120,058
  • 2025-02-28: Two A‑code entries of 11,544 shares each @ $0.00 (acquired)
  • 2026-02-25: Gift of 14,140 shares @ $8.48 (disposed) — $119,907
  • 2026-02-25: Two A‑code entries of 7,070 shares each @ $0.00 (acquired)
• Footnotes: Each gift was a transfer to an irrevocable family trust with a disinterested trustee for the benefit of the reporting person’s children (F1, F2).
• Shares owned after the transactions: Not specified in the provided excerpt of the Form 4.
• Filing timeliness: The Form 4 was filed on 2026-06-09; the Feb 2025 and Feb 2026 transactions were reported well after the transaction dates (the filing appears late).

Context
Gifts (code G) are transfers for estate or family planning and do not necessarily indicate the donor’s view on the company’s outlook. The A‑code zero‑cost entries indicate reported acquisitions/awards at $0.00 on the same dates but the filing does not explain their economic nature; no speculation is made here. The filer ceased serving as a director effective June 7, 2026 (noted in the remarks).