Pittas Aristeidis P 4

What Happened Aristeidis P. Pittas, Vice Chairman and Director of EuroDry Ltd. (EDRY), reported two open-market purchases on Apr 8, 2026. He bought 352 shares at $20.10 in each trade (704 shares total) for a combined cash outlay of roughly $14,150. These were purchases (code P), which investors often view as more informative than routine sales, though the filing does not state Pittas’ motivation.

Key Details

• Transaction date: 2026-04-08; Price: $20.10 per share; Quantity: 352 shares x2 = 704 shares; Total ≈ $14,150.40.
• Report filed: Form 4 filed 2026-04-09 (timely — within the standard Form 4 reporting window).
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnotes of note:
  • F1: Pittas owns a 25% interest and has effective control over shares held by Family United Navigation Co.; he disclaims beneficial ownership except for his pecuniary interest.
  • F2: Pittas’ spouse is reported to own a 25% interest and have effective control over shares held by Family United Navigation Co.; similar disclaimer of beneficial ownership applies.
• Transaction code: P = Purchase (open-market/private purchase).

Context These are straightforward open-market purchases reported on a Form 4. The footnotes indicate some shares associated with Family United Navigation Co. are subject to control/interest allocations and disclaimers, meaning certain holdings reported alongside Pittas may reflect family/entity arrangements rather than direct personal holdings. The trade size is modest; retail investors should view it as a data point rather than a definitive signal of company outlook.