Pittas Aristeidis P 4/A
Research Summary
AI-generated summary
EuroDry (EDRY) Vice Chairman Pittas Buys 704 Shares
What Happened
Aristeidis P. Pittas, Vice Chairman and Director of EuroDry Ltd. (EDRY), made two purchases on April 8, 2026, acquiring 352 shares each at $20.10 per share. Each block was worth $7,075, for a combined purchase of 704 shares totaling $14,150. The transactions are reported as purchases (code P) — purchases are often viewed as a more informative/“bullish” signal than routine sales, though no motivation should be assumed.
Key Details
- Transaction date: 2026-04-08 (reported 2026-04-09; this filing is AMENDED)
- Price and size: 2 purchases of 352 shares @ $20.10 each; $7,075 per purchase; $14,150 total
- Form type: Amended Form 4 (accession 0002127484-26-000004)
- Transaction method: Open market or private purchase (reported as P)
- Shares owned after transaction: Not specified in this filing
- Notable footnotes:
- F1/F2: The filing notes interests held through Family United Navigation Co.; the reporting person (and spouse) each have a 25% interest and effective control over shares held by that entity but disclaim beneficial ownership except to the extent of pecuniary interest.
- No 10b5-1 plan, option exercise, gift, or tax-withholding reported.
Context: This is a straightforward purchase of common stock (not an option exercise or award). The filing was submitted the day after the trades and later amended — amended filings typically correct or clarify previously reported details. As always, purchases by insiders can be one data point among many; they do not guarantee future company performance.