Pittas Aristeidis P 4/A
Research Summary
AI-generated summary
EuroDry (EDRY) Vice Chairman Pittas Sells 704 Shares
What Happened
Pittas Aristeidis P, Vice Chairman and Director of EuroDry Ltd. (EDRY), reported two open‑market/private sale transactions on 2026‑04‑08. Each sale was for 352 shares at $20.10 per share, generating $7,075 each and $14,150 in total proceeds. This is an amended Form 4 filing (accession 0002127484-26-000005) reporting those sales.
Key Details
- Transaction date(s) and price(s): 2026-04-08 — two sales of 352 shares each at $20.10/share.
- Total shares sold: 704 shares; total proceeds ≈ $14,150.
- Filing: Amended Form 4 filed 2026-04-10 (appears filed within the normal 2‑business‑day reporting window).
- Shares owned after transaction: Not specified in the provided data.
- Footnotes:
- F1 — Reporting person owns a 25% interest and has voting/disposition control over shares held by Family United Navigation Co.; disclaims beneficial ownership except for pecuniary interest.
- F2 — Reporting person’s spouse owns a 25% interest and has voting/disposition control over shares held by Family United Navigation Co.; similar disclaimer applies.
Context
Sales by insiders are often routine liquidity events and do not by themselves indicate company performance or future stock direction. The filing notes ownership/control via a family entity (Family United Navigation Co.), which can affect how beneficial ownership is reported; the insider disclaims beneficial ownership of the entity’s shares except for any direct pecuniary interest.