Pittas Aristeidis P 4
4 · EUROSEAS LTD. · Filed Apr 15, 2026
Research Summary
AI-generated summary of this filing
Euroseas (ESEA) Vice Chair Aristeidis Pittas Sells 500 Shares
What Happened Aristeidis P. Pittas, Vice Chairman and Director of Euroseas Ltd. (ESEA), reported two sales on April 14, 2026: 250 shares sold at $70.20 and a second 250 shares sold at $70.20, totaling 500 shares and proceeds of $35,100. The Form 4 records these as sales (transaction code S) executed via open market or private sale. Sales are typically routine dispositions and are less indicative of bullish insider conviction than purchases.
Key Details
- Transaction date: April 14, 2026; Filing date: April 15, 2026 (timely filed).
- Price and amounts: 2 transactions of 250 shares each at $70.20 per share; total proceeds $35,100.
- Shares owned after transaction: Not specified in the supplied filing excerpt.
- Footnotes:
- F1: Pittas owns a 25% interest and has control over shares held by Family United Navigation Co., but disclaims beneficial ownership of those shares except to the extent of his pecuniary interest.
- F2: Reporting person’s spouse also is described as owning a 25% interest and controlling shares held by Family United Navigation Co., with a similar disclaimer.
- Transaction code: S = Sale.
Context
- The filing shows straight sales, not option exercises, gifts, or awards. There’s no 10b5‑1 plan or tax‑withholding notation noted in the excerpt.
- Footnotes indicate some shares may be held through Family United Navigation Co.; the reporter disclaims full beneficial ownership of those entity‑held shares, which is common when holdings are held via family or entity structures.
Insider Transaction Report
Form 4
EUROSEAS LTD.ESEA
Pittas Aristeidis P
Director
Transactions
- Sale
Common stock
[F1]2026-04-14$70.20/sh+250$17,550→ 57,800 total(indirect: Family United Navigation Co.) - Sale
Common stock
[F2]2026-04-14$70.20/sh+250$17,550→ 57,800 total(indirect: Family United Navigation Co.)
Footnotes (2)
- [F1]The Reporting Person owns a 25% interest and has effective control over voting and disposition of the shares owned by Family United Navigation Co. The Reporting Person disclaims beneficial ownership of the securities held by Family United Navigation Co. except to the extent of such reporting person's respective pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
- [F2]The Reporting person's spouse owns 25% interest and has effective control over voting and disposition of the shares owned by Family United Navigation Co. The Reporting Person disclaims beneficial ownership of the securities held by Family United Navigation Co. except to the extent of such reporting person's respective pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
Signature
Aristides P. Pittas|2026-04-15