Pittas Aristeidis P 4
4 · EUROSEAS LTD. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Euroseas (ESEA) Director Aristeidis P. Pittas Buys 500 Shares
What Happened
- Aristeidis P. Pittas, a director of Euroseas Ltd. (ESEA), purchased a total of 500 shares on June 11, 2026. The filing shows two purchases of 250 shares each at $67.18 per share, each transaction valued at $16,795, for a combined cost of $33,590. This was a purchase (insider buy), which many retail investors view as a potentially positive signal.
Key Details
- Transaction date: June 11, 2026; Filing date: June 12, 2026 (timely).
- Prices and amounts: 2 × 250 shares at $67.18 each; total 500 shares; total value $33,590.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes of note:
- F1: The reporting person owns a 25% interest in Family United Navigation Co. and has effective control over voting/disposition of shares held by that entity, but disclaims beneficial ownership except to the extent of any pecuniary interest.
- F2: The reporting person's spouse likewise owns a 25% interest and has effective control over shares held by Family United Navigation Co.; the reporting person similarly disclaims beneficial ownership except to the extent of a pecuniary interest.
- Transaction code: P = Purchase (open market or private purchase as indicated on the Form 4).
Context
- This filing documents straightforward open-market/private purchases by a company director; purchases are generally more informative to investors than routine sales because they show the insider deploying personal capital. The footnotes indicate related-party interests (Family United Navigation Co.) and clarify how beneficial ownership is disclaimed, which is common in filings involving family or controlled entities.
Insider Transaction Report
Form 4
EUROSEAS LTD.ESEA
Pittas Aristeidis P
Director
Transactions
- Purchase
Common stock
[F1]2026-06-11$67.18/sh+250$16,795→ 58,050 total(indirect: Family United Navigation Co.) - Purchase
Common stock
[F2]2026-06-11$67.18/sh+250$16,795→ 58,050 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|2026-06-12