EuroDry Ltd.·4

Jul 15, 5:05 PM ET

Pittas Aristeidis P 4

Research Summary

AI-generated summary

Updated

EuroDry (EDRY) Director Aristeidis P. Pittas Sells 250 Shares

What Happened
Aristeidis P. Pittas, a director of EuroDry Ltd. (EDRY), sold 250 shares on July 14, 2026 in an open-market/private sale at $23.45 per share, for a total of $5,863. The Form 4 was filed by the company on July 15, 2026.

Key Details

  • Transaction date and price: 2026-07-14 — 250 shares sold at $23.45 each. Total proceeds: $5,863.
  • Filing date / timeliness: Report filed 2026-07-15 (next business day) — appears timely under Section 16 reporting rules.
  • Shares owned after transaction: Not disclosed in the provided filing details.
  • Footnote of note (F1): The reporting person holds a 25% interest and has effective control over voting/disposition of shares held by Family United Navigation Co.; he disclaims beneficial ownership of those securities except to the extent of his pecuniary interest, and inclusion here is not an admission of beneficial ownership.

Context
Sales by insiders can be routine (diversification, liquidity, or other personal reasons) and a small, single sale of $5.9k is generally not a strong signal about company prospects. The footnote indicates the reporting person has a non-trivial interest and control in an entity holding shares, which affects how beneficial ownership is reported but does not change the fact of this specific sale.