EuroDry (EDRY) Director Pittas Aristeidis P Sells Shares

What Happened

• Director Pittas Aristeidis P reported two open-market sales totaling 500 shares of EuroDry Ltd. (EDRY). Each sale was 250 shares at $44.56 per share, producing proceeds of $11,140 each and $22,280 in aggregate. This was a sale (not a purchase), which is often routine insider selling and not necessarily a signal of company prospects.

Key Details

• Transaction date: 2026-08-21 (two separate sales of 250 shares each).
• Price per share: $44.56; Total proceeds: $22,280.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1 notes the reporting person owns a 25% interest in, and has voting/disposition control over, shares held by Family United Navigation Co., but disclaims beneficial ownership except to the extent of any pecuniary interest.
  • F2 states the reporting person’s spouse holds a 25% interest and has effective control over the shares held by Family United Navigation Co., with a similar disclaimer.
• Filing timeliness: Form filed on 2026-08-25 for transactions on 2026-08-21. This filing date is within the typical 2-business-day SEC Form 4 reporting window.

Context

• These were open-market sales (code S) rather than option exercises or awards. Sales by insiders can be for many reasons (liquidity, diversification, tax planning); they are factual disclosures and should be interpreted alongside other insider activity and company fundamentals.