[Form 4/A] EuroDry Ltd. Amended Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
EuroDry Ltd. vice chairman Aristeidis P. Pittas reported two indirect open-market purchases of common stock through Family United Navigation Co. on April 8, 2026. The entity bought a total of 704 shares at $20.10 per share, bringing its reported indirect holdings to 77,211 shares.
Footnotes explain that Pittas and his spouse each own a 25% interest in Family United Navigation Co. and have effective control over voting and disposition of its shares, while disclaiming beneficial ownership beyond their respective pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 704 shares ($14,150)
Net Buy
2 txns
Insider
Pittas Aristeidis P
Role
Vice Chairman
Bought
704 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common stock | 352 | $20.10 | $7K |
| Purchase | Common stock | 352 | $20.10 | $7K |
Holdings After Transaction:
Common stock — 77,211 shares (Indirect, Family United Navigation Co.)
Footnotes (1)
- 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 The Reporting Person's spouse 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
Key Figures
Shares purchased: 704 shares
Purchase price: $20.10 per share
Indirect holdings after transaction: 77,211 shares
+2 more
5 metrics
Shares purchased
704 shares
Total common stock bought in two open-market trades on April 8, 2026
Purchase price
$20.10 per share
Price for each common share in the reported open-market purchases
Indirect holdings after transaction
77,211 shares
Common stock indirectly held by Family United Navigation Co. after the trades
Net buy direction
704 shares net buy
Transaction summary shows net-buy direction with 704 net shares acquired
Number of purchase transactions
2 transactions
Two non-derivative open-market purchase entries coded P on April 8, 2026
Key Terms
open-market purchase, indirect ownership, pecuniary interest, beneficial ownership, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase" for common stock on April 8, 2026"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"The Form 4/A classifies these holdings as indirect with nature of ownership "Family United Navigation Co.""
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of such reporting person's respective pecuniary interest therein"
beneficial ownership financial
"disclaims beneficial ownership of the securities held by Family United Navigation Co."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.