Welcome to our dedicated page for Oceanpal SEC filings (Ticker: OP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for OceanPal Inc. (historically Nasdaq: OP) provides access to the company’s regulatory disclosures as a foreign private issuer. OceanPal files its annual information on Form 20-F and furnishes interim and event-driven updates on Form 6-K. These filings cover topics such as financial condition and results of operations, capital markets transactions, auditor changes, reverse stock splits, ticker symbol changes, and equity compensation awards.
For investors analyzing OceanPal’s shipping activities, Form 6-K submissions include management’s discussion and analysis, unaudited interim consolidated financial statements, and detailed fleet data. The company reports time charter revenues, voyage expenses, vessel operating expenses, and non-GAAP measures like time charter equivalent (TCE) rates and daily vessel operating expenses, along with ownership days, available days, operating days, and fleet utilization. These disclosures help readers understand how OceanPal’s dry bulk and tanker fleet performs under time charter and spot employment.
OceanPal’s filings also document capital raising and structural actions. In 2025, the company filed reports describing an upsized public offering of units under an effective Form F-1 registration statement, a large private investment in public equity (PIPE) transaction involving common shares and pre-funded warrants, and the establishment of an at-the-market offering program under a Sales Agreement with co-sales agents. Additional 6-Ks outline a one-for-twenty-five reverse stock split implemented through Articles of Amendment in the Republic of the Marshall Islands and confirm that the company regained compliance with Nasdaq’s minimum bid price requirement.
Another area of focus in OceanPal’s SEC disclosures is its digital asset treasury and governance. Filings describe the formation of SovereignAI Services LLC to implement a NEAR token treasury strategy, the use of PIPE proceeds to acquire NEAR tokens, and subsequent reports on SovereignAI’s NEAR holdings and yield. Other 6-Ks record changes in auditors, amendments to preferred share designations, an amended and restated stockholders rights agreement, and appointments and resignations of directors and senior executives. Stock Titan’s platform can pair these filings with AI-powered summaries to highlight key terms, structural changes, and treasury developments, helping readers navigate complex documents such as registration statements, stockholders rights agreements, and equity award arrangements.
OceanPal Inc. director and Co-Chief Executive Officer Salvatore J. Ternullo reported an open-market purchase of Common Stock. On April 17, 2026, he bought 500 shares at $10.35 per share. Following this transaction, his directly held position increased to 1,500 shares of OceanPal common stock.
OceanPal Inc. reports that Nasdaq has confirmed the company has regained compliance with the exchange’s minimum bid price requirement under Listing Rule 5550(a)(2), meaning its shares continue to meet Nasdaq Capital Market listing standards. Management says this allows full focus on the company’s dual strategy.
OceanPal is evolving from a pure-play shipping operator into a diversified business built around a NEAR Protocol digital asset treasury of approximately 55 million NEAR tokens and a traditional maritime division. Through subsidiary SovereignAI, it manages what it describes as the first publicly traded NEAR Protocol treasury, while its fleet of three vessels continues transporting dry bulk commodities and refined products.
OceanPal Inc. director and Co-Chief Executive Officer Salvatore J. Ternullo reported an open-market purchase of 500 shares of Common Stock at $10.78 per share on April 16, 2026. Following this transaction, he directly holds 1,000 shares of OceanPal Common Stock.
OceanPal Inc. Co-Chief Executive Officer and director Salvatore J. Ternullo purchased 500 shares of Common Stock in an open-market transaction. He bought the shares at $10.88 per share and now directly holds 500 shares following the transaction, indicating a small personal stake.
OceanPal Inc. reports share repurchases under its existing $10 million buyback program and sets a 0.8x mNAV threshold as a formal trigger level for future repurchases. The company has bought back 345,168 common shares for $2.7 million, leaving $7.3 million of authorized capacity.
OceanPal links its buyback policy to the market value of its NEAR token treasury, which totals more than 55 million NEAR tokens, valued at about $73.5 million at a NEAR price of $1.34. As of April 8, 2026, the stock traded around 0.9x mNAV and had risen over 50% since a recent reverse stock split.
OceanPal Inc. filed a Form 6-K to report that it has filed Articles of Amendment to its Amended and Restated Articles of Incorporation with the Registrar of Corporations of the Republic of the Marshall Islands on March 27, 2026, to effect its recent reverse stock split.
The company also states that the information in this report is incorporated by reference into its effective registration statements on Form F-3, allowing those shelf registrations to reflect the reverse split corporate changes.
OceanPal Inc. filed an insider ownership report for former officer and secretary Margarita Veniou. The Form 4 data show no reported insider transactions, with zero shares bought, sold, exercised, gifted, or restructured. This appears to be a routine administrative filing without trading activity.
OceanPal Inc. officer Aziz Bibi Rabbina, who serves as Secretary, filed an initial Form 3 reporting beneficial ownership. The filing shows no reportable transactions or holdings, making this a baseline disclosure of insider status rather than a record of recent trading activity.
OceanPal Inc. reported a leadership change in its corporate governance function. On March 25, 2026, Margarita Veniou resigned as Chief Corporate Development & Governance Officer and Secretary, effective immediately. The company stated that her resignation did not arise from any disagreement with the company or its Board on operations, policies, or practices.
On the same date, the Board unanimously appointed Rabbina Aziz as Corporate Secretary, also effective immediately, ensuring continuity in the company’s corporate secretarial and governance duties. The disclosure is also incorporated by reference into OceanPal’s effective Form F-3 registration statements.
OceanPal Inc. is implementing a one-for-twenty reverse stock split of its common shares, effective at the start of trading on March 30, 2026. Every twenty existing common shares will be combined into one share, with no change to par value or total authorized shares.
After the split, the number of outstanding common shares will decrease from approximately 37,517,290 to about 1,875,864. No fractional shares will be issued; holders entitled to a fraction will receive cash based on the NASDAQ closing price on March 27, 2026. The company’s shares will continue trading on NASDAQ under the symbol “SVRN” with a new CUSIP.
The board approved the reverse split in connection with efforts to regain compliance with NASDAQ’s minimum bid price requirement, and the company plans to present this action as part of its compliance plan at a hearing before a NASDAQ Hearings Panel.