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Strategic Shipping Inc.'s Form 4 filing

Pangaea Logistics Solutions Ltd.PANL · filed Apr 8, 2025

Accession no.
0000919574-25-002336
Filed
Apr 8, 2025
Trade date
Apr 4-8, 2025
Filing delay
4 days
Rule 10b5-1 plan
Not checked

This filing lists 3 non-derivative transactions. Open-market purchases total $600.2K. It was filed 4 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Strategic Shipping Inc.CIK 000204730110% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Apr 4, 2025Common Shares, $0.001 par value per sharePPurchaseAcquired+20,000$4.06F1+$81,20018,379,342Direct
Apr 7, 2025Common Shares, $0.001 par value per sharePPurchaseAcquired+50,000$4.14F2+$207,00018,429,342Direct
Apr 8, 2025Common Shares, $0.001 par value per sharePPurchaseAcquired+75,000$4.16F3+$312,00018,504,342Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

The price reported in Column 4 is an average price. These common shares were purchased in multiple transactions at prices ranging from $3.9990 to $4.1169 per share. The Reporting Person undertakes to provide Pangaea Logistics Solutions Ltd., any security holder of Pangaea Logistics Solutions Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.

Referenced by the price of 1 transaction in Table I.

F2

The price reported in Column 4 is an average price. These common shares were purchased in multiple transactions at prices ranging from $4.1013 to $4.1667 per share. The Reporting Person undertakes to provide Pangaea Logistics Solutions Ltd., any security holder of Pangaea Logistics Solutions Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.

Referenced by the price of 1 transaction in Table I.

F3

The price reported in Column 4 is an average price. These common shares were purchased in multiple transactions at prices ranging from $4.0901 to $4.1965 per share. The Reporting Person undertakes to provide Pangaea Logistics Solutions Ltd., any security holder of Pangaea Logistics Solutions Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)