Strategic Shipping Inc.'s Form 4 filing
Pangaea Logistics Solutions Ltd.PANL · filed May 19, 2025
- Accession no.
- 0000919574-25-003290
- Filed
- May 19, 2025
- Trade date
- May 15-19, 2025
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions. Open-market purchases total $471.3K. 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.
| Owner | Relationship to the company |
|---|---|
| Strategic Shipping Inc.CIK 0002047301 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 15, 2025 | Common Shares, $0.0001 par value per share | PPurchaseAcquired | +75,000 | $4.29F1 | +$321,750 | 18,668,653 | Direct | |
| May 16, 2025 | Common Shares, $0.0001 par value per share | PPurchaseAcquired | +16,966 | $4.35F2 | +$73,802.1 | 18,685,619 | Direct | |
| May 19, 2025 | Common Shares, $0.0001 par value per share | PPurchaseAcquired | +17,384 | $4.36F3 | +$75,794.24 | 18,703,003 | Direct |
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 $4.2828 to $4.2942 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 $4.2928 to $4.3496 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 $4.3191 to $4.3951 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.