Strategic Shipping Inc. - 15 May 2025 Form 4 Insider Report for Pangaea Logistics Solutions Ltd. (PANL)

Role
10%+ Owner
Signature
/s/ Constantine Tsoutsoplides, Chief Financial Officer
Issuer symbol
PANL
Transactions as of
15 May 2025
Net transactions value
+$471,346
Form type
4
Filing time
19 May 2025, 17:40:52 UTC
Previous filing
11 Apr 2025
Next filing
22 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Strategic Shipping Inc. 10%+ Owner 2960 POST ROAD, C/O M.T. MARITIME MANAGEMENT (USA) LLC, SOUTHPORT /s/ Constantine Tsoutsoplides, Chief Financial Officer 19 May 2025 0002047301

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANL Common Shares, $0.0001 par value per share Purchase $321,750 +75,000 +0.4% $4.29 18,668,653 15 May 2025 Direct F1
transaction PANL Common Shares, $0.0001 par value per share Purchase $73,802 +16,966 +0.09% $4.35 18,685,619 16 May 2025 Direct F2
transaction PANL Common Shares, $0.0001 par value per share Purchase $75,794 +17,384 +0.09% $4.36 18,703,003 19 May 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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.
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.