Diana Shipping director reports 5.96M indirect shares

Diana Shipping Inc. director Symeon Palios filed an amended initial ownership report to reflect a transfer of his holdings from Taracan Investments S.A., a wholly owned entity, to Limon Compania Financiera S.A., which he controls.

Rhea-AI Filing Summary

Diana Shipping Inc. director Symeon Palios filed an amended initial ownership report to reflect a transfer of his holdings from Taracan Investments S.A., a wholly owned entity, to Limon Compania Financiera S.A., which he controls.

As of April 22, 2026, he indirectly reported 5,963,837 shares of common stock held through Limon, including 2,051,912 unvested shares awarded under the 2014 Equity Incentive Plan. He also indirectly holds 707, 439 warrants through Limon from a December 14, 2023 warrant dividend, exercisable for 1,189,537 shares of common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Palios Symeon

Role Director

Type	Security	Shares	Price	Value
holding	Warrants F2	--	--	--
holding	Common Stock, $0.01 par value per share F1	--	--	--

Holdings After Transaction: Warrants — 1,189,537 contracts (Indirect, See footnote); Common Stock, $0.01 par value per share — 5,963,837 shares (Indirect, See footnote)

Footnotes (2)

1. F1. The shares are held by the Reporting Person indirectly through Limon Compania Financiera S.A. ("Limon") as the result of his ability to control the vote and disposition of Limon. This amount Includes 2,051,912 shares awarded to the Reporting Person pursuant to the Issuer's 2014 Equity Incentive Plan (as amended and restated), which are currently unvested.
2. F2. On December 14, 2023, the Issuer distributed a dividend to all shareholders as of the record date, December 6, 2023 (the "Warrant Distribution"). The Issuer distributed one-fifth of a warrant for each issued and outstanding Common Share. The Reporting person currently owns 707, 439 warrants through Limon in the Warrant Distribution which entitles him to 1,189,537 shares of common stock issuable upon the exercise of the warrants.

Key Figures

Indirect common shares: 5,963,837 shares Unvested equity awards: 2,051,912 shares Warrants held via Limon: 707, 439 warrants +3 more

6 metrics

Indirect common shares 5,963,837 shares Indirectly held through Limon Compania Financiera S.A. as of April 22, 2026

Unvested equity awards 2,051,912 shares Awarded to the reporting person under the 2014 Equity Incentive Plan and currently unvested

Warrants held via Limon 707, 439 warrants Warrants held through Limon from the December 14, 2023 Warrant Distribution

Shares issuable from warrants 1,189,537 shares Common stock issuable upon exercise of warrants held indirectly through Limon

Warrant distribution date December 14, 2023 Date the warrant dividend was distributed to shareholders

Warrant record date December 6, 2023 Record date for shareholders entitled to receive the Warrant Distribution

Key Terms

2014 Equity Incentive Plan, Warrant Distribution, record date, Common Share

4 terms

2014 Equity Incentive Plan financial

"awarded to the Reporting Person pursuant to the Issuer's 2014 Equity Incentive Plan"

Warrant Distribution financial

"as of the record date, December 6, 2023 (the "Warrant Distribution")."

record date financial

"distributed a dividend to all shareholders as of the record date, December 6, 2023"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

Common Share financial

"one-fifth of a warrant for each issued and outstanding Common Share."

A common share is a type of ownership in a company that gives the holder a claim to a portion of the company’s profits and assets. It often comes with voting rights, allowing shareholders to participate in decisions about the company’s direction. For investors, owning common shares can mean potential for growth and income, but also involves a higher level of risk compared to other types of investments.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Diana Shipping (DSX) Form 3/A filed by Symeon Palios report?

It reports updated indirect ownership after transferring holdings from Taracan Investments S.A. to Limon Compania Financiera S.A., showing his controlled common stock and warrant positions in Diana Shipping Inc. as of April 22, 2026.

How many Diana Shipping (DSX) common shares does Symeon Palios report indirectly owning?

He reports indirect control over 5,963,837 shares of common stock held through Limon Compania Financiera S.A. This total includes shares acquired previously and equity incentive awards, all reported as of April 22, 2026.

How many unvested equity incentive shares are included in Symeon Palios’s DSX holdings?

His indirect holdings include 2,051,912 unvested shares awarded under Diana Shipping’s 2014 Equity Incentive Plan. These shares are part of the 5,963,837 common shares reported as indirectly held through Limon Compania Financiera S.A.

What warrant distribution affecting Diana Shipping (DSX) is described in the filing?

On December 14, 2023, Diana Shipping distributed a warrant dividend of one-fifth of a warrant per Common Share to shareholders of record on December 6, 2023, referred to as the “Warrant Distribution” in the disclosure.

How many DSX warrants and underlying shares does Symeon Palios report via Limon?

He reports holding 707, 439 warrants through Limon from the Warrant Distribution. These warrants are exercisable into 1,189,537 shares of common stock, representing an additional potential indirect equity position.

Are Symeon Palios’s DSX holdings reported as direct or indirect ownership?

They are reported as indirect ownership through Limon Compania Financiera S.A., which he controls. The filing notes his ability to control Limon’s voting and disposition of the Diana Shipping securities it holds.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/27/2026 - 06:07 PM Accepted by SEC EDGAR 07/27/2026 - 06:07 PM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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1. Name and Address of Reporting Person^*

Palios Symeon

(Last) (First) (Middle)

PENDELIS 16, PALAIO FALIRO

(Street)

ATHENS 17564

(City) (State) (Zip)

GREECE

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/22/2026

3. Issuer Name and Ticker or Trading Symbol
DIANA SHIPPING INC. [ DSX ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)
03/18/2026

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $0.01 par value per share	5,963,837(1)	I	See footnote(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants	(2)	(2)	Common Stock	1,189,537(2)	(2)	I	See footnote(2)

Explanation of Responses:

1. The shares are held by the Reporting Person indirectly through Limon Compania Financiera S.A. ("Limon") as the result of his ability to control the vote and disposition of Limon. This amount Includes 2,051,912 shares awarded to the Reporting Person pursuant to the Issuer's 2014 Equity Incentive Plan (as amended and restated), which are currently unvested.

2. On December 14, 2023, the Issuer distributed a dividend to all shareholders as of the record date, December 6, 2023 (the "Warrant Distribution"). The Issuer distributed one-fifth of a warrant for each issued and outstanding Common Share. The Reporting person currently owns 707, 439 warrants through Limon in the Warrant Distribution which entitles him to 1,189,537 shares of common stock issuable upon the exercise of the warrants.

Remarks:

This amendment to the Reporting Person's Form 3, originally filed on March 18, 2026, is filed solely to reflect a transfer from Taracan Investments S.A. ("Taracan") an entity wholly owned by the Reporting Person to Limon Compania Financiera S.A. ("Limon") .

	/s/ Symeon Palios	07/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)