Diana Shipping director disposes 60,980 warrants
A DIANA SHIPPING INC. director reported disposing of 60,980 warrants while retaining over 200,000 warrants exercisable into common shares.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
DIANA SHIPPING INC. (DSX) director Papatrifon Eleftherios reported multiple warrant transactions involving the company’s common stock. Between September 2 and September 15, 2026, he disposed of 60,980 Warrants, each entitling the holder to purchase DSX common shares at an exercise price of $1.69527 per share. After these transactions, he still holds 211,311 Warrants from the prior warrant distribution, which are exercisable for 358,229 shares of common stock.
Insider Trade Summary
60,980 shares exercised/converted
Exercise
6 txns
Insider
Papatrifon Eleftherios
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Warrants F1 | 5,000 | -- | -- |
| Exercise | Warrants F1 | 5,000 | -- | -- |
| Exercise | Warrants F1 | 10,000 | -- | -- |
| Exercise | Warrants F1 | 10,980 | -- | -- |
| Exercise | Warrants F1 | 10,000 | -- | -- |
| Exercise | Warrants F1 | 20,000 | -- | -- |
Holdings After Transaction:
Warrants — 211,311 contracts (Direct)
Holdings Before and After:
Warrants, 272,291 to 211,311 contracts (Direct)
Footnotes (1)
- F1. 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. Between September 2, 2026 and September 15, 2026, the Reporting Person sold 60,980 Warrants at an exercise price of $1.69527. The Reporting person currently owns 211,311 warrants in the Warrant Distribution which entitles him to 358,229 shares of common stock issuable upon the exercise of the warrants.
Key Figures
Warrants disposed: 60,980 Warrants
Warrant exercise price: $1.69527 per share
Warrants remaining: 211,311 Warrants
+2 more
5 metrics
Warrants disposed
60,980 Warrants
Disposed between September 2 and September 15, 2026
Warrant exercise price
$1.69527 per share
Exercise price for warrants sold between September 2 and September 15, 2026
Warrants remaining
211,311 Warrants
Warrants currently owned by the reporting person from the Warrant Distribution
Underlying shares from remaining warrants
358,229 shares
Common stock issuable upon exercise of the 211,311 remaining warrants
Derivative exercises reported
6 transactions
Form 4 shows six derivative (warrant) transactions coded as exercises/conversions (M)
Key Terms
Warrants, exercise price, record date, Common Share, +1 more
5 terms
Warrants financial
"Between September 2, 2026 and September 15, 2026, the Reporting Person sold 60,980 Warrants"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
exercise price financial
"sold 60,980 Warrants at an exercise price of $1.69527"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
record date financial
"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.
Warrant Distribution financial
"The "Warrant Distribution" The Issuer distributed one-fifth of a warrant"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did DSX director Papatrifon Eleftherios report?
He reported disposing of 60,980 Warrants between September 2 and September 15, 2026. These transactions involved warrants received in a prior warrant distribution and were reported as disposals of derivative securities.
How many DSX warrants did the director sell and at what exercise price?
He sold 60,980 Warrants, each carrying an exercise price of $1.69527 per share. The exercise price is the price at which each warrant can be used to purchase a share of DIANA SHIPPING INC. common stock.
How many DSX warrants does the director still own after these transactions?
After the reported warrant disposals, he currently owns 211,311 Warrants from the warrant distribution. These remaining warrants are still outstanding in his holdings according to the filing’s footnote.
Were the DSX warrant transactions made under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote stating that these warrant disposals were executed pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
