Diana Shipping director's exercise issues 1.7M 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. director Margaronis Anastasios reported an exercise involving 1,000,000 warrants held indirectly through Anamar Investments Inc. on September 21, 2026, at an exercise price of $1.69527 per warrant; the exercise resulted in issuance of 1,695,269 common shares. Reported common-stock holdings through Anamar were 8,658,722 shares afterward. Anamar held 703,866 remaining warrants, exercisable for 1,193,242 common shares.
Insider Trade Summary
1,000,000 shares exercised/converted
Exercise
2 txns
Insider
Margaronis Anastasios
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Warrants F2, F1 | 1,000,000 | -- | -- |
| Exercise | Common Stock, $0.01 par value per share F2, F1 | 1,695,269 | -- | -- |
Holdings After Transaction:
Warrants — 703,866 warrants (Indirect, See footnote);
Common Stock, $0.01 par value per share — 8,658,722 shares (Indirect, See footnote)
Holdings Before and After:
Warrants, 1,703,866 to 703,866 warrants (Indirect, See footnote);
Common Stock, $0.01 par value per share, 6,963,453 to 8,658,722 shares (Indirect, See footnote)
Footnotes (2)
- F1. The shares are held by the Reporting Person indirectly through Anamar Investments Inc. ("Anamar") as the result of his ability to control the vote and disposition of Anamar. This amount includes 808,408 shares awarded to the Reporting Person pursuant to the Issuer's 2014 Equity Incentive Plan (as amended and restated), which are currently unvested.
- 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. On September 21, 2026, the Reporting Person exercised 1,000,000 Warrants at an exercise price of $1.69527 resulting in the issuance of 1,695,269 shares of Common Stock. The Reporting person currently owns 703,866 warrants through Anamar in the Warrant Distribution which entitles him to 1,193,242 shares of common stock issuable upon the exercise of the warrants.
Key Figures
Warrants exercised: 1,000,000 warrants
Exercise price: $1.69527 per warrant
Common shares issued: 1,695,269 shares
+4 more
7 metrics
Warrants exercised
1,000,000 warrants
September 21, 2026; held indirectly through Anamar Investments Inc.
Exercise price
$1.69527 per warrant
Warrants exercised on September 21, 2026
Common shares issued
1,695,269 shares
Result of the warrant exercise
Common shares following transaction
8,658,722 shares
Held indirectly through Anamar Investments Inc.
Warrants held after exercise
703,866 warrants
Held through Anamar Investments Inc.
Shares issuable upon exercise of remaining warrants
1,193,242 common shares
Shares issuable under warrants held through Anamar Investments Inc.
Unvested awarded shares
808,408 shares
Included in reported common-stock holdings; awarded under the 2014 Equity Incentive Plan
Key Terms
Warrant Distribution, exercise price, unvested, 2014 Equity Incentive Plan
4 terms
Warrant Distribution financial
"the "Warrant Distribution""
exercise price financial
"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.
unvested financial
"which are currently unvested"
2014 Equity Incentive Plan financial
"pursuant to the Issuer's 2014 Equity Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were the post-exercise DSX common-stock holdings?
The reported common-stock position following the transaction was 8,658,722 shares held indirectly through Anamar Investments Inc. This amount includes 808,408 shares awarded under Diana Shipping Inc.'s 2014 Equity Incentive Plan that were unvested.
How many DSX warrants remained after the exercise?
Anamar Investments Inc. held 703,866 warrants after the exercise, entitling the holder to 1,193,242 common shares upon exercise.
Was the DSX warrant exercise reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
