Diana Shipping director exercises 122K warrants
Director-related entity exercised warrants into DIANA SHIPPING INC. common stock, with holdings reported as indirect and subject to a beneficial ownership disclaimer.
Rhea-AI Filing Summary
DIANA SHIPPING INC. (DSX) director Anastasios Margaronis reported an indirect exercise of warrants held by his spouse, Mrs. Maria Margaroni, through Coronis Investments Inc. On September 17, 2026, 122,471 warrants were exercised at $1.69527, issuing 207,621 common shares, bringing their reported indirect common stock holdings to 1,181,452 shares. All securities are reported with a disclaimer that he is not deemed the beneficial owner beyond any pecuniary interest, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
122,471 shares exercised/converted
Exercise
2 txns
Insider
Margaronis Anastasios
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Warrants F2 | 122,471 | -- | -- |
| Exercise | Common Stock, $0.01 par value per share F2, F1 | 207,621 | -- | -- |
Holdings After Transaction:
Warrants — 0 contracts (Indirect, See footnote);
Common Stock, $0.01 par value per share — 1,181,452 shares (Indirect, See footnote)
Footnotes (2)
- F1. The shares are held by Mrs. Maria Margaroni, the spouse of the Reporting Person, indirectly through Coronis Investments Inc. ("Coronis"), as a result of her ability to control the vote and disposition of Coronis. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F2. On September 17, 2026, Mrs. Maria Margaroni, the spouse of Reporting Person, through Coronis, exercised all 122,471 Warrants owned by her at an exercise price of $1.69527, resulting in the issuance of 207,621 shares of Common Stock. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Key Figures
Warrants exercised: 122,471 warrants
Exercise price: $1.69527 per warrant
Common shares issued: 207,621 shares
+2 more
5 metrics
Warrants exercised
122,471 warrants
Exercised on September 17, 2026 by spouse through Coronis Investments Inc.
Exercise price
$1.69527 per warrant
Exercise of 122,471 warrants held by spouse through Coronis Investments Inc.
Common shares issued
207,621 shares
Shares of DIANA SHIPPING INC. common stock issued upon warrant exercise on September 17, 2026
Indirect common shares after transaction
1,181,452 shares
Indirect holdings reported for director via spouse and Coronis after exercise
Warrants remaining after exercise
0 warrants
All 122,471 warrants owned by spouse through Coronis were exercised
Key Terms
Exercise or conversion of derivative security, beneficial ownership, pecuniary interest, Section 16, +1 more
5 terms
Exercise or conversion of derivative security financial
"Transaction code M is described as an exercise or conversion of derivative security"
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership except to the extent of his pecuniary interest"
Section 16 regulatory
"beneficial owner of such securities for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
indirect ownership financial
"The shares are held by Mrs. Maria Margaroni, the spouse of the Reporting Person"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did DSX director Anastasios Margaronis report on September 17, 2026?
He reported an indirect exercise of 122,471 warrants held by his spouse, Mrs. Maria Margaroni, through Coronis Investments Inc., resulting in the issuance of 207,621 shares of DIANA SHIPPING INC. common stock on September 17, 2026.
How many DIANA SHIPPING INC. (DSX) warrants were exercised and at what price?
Mrs. Maria Margaroni, through Coronis Investments Inc., exercised 122,471 warrants at an exercise price of $1.69527 per warrant, resulting in the issuance of common stock reported on behalf of director Anastasios Margaronis.
What are the indirect common stock holdings reported for the DSX director after this Form 4?
After the transaction, the filing reports 1,181,452 shares of DIANA SHIPPING INC. common stock held indirectly through Mrs. Maria Margaroni and Coronis Investments Inc., subject to a disclaimer of beneficial ownership beyond any pecuniary interest.
Does the DSX Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and the footnotes do not state that the transactions were made pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
