Diana Shipping: Paliou reports 20.35% indirect stake

The reported percentages reflect an increase in Diana Shipping's outstanding share count, which was 136,869,100 on October 16, 2026.

Rhea-AI Filing Summary

Diana Shipping Inc. (DSX) reports an amendment to beneficial ownership: Semiramis Paliou may be deemed to indirectly beneficially own 27,858,240 common shares, or 20.35%, through Tuscany Shipping Corp. and 4 Sweet Dreams S.A. Tuscany may be deemed to beneficially own 18,210,394 shares (13.30%); 4 Sweet Dreams may be deemed to beneficially own 9,647,846 shares (7.05%).

The reported ownership-percentage change reflects an increase in Diana Shipping's total outstanding shares; the company had 136,869,100 shares outstanding as of October 16, 2026. The amendment also reports that on September 11, 2026, the reporting persons exercised 3,527,501 warrants, resulting in the issuance of 5,980,066 common shares.

Key Figures

Shares beneficially owned by Semiramis Paliou: 27,858,240 shares Shares beneficially owned by Tuscany Shipping Corp.: 18,210,394 shares Shares beneficially owned by 4 Sweet Dreams S.A.: 9,647,846 shares +3 more

6 metrics

Shares beneficially owned by Semiramis Paliou 27,858,240 shares 20.35% of Diana Shipping's issued and outstanding shares

Shares beneficially owned by Tuscany Shipping Corp. 18,210,394 shares 13.30% of Diana Shipping's issued and outstanding shares

Shares beneficially owned by 4 Sweet Dreams S.A. 9,647,846 shares 7.05% of Diana Shipping's issued and outstanding shares

Shares outstanding 136,869,100 shares As of October 16, 2026

Warrants exercised 3,527,501 warrants September 11, 2026

Common shares issued 5,980,066 shares Result of the September 11, 2026 warrant exercise

Key Terms

beneficially own, shared power to vote or direct the vote, Warrants

3 terms

beneficially own financial

"may be deemed to beneficially own 18,210,394 Shares"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

shared power to vote or direct the vote financial

"shared power to vote or direct the vote of 18,210,394 Shares"

Warrants financial

"exercised 3,527,501 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.

FAQ

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

How many DSX shares may Semiramis Paliou be deemed to beneficially own?

Semiramis Paliou may be deemed to indirectly beneficially own 27,858,240 shares, or 20.35%. The reported ownership is through Tuscany Shipping Corp. and 4 Sweet Dreams S.A.; the entities may be deemed to beneficially own 18,210,394 shares and 9,647,846 shares, respectively.

How many DSX shares were issued in the September 2026 warrant exercise?

The September 11, 2026 exercise of 3,527,501 warrants resulted in the issuance of 5,980,066 common shares. The exercise was reported by the reporting persons.

What voting power did Semiramis Paliou report for DSX shares?

Semiramis Paliou reported shared voting power over 27,858,240 shares and sole voting power over 0 shares. Tuscany Shipping Corp. reported shared voting power over 18,210,394 shares, and 4 Sweet Dreams S.A. reported shared voting power over 9,647,846 shares.

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

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Available on EDGAR 10/16/2026 - 04:22 PM EDT Accepted by SEC EDGAR 10/16/2026 - 04:21 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 6)

DIANA SHIPPING INC.

(Name of Issuer)

Common Stock, $0.01 par value per share

(Title of Class of Securities)

Y2066G104

(CUSIP Number)

Ms. Maria Dede
Pendelis 16, Palaio Faliro,
Athens, J3, 175 64
30-210-9470-100

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

10/12/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): Y2066G104

1

Name of reporting person

Paliou Semiramis

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

GREECE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 27,858,240.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 27,858,240.00

11

Aggregate amount beneficially owned by each reporting person

27,858,240.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

20.35 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

CUSIP Number(s): Y2066G104

1

Name of reporting person

Tuscany Shipping Corp.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

MARSHALL ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 18,210,394.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 18,210,394.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.30 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): Y2066G104

1

Name of reporting person

4 Sweet Dreams S.A.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

MARSHALL ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 9,647,846.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 9,647,846.00

11

Aggregate amount beneficially owned by each reporting person

9,647,846.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

7.05 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, $0.01 par value per share
(b)	Name of Issuer: DIANA SHIPPING INC.
(c)	Address of Issuer's Principal Executive Offices: Pendelis 16, Palaio Faliro, Athens, GREECE , 175 64.
Item 1 Comment: This Amendment No. 6 to Schedule 13D (the "Schedule 13D") relates to shares of common stock, par value $0.01 per share (the "Shares"), of Diana Shipping Inc. (the "Issuer"). This Amendment No. 6 to the Schedule 13D is being filed to report a change in the Reporting Persons ownership percentage in the Issuer due to an increase in the Issuer's total outstanding Shares. Except as expressly provided herein, this Amendment does not modify the information previously reported on the Reporting Persons' Schedule 13D. Item 5(a)-(e) of the Schedule 13D is hereby amended and restated as follows.
Item 5.	Interest in Securities of the Issuer
(a)	As of October 16, 2026, the Issuer had 136,869,100 Shares outstanding. The following persons report beneficial ownership of the following Shares.
(b)	Tuscany may be deemed to beneficially own 18,210,394 Shares, representing 13.30% of the Issuer's issued and outstanding Shares, which Paliou indirectly may be deemed to beneficially own, as the result of her ability to control the vote and disposition of such entity. 4 Sweet Dreams S.A. ("4 Sweet Dreams") may be deemed to beneficially own 9,647,846 Shares representing 7.05% of the Issuer's issued and outstanding Shares, which Paliou indirectly may be deemed to beneficially own, as the result of her ability to control the vote and disposition of such entity. Therefore, Paliou may be deemed to, indirectly, beneficially own 27,858,240 Shares, representing 20.35% of the Issuer's issued and outstanding shares. Tuscany has the sole power to vote or direct the vote of 0 shares and has the shared power to vote or direct the vote of 18,210,394 Shares. 4 Sweet Dreams has the sole power to vote or direct the vote of 0 Shares and has the shared power to vote or direct the vote of 9,647,846 Shares. Therefore, Paliou has the sole power to vote or direct the vote of 0 Shares and has the shared power to vote or direct the vote of 27,858,240 Shares.
(c)	Except as otherwise disclosed herein, no transactions in the Shares were effected by the Reporting Persons during the past 60 days. On September 11, 2026, the Reporting Persons exercised 3,527,501 Warrants, resulting in the issuance of 5,980,066 shares of Common Stock.
(d)	No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any of the Shares beneficially owned by the Reporting Persons.
(e)	Not applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Paliou Semiramis

Signature:	/s/ Semiramis Paliou
Name/Title:	Semiramis Paliou, Authorized Representative
Date:	10/16/2026

Tuscany Shipping Corp.

Signature:	/s/ Semiramis Paliou
Name/Title:	Semiramis Paliou, Authorized Representative
Date:	10/16/2026

4 Sweet Dreams S.A.

Signature:	/s/ Semiramis Paliou
Name/Title:	Semiramis Paliou
Date:	10/16/2026