QVT Financial LP sells 76K Okeanis Eco (NYSE: ECO) shares
Rhea-AI Filing Summary
QVT Financial LP, reported as a Director by Deputization of Okeanis Eco Tankers Corp. (ECO), disclosed two indirect open-market sales of Common Shares held by QVT Family Office Fund LP. On 2026-08-14 it sold 68,420 shares at $59.99 per share and on 2026-08-13 it sold 8,539 shares at $65.04 per share, totaling 76,959 shares. Footnotes state QVT may be deemed to beneficially own 1,347,038 Common Shares through this fund and expressly disclaims beneficial ownership except to the extent of its pecuniary interest.
Positive
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Negative
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Insights
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Insider Trade Summary
Net Seller: 76,959 shares
Net Sell
2 txns
Insider
QVT Financial LP
Role
Insider
Sold
76,959 shs ($4.66M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F1, F2 | 68,420 | $59.99 | $4.10M |
| Sale | Common Shares F1, F2 | 8,539 | $65.04 | $555K |
Holdings After Transaction:
Common Shares — 1,347,038 shares (Indirect, Held by QVT Family Office Fund LP)
Footnotes (2)
- F1. QVT Financial LP ("QVT"), a Delaware limited partnership, may be deemed to be the beneficial owner of 1,347,038 Common Shares, consisting of the Common Shares owned by QVT Family Office Fund LP. QVT Financial GP LLC, a Delaware limited liability company, is the general partner of QVT and may be deemed to beneficially own the same number of Common Shares reported by QVT.
- F2. The filing of this statement shall not be deemed an admission that QVT is the beneficial owner of the Common Shares reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. QVT expressly disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
Key Figures
Shares sold 2026-08-14: 68,420 shares
Price 2026-08-14: $59.99 per share
Shares sold 2026-08-13: 8,539 shares
+3 more
6 metrics
Shares sold 2026-08-14
68,420 shares
Indirect sale of Common Shares at $59.99 per share
Price 2026-08-14
$59.99 per share
Sale price for 68,420 Common Shares
Shares sold 2026-08-13
8,539 shares
Indirect sale of Common Shares at $65.04 per share
Price 2026-08-13
$65.04 per share
Sale price for 8,539 Common Shares
Total shares sold
76,959 shares
Net-sell volume across both reported transactions
Beneficially owned shares (may be deemed)
1,347,038 shares
Common Shares of ECO associated with QVT through QVT Family Office Fund LP
Key Terms
Director by Deputization, beneficial owner, pecuniary interest
3 terms
Director by Deputization regulatory
"other: "Director by Deputization""
beneficial owner financial
"may be deemed to be the beneficial owner of 1,347,038 Common Shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest"
FAQ
What insider transactions did QVT Financial LP report for ECO on this Form 4?
QVT Financial LP reported two indirect sales of Common Shares of Okeanis Eco Tankers Corp. (ECO) totaling 76,959 shares, executed on 2026-08-13 and 2026-08-14 through QVT Family Office Fund LP.
Are QVT Financial LP’s ECO holdings direct or indirect in this Form 4?
The reported ECO holdings and sales are indirect, described as "Held by QVT Family Office Fund LP." QVT Financial LP is associated with these shares through this fund rather than holding them directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.