Okeanis Eco Tankers (NYSE: ECO) fund sells 76K shares without 10b5-1 plan
Rhea-AI Filing Summary
Okeanis Eco Tankers Corp. insider Daniel Allen Gold, a director, reported indirect sales of Common Shares associated with QVT Family Office Fund LP. The fund sold 68,420 shares at $59.99 on August 14, 2026 and 8,539 shares at $65.04 on August 13, 2026, totaling 76,959 shares sold. A footnote states Gold disclaims beneficial ownership of these securities except to the extent of his pecuniary interest. Post-transaction share holdings are not reported in this filing.
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Insights
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Insider Trade Summary
Net Seller: 76,959 shares
Net Sell
2 txns
Insider
Gold Daniel Allen
Role
Director
Sold
76,959 shs ($4.66M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F1 | 68,420 | $59.99 | $4.10M |
| Sale | Common Shares F1 | 8,539 | $65.04 | $555K |
Holdings After Transaction:
Common Shares — 1,347,038 shares (Indirect, Held by QVT Family Office Fund LP)
Footnotes (1)
- F1. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these Common Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Common Shares for purposes of Section 16 or for any other purpose.
Key Figures
Shares sold (total): 76,959 shares
Shares sold 2026-08-14: 68,420 shares
Price per share 2026-08-14: $59.99 per share
+3 more
6 metrics
Shares sold (total)
76,959 shares
Net shares sold across all reported transactions in this Form 4
Shares sold 2026-08-14
68,420 shares
Common Shares sold indirectly by QVT Family Office Fund LP on August 14, 2026
Price per share 2026-08-14
$59.99 per share
Per-share price for the 68,420 Common Shares sold on August 14, 2026
Shares sold 2026-08-13
8,539 shares
Common Shares sold indirectly by QVT Family Office Fund LP on August 13, 2026
Price per share 2026-08-13
$65.04 per share
Per-share price for the 8,539 Common Shares sold on August 13, 2026
Net buy/sell direction
net-sell 76,959 shares
Transaction summary reports net-sell activity for the period covered
Key Terms
beneficial ownership, pecuniary interest, Section 16, indirect ownership
4 terms
beneficial ownership regulatory
"The reporting person disclaims beneficial ownership of these securities except to the extent"
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 of these securities except to the extent of his pecuniary interest"
Section 16 regulatory
"for purposes of Section 16 or for any other purpose"
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
"direct_or_indirect": "I","nature_of_ownership": "Held by QVT Family Office Fund LP""
FAQ
What insider transactions did ECO director Daniel Allen Gold report in this Form 4?
Daniel Allen Gold reported indirect sales of 76,959 ECO Common Shares through QVT Family Office Fund LP on August 13–14, 2026, with reported per-share prices of $59.99 and $65.04, respectively.
Does the Form 4 indicate use of a Rule 10b5-1 trading plan for the ECO sales?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for these ECO share sales, meaning the transactions are not reported as made under a Rule 10b5-1 trading plan based on the form’s plan-status indicator.
AI-generated analysis. How Rhea-AI works. Not financial advice.