EuroDry (EDRY) CFO updates Form 3 to add 11,250 unvested awards

Rhea-AI Filing Summary

EuroDry Ltd. director and Chief Financial Officer Aslidis Anastasios filed an amended Form 3 to update reported common stock holdings. The filing shows direct ownership of 49,150 common shares. A footnote adds 11,250 unvested incentive stock awards, which will vest in three equal installments on July 1, 2026, November 16, 2026 and November 16, 2027.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Aslidis Anastasios

(Last) (First) (Middle)

11 CANTERBURY LANE

(Street)

WATCHUNG NJ 07069

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
EuroDry Ltd. [ EDRY ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)
03/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common stock	49,150(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This amendment is filed to include 11,250 shares of unvested incentive stock awards of which 3,750 shares will vest on July 1, 2026, 3,750 shares will vest on November 16, 2026 and 3,750 shares will vest on November 16, 2027.

	Anastasios Aslidis	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What does EuroDry (EDRY) CFO Aslidis Anastasios report in this amended Form 3?

The amended Form 3 updates Aslidis Anastasios’s direct ownership to 49,150 common shares of EuroDry Ltd. It also discloses 11,250 unvested incentive stock awards, providing a clearer picture of equity-based compensation tied to future vesting dates.

How many unvested incentive stock awards does EuroDry (EDRY) CFO hold and when do they vest?

The CFO holds 11,250 unvested incentive stock awards. According to the filing, 3,750 shares vest on July 1, 2026, 3,750 on November 16, 2026, and 3,750 on November 16, 2027, reflecting a staggered multi-year vesting schedule.

Does this EuroDry (EDRY) Form 3/A show any new insider buying or selling?

The Form 3/A does not report any new insider purchases or sales. It is characterized as a holding entry, updating existing ownership details and disclosing unvested incentive stock awards rather than documenting open-market transactions or option exercises.

What total EuroDry (EDRY) common share holdings are reported for the CFO after this amendment?

The amendment states that Aslidis Anastasios directly holds 49,150 common shares of EuroDry Ltd. This figure describes the direct equity position following the reported update, separate from the additional unvested incentive stock awards disclosed in the accompanying footnote.

Why was this EuroDry (EDRY) Form 3/A amendment filed?

The amendment was filed to include 11,250 unvested incentive stock awards in the disclosure. The footnote explains that these awards vest in three tranches through 2026 and 2027, ensuring the ownership report reflects both current shares and time-based equity incentives.