EuroDry (EDRY) director discloses 7,400-share common stock stake

Rhea-AI Filing Summary

EuroDry Ltd. director Apostolos Tamvakakis reported initial beneficial ownership of 7,400 shares of common stock. This stake includes 2,100 unvested incentive stock awards, with 700 shares scheduled to vest on July 1, 2026, 700 shares on November 13, 2026, and 700 shares on July 1, 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^*

Tamvakakis Apostolos

(Last) (First) (Middle)

4 MESSOGEIOU & EVROPIS STREET

(Street)

MAROUSSI 151 24

(City) (State) (Zip)

GREECE

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

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

3a. Foreign Trading Symbol

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

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

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

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(1)	7,400	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. Includes 2,100 of unvested incentive stock awards, of which 700 will vest on July 1, 2026, 700 shares will vest on November 13, 2026 and 700 shares will vest on July 1, 2027.

	Apostolos Tamvakakis	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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* Form 3: SEC 1473 (03-26)

FAQ

What did EuroDry (EDRY) director Apostolos Tamvakakis report in this filing?

He reported beneficial ownership of 7,400 EuroDry common shares. This initial disclosure includes both fully owned shares and unvested incentive stock awards, clarifying his equity stake as a company director at the reporting date.

How many EuroDry (EDRY) shares held by Tamvakakis are unvested awards?

The holding includes 2,100 unvested incentive stock awards. These awards represent shares granted but not yet fully owned, contingent on time-based vesting dates outlined in the disclosure schedule.

When will the unvested EuroDry (EDRY) incentive shares for Tamvakakis vest?

The 2,100 unvested incentive shares vest in three equal tranches of 700 shares each, scheduled for July 1, 2026, November 13, 2026, and July 1, 2027, subject to the applicable award terms.

Does this EuroDry (EDRY) filing show any recent share purchases or sales by Tamvakakis?

No specific purchases or sales are detailed; it is an initial ownership report. The filing focuses on the director’s total beneficial holdings and vesting schedule rather than documenting new trading activity.

What type of security does Tamvakakis hold in EuroDry (EDRY)?

He holds common stock of EuroDry Ltd., including both currently owned shares and unvested incentive stock awards. Common stock represents standard equity ownership with associated voting and economic rights, as defined by the company’s charter.