EuroDry (EDRY) director logs 500-share open-market sale via family entity
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
EuroDry Ltd. director Aristeidis P. Pittas reported indirect open-market sales totaling 500 shares of common stock on July 14, 2026 at $23.45 per share. The trades were made by Family United Navigation Co., which held 77,417 shares afterward; Pittas disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 500 shares ($11,725)
Net Sell
2 txns
Insider
Pittas Aristeidis P
Role
Director
Sold
500 shs ($12K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 250 | $23.45 | $6K |
| Sale | Common stock | 250 | $23.45 | $6K |
Holdings After Transaction:
Common stock — 77,417 shares (Indirect, Family United Navigation Co.)
Footnotes (1)
- The Reporting Person owns a 25% interest and has effective control over voting and disposition of the shares owned by Family United Navigation Co. The Reporting Person disclaims beneficial ownership of the securities held by Family United Navigation Co. except to the extent of such reporting person's respective pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose. The Reporting person's spouse owns 25% interest and has effective control over voting and disposition of the shares owned by Family United Navigation Co. The Reporting Person disclaims beneficial ownership of the securities held by Family United Navigation Co. except to the extent of such reporting person's respective pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
Key Figures
Shares sold: 500 shares
Sale price: $23.45 per share
Shares held after sale: 77,417 shares
+1 more
4 metrics
Shares sold
500 shares
Total EuroDry common shares sold in open-market transactions on July 14, 2026
Sale price
$23.45 per share
Execution price for the reported EuroDry common stock sales
Shares held after sale
77,417 shares
Indirect holdings of Family United Navigation Co. following the transactions
Reported sale transactions
2 transactions
Number of open-market sale entries disclosed for July 14, 2026
Key Terms
open-market sale, indirect ownership, pecuniary interest, beneficial ownership
4 terms
open-market sale financial
"transaction_action: "open-market sale" for EuroDry common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type is "indirect" through Family United Navigation Co."
pecuniary interest financial
"disclaims beneficial ownership except to the extent of such reporting person's respective pecuniary interest"
beneficial ownership financial
"shall not be deemed an admission of beneficial ownership of the reported shares"
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.
FAQ
What insider transaction did EuroDry (EDRY) report in this Form 4/A?
EuroDry (EDRY) disclosed that director Aristeidis P. Pittas reported indirect open-market sales of 500 common shares on July 14, 2026 at $23.45 per share. The transactions involved shares held through Family United Navigation Co., an entity associated with Pittas and his spouse.
Is the EuroDry (EDRY) director’s ownership direct or indirect in this transaction?
The EuroDry (EDRY) director’s reported position is indirect ownership through Family United Navigation Co. The filing states he owns a 25% interest in that entity and disclaims beneficial ownership of its shares except to the extent of his pecuniary interest.