EuroDry director reports indirect sale of 500 shares

EuroDry Ltd. director Pittas Aristeidis P reported two indirect open-market sales of common stock on 2026-08-10.

Rhea-AI Filing Summary

EuroDry Ltd. director Pittas Aristeidis P reported two indirect open-market sales of common stock on 2026-08-10. An entity associated with him, Family United Navigation Co., sold 500 shares in total at $37.803 per share. The reporting person disclaims beneficial ownership beyond his pecuniary interest in that entity.

Insider Trade Summary

Net Seller: 500 shares

Net Sell 2 txns

Insider Pittas Aristeidis P

Role Director

Sold 500 shs ($19K)

Type	Security	Shares	Price	Value
Sale	Common stock F1	250	$37.803	$9K
Sale	Common stock F2	250	$37.803	$9K

Holdings After Transaction: Common stock — 76,463 shares (Indirect, Family United Navigation Co.)

Footnotes (2)

1. F1. 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.
2. F2. 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 (transaction 1): 250 shares Shares sold (transaction 2): 250 shares Total shares sold: 500 shares +3 more

6 metrics

Shares sold (transaction 1) 250 shares Indirect sale of common stock on 2026-08-10 linked to footnote F1

Shares sold (transaction 2) 250 shares Indirect sale of common stock on 2026-08-10 linked to footnote F2

Total shares sold 500 shares Sum of two indirect open-market or private sales reported in the filing

Sale price per share $37.803 Reported transaction price per share for both sales on 2026-08-10

Ownership interest in entity 25% Reporting person’s interest in Family United Navigation Co. referenced in footnote F1

Spouse ownership interest 25% Spouse’s interest in Family United Navigation Co. referenced in footnote F2

Key Terms

beneficial ownership, pecuniary interest, indirect ownership, Section 16, +1 more

5 terms

beneficial ownership financial

"The Reporting Person disclaims beneficial ownership of the securities held by Family United Navigation Co."

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

"except to the extent of such reporting person's respective pecuniary interest therein"

indirect ownership financial

"All reported sales involved indirect ownership through Family United Navigation Co."

Section 16 regulatory

"not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16"

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.

open market or private transaction financial

"Sale in open market or private transaction"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did EuroDry Ltd. (EDRY) report on this Form 4?

EuroDry Ltd. director Pittas Aristeidis P reported two indirect open-market sales of common stock on 2026-08-10, totaling 500 shares executed through Family United Navigation Co., an entity associated with him and his spouse.

How many EuroDry (EDRY) shares were sold and at what price?

The filing shows total indirect sales of 500 shares, split into two lots of 250 shares each, at a reported price of $37.803 per share, categorized as sales in open market or private transactions.

Were the EuroDry (EDRY) share sales by Pittas direct or indirect holdings?

All reported sales involved indirect ownership. The shares were held by Family United Navigation Co., with the reporting person and his spouse each owning a 25% interest and having effective control over voting and disposition for their respective portions.

Does the EuroDry (EDRY) director claim full beneficial ownership of the sold shares?

No. The director disclaims beneficial ownership of securities held by Family United Navigation Co. except to the extent of his pecuniary interest, and notes that including these shares should not be considered an admission of beneficial ownership for Section 16 or other purposes.

Were these EuroDry (EDRY) insider sales under a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnotes do not reference Rule 10b5-1. The transactions are reported simply as open-market or private sales by an affiliated entity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/12/2026 - 02:04 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pittas Aristeidis P

(Last) (First) (Middle)

4 MESSOGEIOU & EVROPIS STREET

(Street)

MAROUSSI 151 24

(City) (State) (Zip)

GREECE

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock	08/10/2026		S		250(1)	D	$37.803	76,463	I	Family United Navigation Co.
Common stock	08/10/2026		S		250(2)	D	$37.803	76,463	I	Family United Navigation Co.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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.

	Aristides P. Pittas	08/10/2026
	** 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 4 (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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)