What are the indirect EuroDry (EDRY) share holdings after the transactions?

After the reported purchases, the filing lists indirect positions of 77,211 and 99,232 EuroDry common shares held by Family United Navigation Co. These amounts reflect holdings attributed to the entity, not necessarily full beneficial ownership by the reporting person personally.

Entity tied to EuroDry (EDRY) vice chair adds 704 common shares

Filing Impact

(Neutral)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

EuroDry Ltd. reported insider activity involving an entity linked to its Vice Chairman, Aristeidis P. Pittas. Family United Navigation Co. completed two open-market purchases totaling 704 shares of common stock at $20.10 per share on April 8, 2026, held as indirect ownership.

Following these transactions, the filing records indirect positions of 77,211 and 99,232 common shares held through Family United Navigation Co. Pittas and his spouse each own a 25% interest in the entity and the filing states that Pittas disclaims beneficial ownership beyond his pecuniary interest.

Insider Trade Summary

Net Buyer: 704 shares ($14,150)

Net Buy 2 txns

Insider Pittas Aristeidis P

Role Vice Chairman

Bought 704 shs ($14K)

Type	Security	Shares	Price	Value
Purchase	Common stock	352	$20.10	$7K
Purchase	Common stock	352	$20.10	$7K

Holdings After Transaction: Common stock — 77,211 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 purchased: 704 shares Purchase price: $20.10 per share Indirect holding A: 77,211 shares +3 more

6 metrics

Shares purchased 704 shares Total common stock bought in two open-market trades on April 8, 2026

Purchase price $20.10 per share Price for EuroDry common stock in the reported open-market purchases

Indirect holding A 77,211 shares Indirect EuroDry common stock position reported after one transaction

Indirect holding B 99,232 shares Indirect EuroDry common stock position reported after the other transaction

Insider interest 25% Reporting person’s ownership interest in Family United Navigation Co.

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

Key Terms

open-market purchase, indirect ownership, beneficial ownership, pecuniary interest

4 terms

open-market purchase financial

"completed two open-market purchases totaling 704 shares of common stock"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

indirect ownership financial

"at $20.10 per share on April 8, 2026, held as indirect ownership"

beneficial ownership financial

"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"

Form 4 Insider Transactions: What Each Field Means →

04/09/2026 - 01:04 PM

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
X	Officer (give title below)	Other (specify below)
	Vice Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock	04/08/2026		P		352⁽¹⁾	D	$20.1	77,211	I	Family United Navigation Co.
Common stock	04/08/2026		P		352⁽²⁾	D	$20.1	99,232	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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	04/09/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did EuroDry (EDRY) disclose in this Form 4?

EuroDry disclosed that Family United Navigation Co., an entity linked to its vice chairman, bought 704 EuroDry common shares in open-market transactions at $20.10 per share. The purchases were reported as indirect ownership on behalf of the insider-related entity.

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

The filing shows two open-market purchases totaling 704 EuroDry common shares at a price of $20.10 per share. These transactions were reported as indirect holdings through Family United Navigation Co., rather than direct personal purchases by the executive.

Who is associated with the EuroDry (EDRY) insider purchases reported?

The transactions are associated with Vice Chairman Aristeidis P. Pittas through Family United Navigation Co. Pittas and his spouse each own a 25% interest in that entity, which holds the EuroDry shares as indirect ownership tied to the reporting person.

Does the EuroDry (EDRY) executive claim full beneficial ownership of these shares?

No. The filing states that Aristeidis P. Pittas disclaims beneficial ownership of shares held by Family United Navigation Co., except for his pecuniary interest. This means the shares are attributed to the entity, with limited economic interest recognized for the reporting person.

Were any derivative securities or options included in this EuroDry (EDRY) Form 4?

No derivative securities are listed in the provided summary. The Form 4 transactions involve only EuroDry common stock, with no remaining derivative positions shown in the derivative section of the filing excerpt.