EuroDry director sells 600 shares at $39.50

EuroDry Ltd. (EDRY) director Aristeidis P. Pittas reported two indirect open-market sales of EuroDry common stock on 2026-08-18.

Rhea-AI Filing Summary

EuroDry Ltd. (EDRY) director Aristeidis P. Pittas reported two indirect open-market sales of EuroDry common stock on 2026-08-18. A total of 600 shares were sold by Family United Navigation Co. at $39.50 per share, in two separate blocks of 300 shares each. The reporting person notes a 25% ownership interest and effective control over voting and disposition for one 300-share sale, while the reporting person’s spouse is described as holding a 25% interest and effective control for the other 300-share sale, and beneficial ownership is disclaimed except to the extent of any pecuniary interest.

Insider Trade Summary

Net Seller: 600 shares

Net Sell 2 txns

Insider Pittas Aristeidis P

Role Director

Sold 600 shs ($24K)

Type	Security	Shares	Price	Value
Sale	Common stock F1	300	$39.50	$12K
Sale	Common stock F2	300	$39.50	$12K

Holdings After Transaction: Common stock — 76,163 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

Total shares sold: 600 shares First sale size: 300 shares Second sale size: 300 shares +3 more

6 metrics

Total shares sold 600 shares Aggregate indirect sales of EuroDry common stock reported for 2026-08-18

First sale size 300 shares One non-derivative indirect sale of EuroDry common stock on 2026-08-18

Second sale size 300 shares Second non-derivative indirect sale of EuroDry common stock on 2026-08-18

Sale price $39.50 per share Per-share price for both reported indirect sales of EuroDry common stock

Reporting person interest in entity 25% Ownership interest in Family United Navigation Co. held by the reporting person

Spouse interest in entity 25% Ownership interest in Family United Navigation Co. held by the reporting person’s spouse

Key Terms

beneficial ownership, pecuniary interest, indirect ownership, Section 16

4 terms

beneficial ownership financial

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

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

"The sales were reported as indirect ownership through Family United Navigation Co."

Section 16 regulatory

"for purposes of Section 16 or for any other purpose"

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.

FAQ

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

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

EuroDry director Aristeidis P. Pittas reported two indirect sales totaling 600 shares of common stock on 2026-08-18, executed at $39.50 per share through Family United Navigation Co.

At what price were the EuroDry (EDRY) shares sold in the reported Form 4 transaction?

The reported EuroDry common shares were sold at $39.50 per share. The filing lists two separate sales of 300 shares each, both executed at this same per-share price on 2026-08-18.

How many EuroDry (EDRY) shares did the insider indirectly sell according to this Form 4?

The Form 4 reports total indirect sales of 600 EuroDry common shares. These consist of two transactions of 300 shares each executed by Family United Navigation Co. on 2026-08-18.

Who executed the EuroDry (EDRY) share sales disclosed in this Form 4?

The sales were executed by Family United Navigation Co., an entity associated with director Aristeidis P. Pittas. The filing describes the trades as indirect ownership transactions rather than direct personal sales.

What ownership interest does the reporting person have in the entity selling EuroDry (EDRY) shares?

The filing states the reporting person holds a 25% interest in Family United Navigation Co. and has effective control over voting and disposition of certain shares, while also disclaiming beneficial ownership except for any pecuniary interest.

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

The Form 4 indicates the Rule 10b5-1 checkbox as not affirmed. There is no footnote stating that the reported 600-share indirect sales were executed pursuant to a pre-arranged Rule 10b5-1 trading plan.

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

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Accepted by SEC EDGAR 08/19/2026 - 07:47 AM 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)
08/18/2026

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	08/18/2026		S		300(1)	D	$39.5	76,163	I	Family United Navigation Co.
Common stock	08/18/2026		S		300(2)	D	$39.5	76,163	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	08/19/2026
	** 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)