Director-linked entity buys EuroDry (EDRY) stock in open-market trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EuroDry Ltd. director-related entity buys shares on the open market. An entity associated with director Aristeidis P. Pittas, Family United Navigation Co., purchased a total of 500 shares of EuroDry common stock in two open-market transactions of 250 shares each at $22.00 per share on June 22, 2026. Following these indirect purchases, Family United Navigation Co. is reported as holding 77,667 shares of EuroDry common stock.
The filing notes that Pittas owns a 25% interest in Family United Navigation Co. and has effective control over voting and disposition of its shares, but disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500 shares ($11,000)
Net Buy
2 txns
Insider
Pittas Aristeidis P
Role
null
Bought
500 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common stock | 250 | $22.00 | $6K |
| Purchase | Common stock | 250 | $22.00 | $6K |
Holdings After Transaction:
Common stock — 77,667 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: 500 shares
Purchase price: $22.00 per share
Shares after transaction: 77,667 shares
+1 more
4 metrics
Shares purchased
500 shares
Two open-market buys of 250 shares each
Purchase price
$22.00 per share
Open-market common stock purchases on June 22, 2026
Shares after transaction
77,667 shares
Indirectly held by Family United Navigation Co.
Transaction count
2 purchases
Both coded as open-market (P) on June 22, 2026
Key Terms
open-market purchase, indirect ownership, beneficial ownership, pecuniary interest
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
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
""ownership_type": "indirect""
beneficial ownership regulatory
"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"
FAQ
What insider transaction did EuroDry (EDRY) report in this Form 4?
EuroDry reported that Family United Navigation Co., an entity associated with director Aristeidis P. Pittas, bought 500 shares of EuroDry common stock. The purchases occurred in two 250-share open-market trades at $22.00 per share on June 22, 2026.
How many open-market purchases are disclosed in the EuroDry (EDRY) Form 4?
The filing discloses two open-market purchases. Each transaction involved 250 shares of EuroDry common stock at $22.00 per share on June 22, 2026, for a combined total of 500 shares acquired indirectly through Family United Navigation Co.