[Form 3] EUROSEAS LTD. Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
EUROSEAS LTD. chief executive officer Aristeidis J. Pittas filed an initial statement of beneficial ownership of common stock. The Form 3 lists his existing equity stake rather than any new purchase or sale.
He reports 83,537 shares held directly, including 16,500 unvested incentive stock awards. Of these awards, 5,500 shares are scheduled to vest on July 1, 2026, another 5,500 on November 13, 2026, and 5,500 on July 1, 2027.
In addition, 51,408 shares are held of record by Friends Investment Company Inc. and 1,222,358 shares are held of record by Containers Shareholders Trinity Ltd., reflecting his ownership interests in those entities. Pittas disclaims beneficial ownership of these indirectly held shares except to the extent of his pecuniary interest in them.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common stock | -- | -- | -- |
| holding | Common stock | -- | -- | -- |
| holding | Common stock | -- | -- | -- |
Footnotes (1)
- Includes 16,500 shares of unvested incentive stock awards, of which 5,500 will vest on July 1, 2026, 5,500 shares will vest onNovember 13, 2026 and 5,500 shares will vest on July 1, 2027. Includes 51,408 shares of common stock held of record by Friends Investment Company Inc. by virtue of ownership interest in the above entities. The reporting person disclaims beneficial ownership in this Form 3, except to the extent of his pecuniaryinterest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of allthe reported shares for purposes of Section 16 or for other purposes. Includes 1,222,358 shares of common stock held of record by Containers Shareholders Trinity Ltd. by virtue of ownership interest in the above entities. The reporting person disclaims beneficial ownership in this Form 3, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for other purposes.