StealthGas (GASS) director Markos Drakos details stock and option holdings

Rhea-AI Filing Summary

StealthGas Inc. director Markos Drakos has filed an initial Form 3 showing his equity holdings in the company. The filing reports direct ownership of 59,714 shares of common stock. It also lists stock options over 5,000 shares at an exercise price of $7.89, 2,000 shares at $6.81, and 5,000 shares at $6.01.

According to the vesting terms, the $7.89 option over 5,000 shares vests in two equal installments on January 15, 2027 and January 15, 2028, contingent on continued service. The $6.81 option is fully vested. For the $6.01 option, half is already vested and the remaining half becomes exercisable on April 23, 2026, also subject to continued service.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider DRAKOS MARKOS

Role Director

Type	Security	Shares	Price	Value
holding	Stock Option (Right to Buy)	--	--	--
holding	Stock Option (Right to Buy)	--	--	--
holding	Stock Option (Right to Buy)	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Option (Right to Buy) — 5,000 shares (Direct); Common Stock — 59,714 shares (Direct)

Footnotes (1)

1. 50% of the shares subject to such option vest and become exercisable on January 15, 2027. The remaining 50% of the shares subject to such option vest and become exercisable on January 15, 2028, subject to the Reporting Person's continuous service to the Issuer on such date. Fully vested. 50% of the shares subject to such option are vested and exercisable. The remaining 50% of the shares subject to such option vest and become exercisable on April 23, 2026, subject to the Reporting Person's continuous service to the Issuer on such date.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

DRAKOS MARKOS

(Last) (First) (Middle)

STEALTHGAS INC.

331 KIFISSIAS AVENUE ERITHREA

(Street)

ATHENS GREECE 14561

(City) (State) (Zip)

GREECE

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
StealthGas Inc. [ GASS ]

3a. Foreign Trading Symbol

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	59,714	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	(1)	01/15/2036	Common Stock	5,000	$7.89	D
Stock Option (Right to Buy)	(2)	12/08/2033	Common Stock	2,000	$6.81	D
Stock Option (Right to Buy)	(3)	04/23/2034	Common Stock	5,000	$6.01	D

Explanation of Responses:

1. 50% of the shares subject to such option vest and become exercisable on January 15, 2027. The remaining 50% of the shares subject to such option vest and become exercisable on January 15, 2028, subject to the Reporting Person's continuous service to the Issuer on such date.

2. Fully vested.

3. 50% of the shares subject to such option are vested and exercisable. The remaining 50% of the shares subject to such option vest and become exercisable on April 23, 2026, subject to the Reporting Person's continuous service to the Issuer on such date.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Nina Pyndiah, Attorney-in-Fact	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What does Markos Drakos report in his Form 3 for StealthGas (GASS)?

Markos Drakos reports his initial beneficial ownership in StealthGas on Form 3. He directly holds 59,714 common shares plus several stock option grants with specified exercise prices and vesting schedules tied to his continued service as a director.

How many StealthGas (GASS) common shares does Markos Drakos directly own?

The Form 3 shows Drakos directly owning 59,714 shares of StealthGas common stock. This figure represents his reported direct equity stake, separate from any stock options, as of the filing’s ownership snapshot date in the document.

What stock options does Markos Drakos hold in StealthGas (GASS)?

Drakos holds stock options linked to StealthGas common stock at exercise prices of $7.89, $6.81, and $6.01 per share. These options cover 5,000, 2,000, and 5,000 underlying shares respectively, each with its own vesting schedule and expiration date.

How do the vesting terms work for Drakos’s $7.89 StealthGas stock option?

For the $7.89 option over 5,000 shares, 50% vests on January 15, 2027 and the remaining 50% on January 15, 2028. Both vesting dates require that Drakos maintain continuous service with StealthGas through the respective vesting dates.

Is any of Markos Drakos’s StealthGas (GASS) option grant already fully vested?

Yes. One of Drakos’s options, with a $6.81 exercise price, is described as fully vested. This means all shares under that particular grant are currently exercisable, subject to the stated terms and the option’s December 8, 2033 expiration date.

What is the vesting schedule for Drakos’s $6.01 StealthGas stock option?

The $6.01 option over 5,000 shares is half vested and exercisable now. The remaining 50% is scheduled to vest and become exercisable on April 23, 2026, provided Drakos continues to serve the company through that date.