STOCK TITAN

StealthGas (NASDAQ: GASS) director exercises stock options to acquire 15,000 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

StealthGas Inc. director Michael Jolliffe reported exercising stock options to acquire a total of 15,000 shares of Common Stock on 2026-06-18. He exercised options for 10,000 shares at $6.01 per share and 5,000 shares at $6.43 per share, and these options were fully vested. Following these transactions, his reported direct ownership is 67,000 Common Stock shares.

Positive

  • None.

Negative

  • None.
Insider Jolliffe Michael
Role null
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) 5,000 $0.00 --
Exercise Stock Option (Right to Buy) 10,000 $0.00 --
Exercise Common Stock 5,000 $6.43 $32K
Exercise Common Stock 10,000 $6.01 $60K
Holdings After Transaction: Stock Option (Right to Buy) — 0 shares (Direct, null); Common Stock — 57,000 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Options exercised (total shares) 15,000 shares Stock option exercises on 2026-06-18
Shares exercised at $6.01 10,000 shares at $6.01/share Common Stock acquired via option exercise
Shares exercised at $6.43 5,000 shares at $6.43/share Common Stock acquired via option exercise
Post-transaction holdings 67,000 shares Direct Common Stock ownership after transactions
Option exercise price 1 $6.01/share Conversion price for 10,000-option grant
Option exercise price 2 $6.43/share Conversion price for 5,000-option grant
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
fully vested financial
"footnote: Fully vested."
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Jolliffe Michael

(Last)(First)(Middle)
STEALTHGAS INC.
331 KIFISSIAS AVENUE ERITHREA

(Street)
ATHENSGREECE14561

(City)(State)(Zip)

GREECE

(Country)
2. Issuer Name and Ticker or Trading Symbol
StealthGas Inc. [ GASS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/18/2026M5,000A$6.4357,000D
Common Stock06/18/2026M10,000A$6.0167,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$6.4306/18/2026M5,000 (1)12/08/2033Common Stock5,000$00D
Stock Option (Right to Buy)$6.0106/18/2026M10,000 (1)04/23/2034Common Stock10,000$00D
Explanation of Responses:
1. Fully vested.
/s/ Nina Pyndiah, Attorney-in-Fact06/23/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did StealthGas (GASS) director Michael Jolliffe report?

Michael Jolliffe reported exercising stock options to acquire 15,000 StealthGas common shares. He converted existing option awards into shares, increasing his direct equity stake rather than conducting any open-market purchases or sales.

At what prices did Michael Jolliffe exercise his StealthGas (GASS) stock options?

He exercised options for 10,000 shares at $6.01 per share and 5,000 shares at $6.43 per share. These figures reflect the option exercise prices, not current market prices, and represent the cost per share under his option agreements.

How many StealthGas (GASS) shares does Michael Jolliffe hold after this Form 4?

After the reported option exercises, Michael Jolliffe’s direct ownership is 67,000 shares of StealthGas common stock. This figure reflects his position immediately following the transactions disclosed in the Form 4 filing.

Were Michael Jolliffe’s StealthGas (GASS) options fully vested before exercise?

Yes. A footnote states the options were fully vested when exercised. Full vesting means he had already earned the right to exercise these options under the terms of his compensation arrangements with the company.

Did the StealthGas (GASS) Form 4 show any share sales or only exercises?

The Form 4 shows only derivative exercises converting stock options into common shares. There are no reported open-market sales, gifts, or tax-withholding dispositions in this filing, indicating the transactions simply increased his direct share ownership.