Globus Maritime (GLBS) director-linked firm acquires 375,145 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Globus Maritime Ltd director-related entity buys additional shares. An entity associated with director Georgios Feidakis, Firment Shipping Inc., made an open-market purchase of 375,145 common shares of Globus Maritime at a weighted average price of $2.1374 per share. Following these purchases, the indirect holdings reported for this entity increased to 6,357,467 common shares. The trades were executed in multiple transactions at prices ranging from $1.96 to $2.30 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 375,145 shares ($801,835)
Net Buy
1 txn
Insider
Feidakis Georgios
Role
Director
Bought
375,145 shs ($802K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares, par value $0.004 per share | 375,145 | $2.1374 | $802K |
Holdings After Transaction:
Common Shares, par value $0.004 per share — 6,357,467 shares (Indirect, Held by Firment Shipping Inc.)
Footnotes (1)
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Key Figures
Shares purchased: 375,145 shares
Weighted average price: $2.1374 per share
Price range: $1.96–$2.30 per share
+1 more
4 metrics
Shares purchased
375,145 shares
Open-market purchase on 2026-03-31
Weighted average price
$2.1374 per share
Average across multiple trades
Price range
$1.96–$2.30 per share
Range of individual trade prices
Indirect holdings after trade
6,357,467 shares
Total common shares indirectly held post-transaction
Key Terms
open-market purchase, weighted average price, indirect ownership, transaction code "P"
4 terms
open-market purchase financial
"This transaction represents purchases executed in multiple open market purchases."
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.
weighted average price financial
"The reported price is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "Held by Firment Shipping Inc.""
transaction code "P" regulatory
"transaction_code: "P", transaction_code_description: "Purchase in open market or private transaction""
FAQ
What did the Form 4 for Globus Maritime (GLBS) disclose?
The Form 4 reports that an entity associated with director Georgios Feidakis, Firment Shipping Inc., bought 375,145 Globus Maritime common shares. These were open-market purchases at a weighted average price of $2.1374 per share across multiple trades.
What is the total Globus Maritime (GLBS) position after this insider purchase?
After the reported transactions, the filing shows 6,357,467 Globus Maritime common shares held indirectly. This figure represents the total number of common shares reported as indirectly owned following the 375,145-share open-market purchase by Firment Shipping Inc.
Was the Globus Maritime (GLBS) insider trade a buy or a sell?
The Form 4 classifies the transaction as an open-market purchase, coded “P,” indicating a buy. The transaction summary shows a net-buy direction, with 375,145 shares purchased and no reported sales or derivative exercises in this filing.