Icon Energy CEO lists indirect share holdings
Rhea-AI Filing Summary
Icon Energy Corp’s chief executive officer Panagiotidi Ismini Evangelia filed an initial ownership report showing indirect holdings in the company through Atlantis Holding Corp.
The filing lists 1,000 common shares and 1,500,000 Series B Perpetual Preferred Shares held indirectly. It also notes 18,954 Series A Cumulative Convertible Perpetual Preferred Shares that Atlantis Holding Corp. may convert into common shares at its option until July 15, 2032, at a conversion price tied to either $1,200 or the five-day volume weighted average price, whichever is lower. The report states the CEO controls Atlantis Holding Corp. but disclaims beneficial ownership beyond her pecuniary interest.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Series A Cumulative Convertible Perpetual Preferred Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Series B Perpetual Preferred Shares | -- | -- | -- |
Footnotes (2)
- F1. The reported securities are held by Atlantis Holding Corp., a company incorporated in the Marshall Islands and controlled by the Reporting Person. The Reporting Person may be deemed to beneficially own the securities owned directly by Atlantis Holding Corp. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest.
- F2. Atlantis Holding Corp. holds 18,954 Series A Cumulative Convertible Perpetual Preferred Shares which may be converted at its option until July 15, 2032, to the Company's common shares, at a conversion price equal to the lesser of $1,200 and the volume weighted average price of the Company's common shares over the five consecutive trading day period expiring on the trading day immediately prior to the date of delivery of written notice of the conversion. The Series A Cumulative Convertible Perpetual Preferred Shares have no expiration date.
FAQ
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What does Icon Energy Corp (ICON) Form 3 disclose about CEO holdings?
Is this Icon Energy (ICON) Form 3 a record of trades or just holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.