Imperial Petroleum logs insider share transactions
Imperial Petroleum Inc./Marshall Islands (symbol: IMPP) is the issuer of record for a Form 4 filing submitted to the SEC.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Imperial Petroleum Inc./Marshall Islands (symbol: IMPP) is the issuer of record for a Form 4 filing submitted to the SEC.
Insights
Analyzing...
Insider Trade Summary
149,502 shares exercised/converted
Exercise
4 txns
Insider
Vafias Harry
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F3 | 149,502 | $0.00 | $0.00 |
| Exercise | Common Stock | 149,502 | $3.01 | $450K |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 149,501 contracts (Direct);
Common Stock — 3,801,008 shares (Direct);
Common Stock — 3,307,452 shares (Indirect, By Arethusa Properties LTD);
Common Stock — 6,991,255 shares (Indirect, By Flawless Management Inc.)
Footnotes (3)
- F1. Shares held by Arethusa Properties LTD ("Arethusa"). The Reporting Person controls Arethusa and may be deemed to beneficially own the securities held by Arethusa by virtue of such control. The Reporting Person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.
- F2. Shares held by Flawless Management Inc. ("Flawless"). The Reporting Person controls Flawless and may be deemed to beneficially own the securities held by Flawless by virtue of such control. The Reporting Person disclaims beneficial ownership of such securities for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.
- F3. 50% of the shares subject to such option are vested and became exercisable on August 8, 2026. The remaining 50% of the shares subject to such option vest and become exercisable August 8, 2027, subject to the Reporting Person's continuous service to the Issuer on such date.
AI-generated analysis. How Rhea-AI works. Not financial advice.