Pangaea Logistics director proposes $454K share sale

Available on EDGAR 11/12/2026 - 02:04 PM EST Accepted by SEC EDGAR 11/12/2026 - 02:03 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Pangaea Logistics Solutions Ltd. director Richard T Du Moulin reported a proposed sale of 50,000 common shares, with an aggregate market value of $454,282.21. The shares are in the Richard T Du Moulin Revocable Trust account, with Du Moulin acting as trustee.

Key Figures

Common shares proposed for sale: 50,000 shares Aggregate market value: $454,282.21 Common shares outstanding: 65,473,772 shares

3 metrics

Common shares proposed for sale 50,000 shares Proposed sale reported by Richard T Du Moulin

Aggregate market value $454,282.21 Value listed for the proposed sale

Common shares outstanding 65,473,772 shares Reported in the securities information table

Key Terms

Aggregate Market Value, Revocable Trust

2 terms

Aggregate Market Value financial

"Aggregate Market Value: 454282.21"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

Revocable Trust financial

"Richard T Du Moulin Revocable Trust"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many PANL shares did Richard T Du Moulin report for sale?

The notice reports 50,000 common shares, with an aggregate market value of $454,282.21. The approximate sale date is November 12, 2026. The shares are in the Richard T Du Moulin Revocable Trust account, with Du Moulin as trustee.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001065094
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Pangaea Logistics Solutions Ltd.
SEC File Number	001-36798
Address of Issuer	109 LONG WHARF NEWPORT RHODE ISLAND 02840
Phone	401-457-9552
Name of Person for Whose Account the Securities are To Be Sold	DU MOULIN RICHARD T
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
common	Wells Fargo Clearing Services 1 North Jefferson Avene St. Louis MO 63103	50000	454282.21	65473772	11/12/2026	Nasda

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
common	02/19/2025	Grant	Issuer			23077	02/19/2025	N/A
common	02/16/2024	Grant	Issuer			14101	02/16/2024	N/A
common	02/17/2023	Grant	Issuer			12822	02/17/2023	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks	shares were sold in the account for the Richard T Du Moulin Revocable Trust, Richard T Du Moulin as trustee.
Date of Notice	11/12/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Richard T Du Moulin
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)