Pangaea Logistics (NASDAQ: PANL) sets $0.05 quarterly cash dividend

Rhea-AI Filing Summary

Pangaea Logistics Solutions Ltd. declared a quarterly cash dividend of $0.05 per common share. The dividend will be paid on March 13, 2026 to shareholders who are on record as of February 27, 2026.

This cash return reflects the Board’s decision to distribute capital to equity holders while the company continues operating as a global provider of seaborne dry bulk logistics, transportation, terminal and stevedoring services for a wide range of industrial cargoes.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

______________

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934 

Date of Report (Date of earliest event reported): February 17, 2026  

PANGAEA LOGISTICS SOLUTIONS LTD.

(Exact Name of Registrant as Specified in Charter)

Bermuda			001-36798			98-1205464
(State or Other Jurisdiction			(Commission			(IRS Employer
of Incorporation)			File Number)			Identification No.)

c/o Phoenix Bulk Carriers (US) LLC

109 Long Wharf, Newport, Rhode Island 02840

(Address of Principal Executive Offices) (Zip Code)

(401) 846-7790

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of exchange on which registered
Common Stock			PANL			Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events

On February 17, 2026, Pangaea Logistics Solutions Ltd. ("the "Company") announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per common share to be paid on March 13, 2026 to all shareholders of record as of February 27, 2026. A copy of the press release is filed herewith as Exhibit 99.1 to this current report on Form 8-K and is incorporated herein by reference.

The information contained in, or incorporated into, this Current Report on Form 8-K is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities under that section, nor shall it be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in any such filing.

Item 9.01 Financial Statements and Exhibits.

(d)Exhibits

Exhibit			Description
99.1			Press Release dated February 17, 2026
104			Cover Page Interactive Data File ( embedded within Inline XBRL document)

SIGNATURE 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: February 17, 2026

			PANGAEA LOGISTICS SOLUTIONS LTD.
			By:			/s/ Gianni Del Signore
						Name: Gianni Del Signore Title: Chief Financial Officer

Pangaea Logistics Solutions Ltd. Announces Quarterly Cash Dividend

NEWPORT, RI – February 17, 2026 - Pangaea Logistics Solutions Ltd. (“Pangaea” or the “Company”) (NASDAQ: PANL), a global provider of comprehensive maritime logistics solutions, announced today that its Board of Directors has declared a quarterly cash dividend of $0.05 per common share to be paid on March 13, 2026 to all shareholders of record as of February 27, 2026.

ABOUT PANGAEA LOGISTICS SOLUTIONS

Pangaea Logistics Solutions Ltd. (NASDAQ: PANL) and its subsidiaries (collectively, “Pangaea” or the “Company”) provides seaborne dry bulk logistics and transportation services as well as terminal and stevedoring services. Pangaea utilizes its logistics expertise to service a broad base of industrial customers who require the transportation of a wide variety of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite and limestone. The Company addresses the logistics needs of its customers by undertaking a comprehensive set of services and activities, including cargo loading, cargo discharge, port and terminal operations, vessel chartering, voyage planning, and vessel technical management. Learn more at www.pangaeals.com.

INVESTOR RELATIONS CONTACTS

Gianni Del Signore			Stefan C. Neely
Chief Financial Officer			Vallum Advisors
401-846-7790			PANL@val-adv.com
Investors@pangaeals.com

FAQ

What dividend did Pangaea Logistics Solutions Ltd. (PANL) declare?

Pangaea Logistics Solutions Ltd. declared a quarterly cash dividend of $0.05 per common share. This means shareholders will receive five cents for each share they own, reflecting a recurring cash return authorized by the company’s Board of Directors.

When is the record date for Pangaea Logistics Solutions Ltd. (PANL) dividend?

The record date for Pangaea Logistics Solutions Ltd.’s dividend is February 27, 2026. Shareholders must be on the company’s books at the close of that date to be eligible to receive the upcoming quarterly cash dividend payment.

When will Pangaea Logistics Solutions Ltd. (PANL) pay its announced dividend?

Pangaea Logistics Solutions Ltd. will pay the announced quarterly cash dividend on March 13, 2026. Eligible shareholders of record as of February 27, 2026 will receive the $0.05 per share payment on that stated distribution date.

How often does Pangaea Logistics Solutions Ltd. (PANL) pay the announced dividend?

The company described the $0.05 per share cash distribution as a quarterly dividend. This indicates the Board intends this payment as part of a recurring series, subject to future Board decisions and the company’s financial and strategic priorities.

What business does Pangaea Logistics Solutions Ltd. (PANL) operate?

Pangaea Logistics Solutions Ltd. provides seaborne dry bulk logistics and transportation services, plus terminal and stevedoring operations. It serves industrial customers shipping cargoes such as grains, coal, iron ore, bauxite, alumina, cement clinker, dolomite and limestone across global routes.

Where can investors find more information about Pangaea Logistics Solutions Ltd. (PANL)?

Investors can learn more about Pangaea Logistics Solutions Ltd. at www.pangaeals.com and via its investor relations contacts listed in the announcement, including the company’s Chief Financial Officer and external advisor contact information for shareholder and analyst inquiries.

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 EX-99.1 5.1 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.7 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 21.1 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.2 KB