Pangaea Logistics Solutions Ltd. (PANL) director Leand Paul M. Jr. files Form 3

Rhea-AI Filing Summary

Pangaea Logistics Solutions Ltd. reported that Leand Paul M. Jr. filed an initial Form 3 as a director, disclosing his beneficial ownership position in the company. The filing lists his status but does not report any recent share purchases, sales, or other transactions.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Leand Paul M. Jr.

(Last) (First) (Middle)

C/O PHOENIX BULK CARRIERS (US) LLC

109 LONG WHARF

(Street)

NEWPORT RI 02841

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/26/2025

3. Issuer Name and Ticker or Trading Symbol
Pangaea Logistics Solutions Ltd. [ PANL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

No securities are beneficially owned.

No securities are beneficially owned.

	s/s Paul M. Leand, Jr.	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Pangaea Logistics (PANL) Form 3 filing show?

The Form 3 filing shows that Leand Paul M. Jr. is a director of Pangaea Logistics Solutions Ltd. It is an initial statement of beneficial ownership and reports no recent share purchases, sales, or other insider transactions.

Did Leand Paul M. Jr. buy or sell PANL shares in this Form 3?

No, this Form 3 for Leand Paul M. Jr. reports no insider transactions. It simply establishes his status as a director and provides an initial disclosure of his beneficial ownership position in Pangaea Logistics Solutions Ltd.

Why did Pangaea Logistics (PANL) director Leand Paul M. Jr. file a Form 3?

Form 3 is required when someone becomes an insider, such as a director. This filing by Leand Paul M. Jr. formally records his beneficial ownership position in Pangaea Logistics Solutions Ltd. at the time he became a reporting person.

Does the PANL Form 3 include any financial or earnings data?

No, this Form 3 filing contains no financial or earnings data. It is limited to insider ownership disclosure for Leand Paul M. Jr. as a director of Pangaea Logistics Solutions Ltd., with no share counts or transaction amounts shown.

How many PANL shares does director Leand Paul M. Jr. report owning?

The provided Form 3 information does not include specific share counts for Leand Paul M. Jr.. It only identifies him as a director and indicates that no insider purchase, sale, acquisition, or disposition transactions are reported in this filing.