Pyxis Tankers (PXS) CEO discloses 6,007,587 indirect common shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Pyxis Tankers Inc. director and Chief Executive Officer Valentis Valentios filed an initial ownership report showing indirect holdings of 6,007,587 shares of common stock. These shares are held by Maritime Investors Corp., an entity over which he exercises investment control, meaning the position is reported as indirect rather than a personal trading transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Valentis Valentios
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, par value $0.001 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.001 — 6,007,587 shares (Indirect, By Company)
Footnotes (1)
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FAQ
What does the Pyxis Tankers (PXS) Form 3 filing by Valentis Valentios show?
The Form 3 shows that Valentis Valentios, a director and Chief Executive Officer of Pyxis Tankers, indirectly holds 6,007,587 common shares. These shares are owned through Maritime Investors Corp., an entity he controls for investment decisions rather than in his own name directly.
Is the Pyxis Tankers (PXS) Form 3 a buy or sell transaction?
The Form 3 is not a buy or sell transaction; it is an initial ownership report. It records that 6,007,587 common shares are indirectly owned through Maritime Investors Corp., reflecting Valentios’s existing position rather than any new market trade in Pyxis Tankers shares.
What role does Maritime Investors Corp. play in Pyxis Tankers (PXS) ownership reporting?
Maritime Investors Corp. is the entity that directly holds the 6,007,587 Pyxis Tankers common shares. Because Valentis Valentios has investment control over this company, the shares are attributed to him as indirect ownership on the Form 3, rather than appearing as directly owned shares.