SAFE BULKERS (SB) director Christos Megalou reports 113,860 common shares on Form 3

Rhea-AI Filing Summary

SAFE BULKERS, INC. director Christos Megalou filed an initial ownership report showing his existing stake in the company. The Form 3 indicates he directly holds 113,860 shares of common stock, with no reported recent purchases, sales, or derivative positions in this filing.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Megalou Christos

Role Director

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 113,860 shares (Direct)

Footnotes (1)

Understanding Insider Trading Forms →

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^*

Megalou Christos

(Last) (First) (Middle)

APT. D11, LES ACANTHES

6, AVENUE DES CITRONNIERS

(Street)

MONACO MC98000

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
SAFE BULKERS, INC. [ SB ]

3a. Foreign Trading Symbol

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

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

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

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)
Common Stock	113,860	D

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:

EX-24 - Power of Attorney

	/s/ Christos Megalou	03/18/2026
	** 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.
* Form 3: SEC 1473 (03-26)

FAQ

What does Christos Megalou’s Form 3 filing for SAFE BULKERS (SB) show?

The Form 3 shows that director Christos Megalou already owns 113,860 shares of SAFE BULKERS common stock. It is an initial ownership report, not a trade, and does not disclose any recent purchases, sales, or derivative positions.

Did Christos Megalou buy or sell SAFE BULKERS (SB) shares in this Form 3?

No, this Form 3 does not report any buy or sell transactions. It simply records that he directly holds 113,860 shares of SAFE BULKERS common stock as of the filing, serving as a baseline ownership disclosure.

How many SAFE BULKERS (SB) shares does Christos Megalou own according to the filing?

According to the Form 3, Christos Megalou directly owns 113,860 shares of SAFE BULKERS common stock. This figure represents his reported beneficial ownership position and is not tied to any newly reported transaction in this document.

What is the significance of a Form 3 for SAFE BULKERS (SB) insiders?

A Form 3 is the initial ownership statement for company insiders such as directors. It establishes how many shares they already hold when they first become subject to reporting, providing investors a starting point for tracking future Form 4 or Form 5 transactions.

Does the SAFE BULKERS (SB) Form 3 mention any derivative securities for Christos Megalou?

No, the filing does not list any derivative securities such as options or warrants for Christos Megalou. It only records his direct ownership of 113,860 shares of common stock, with no additional derivative positions disclosed in this report.