OceanPal Inc. (OP) director discloses 109,620 common shares in Form 3

Rhea-AI Filing Summary

OceanPal Inc. director Richard Mortimer Muirhead filed an initial ownership report showing he holds 109,620 shares of the company’s common stock directly. This Form 3 does not report any new buy or sell transactions; it simply establishes his existing equity position as an insider.

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Muirhead Richard Mortimer

(Last) (First) (Middle)

PENDELIS 26

PALAIO FALIRO

(Street)

ATHENS 175 64

(City) (State) (Zip)

GREECE

(Country)

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

3. Issuer Name and Ticker or Trading Symbol
OceanPal Inc. [ SVRN ]

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, $0.01 par value per share	109,620	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:

	/s/ Richard Muirhead	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 Richard Mortimer Muirhead’s Form 3 for OceanPal Inc. (OP) show?

The Form 3 shows that director Richard Mortimer Muirhead directly holds 109,620 common shares of OceanPal Inc. It is an initial ownership filing that establishes his existing stake as an insider, without reporting any new stock purchases or sales.

Did OceanPal Inc. (OP) director Richard Mortimer Muirhead buy or sell shares in this Form 3?

This Form 3 does not report any purchases or sales. It records Muirhead’s status as a director and discloses that he directly owns 109,620 common shares, serving as a baseline ownership statement rather than a transaction report.

How many OceanPal Inc. (OP) shares does Richard Mortimer Muirhead directly own?

Richard Mortimer Muirhead is reported to directly own 109,620 shares of OceanPal Inc. common stock. This figure comes from his initial Form 3 filing, which documents his current holdings as a company director at the time of the report.

Does the OceanPal Inc. (OP) Form 3 include any derivative securities for Richard Mortimer Muirhead?

The Form 3 lists only common stock holdings for Richard Mortimer Muirhead, totaling 109,620 shares held directly. It does not show any options, warrants, or other derivative securities in the derivative holdings section of the filing.

What is the significance of a Form 3 filing like OceanPal Inc. (OP) for investors?

A Form 3 signals that someone has become an insider, such as a director or major holder. Here, it shows Muirhead’s direct ownership of 109,620 common shares, giving investors transparency into the equity stake of a board member.