OceanPal Inc. (SVRN) investor trims position to 70,082 shares, 3.74%
Rhea-AI Filing Summary
OceanPal Inc. shareholder Semiramis Paliou, together with affiliated entities, reports a reduced stake in the company’s common stock. As of July 31, 2026, 4 Sweet Dreams S.A. holds 70,082 OceanPal common shares, which Paliou may be deemed to beneficially own indirectly.
These 70,082 Shares represent 3.74% of OceanPal’s 1,875,816 common shares outstanding as of that date, meaning the reporting persons have ceased to be beneficial owners of more than five percent of the company’s stock. They also transferred all of their Series C Preferred Stock to the issuer for cancellation and report no additional plans regarding OceanPal’s corporate actions.
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Key Figures
Shares beneficially owned: 70,082 Shares
Ownership percentage: 3.74 %
Shares outstanding: 1,875,816 Shares
+1 more
4 metrics
Shares beneficially owned
70,082 Shares
OceanPal common stock held by 4 Sweet Dreams S.A. and indirectly by Paliou
Ownership percentage
3.74 %
Portion of OceanPal’s outstanding common stock represented by 70,082 Shares
Shares outstanding
1,875,816 Shares
OceanPal common shares outstanding as of July 31, 2026
Tuscany Shipping holdings
0 Shares
Common stock of OceanPal beneficially owned by Tuscany Shipping Corp.
Key Terms
beneficially own, Series C Preferred Stock, sole voting power, shared dispositive power, +1 more
5 terms
beneficially own regulatory
"the Reporting Persons no longer may be deemed to beneficially own any Shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Series C Preferred Stock financial
"transferred all of their shares of the Issuer's Series C Preferred Stock"
A Series C preferred stock is a specific class of ownership issued during a later funding round that gives holders priority over common shareholders for getting paid and receiving dividends, like having a reserved lane in traffic when money is distributed. It often includes agreed rights such as a fixed payout, protection against dilution, and the option to convert into common shares, so investors treat it as a mix of safety and upside potential.
sole voting power regulatory
"4 Sweet Dreams has the sole power to vote or direct the vote of 0 Shares"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
exit filing regulatory
"constitutes an exit filing for the Reporting Person"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of OceanPal Inc. (SVRN) does Semiramis Paliou now beneficially own?
Semiramis Paliou may be deemed to indirectly beneficially own 70,082 OceanPal shares, equal to 3.74% of the company’s outstanding common stock. The shares are held through 4 Sweet Dreams S.A., over which she has voting and dispositive control.
What happened to the Series C Preferred Stock previously held in OceanPal Inc. (SVRN)?
The reporting persons transferred all of their Series C Preferred Stock in OceanPal Inc. to the issuer for cancellation on July 31, 2026. After the cancellation, they report no beneficial ownership of OceanPal’s Series C Preferred Stock.
When did the OceanPal Inc. (SVRN) reporting persons fall below 5% ownership?
As of July 31, 2026, the reporting persons ceased to be beneficial owners of more than 5% of OceanPal’s common stock. Their remaining 3.74% stake qualifies this amendment as a final exit filing under Schedule 13D rules.
Did Tuscany Shipping Corp. report any OceanPal Inc. (SVRN) common stock ownership?
No. Tuscany Shipping Corp. reports 0 shares of OceanPal common stock, with no sole or shared voting or dispositive power. All reported beneficial ownership in this amendment is attributed to 4 Sweet Dreams S.A. and indirectly to Semiramis Paliou.