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Tsakos Energy officer plans sale of 10,000 shares

TEN’s CFO and CAO has filed a Rule 144/A notice to sell 10,000 common shares originally received as a stock grant.

(Neutral)
(Neutral)
Form Type
144/A

Rhea-AI Filing Summary

TSAKOS ENERGY NAVIGATION LTD (TEN) received a Rule 144/A notice that its Chief Financial and Chief Accounting Officer, Kosmatos Theoharrys Evgenios, intends to sell up to 10,000 common shares of TEN through Beta Securities SA on or after September 18, 2026. These shares were acquired as a stock grant from Tsakos Energy Navigation Limited on July 24, 2024.

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Common shares to be sold 10,000 shares Common shares of Tsakos Energy Navigation Limited covered by the Rule 144/A notice
Reported value 530,013.50 Value reported in the securities information table for the 10,000 common shares
Proposed sale date September 18, 2026 Date listed in the securities information section for the proposed sale
Acquisition date July 24, 2024 Date the 10,000 common shares were received as a stock grant
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
stock grant financial
"Common | 07/24/2024 | stock grant | Tsakos Energy Navigation Limited"
A stock grant is an award of company shares given to an individual, often as part of compensation for employees or executives. It matters to investors because grants can change the number of shares outstanding (dilution) and signal how company leaders are being paid and motivated—think of it like receiving a slice of the company as part of your paycheck, which can affect ownership and future share supply.
Securities To Be Sold financial
"144/A: Securities To Be Sold Common | 07/24/2024 | stock grant"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144/A filing disclose for TEN?

It discloses that TEN’s Chief Financial and Chief Accounting Officer, Kosmatos Theoharrys Evgenios, has filed a Rule 144/A notice to sell up to 10,000 common shares of Tsakos Energy Navigation Limited.

How many TEN shares are covered by this Rule 144/A notice?

The notice covers up to 10,000 common shares of Tsakos Energy Navigation Limited to be sold for the account of Kosmatos Theoharrys Evgenios.

When were the TEN shares proposed for sale under Form 144/A acquired?

The shares proposed for sale under the Form 144/A were acquired via a stock grant from Tsakos Energy Navigation Limited on July 24, 2024.

When may the TEN shares be sold under this Rule 144/A notice?

The filing indicates a proposed sale date of September 18, 2026 for the 10,000 common shares of Tsakos Energy Navigation Limited, subject to Rule 144 conditions.

Which broker is named for the proposed TEN share sale?

The broker named for the proposed sale of TEN common shares is Beta Securities SA, located on Alexandras Avenue in Athens.

What is the reported value associated with the TEN shares in this filing?

The securities information table reports a value of 530,013.50 associated with the 10,000 common shares of Tsakos Energy Navigation Limited listed for potential sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144/A: Filer Information

144/A: Issuer Information

144/A: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

144/A: Remarks and Signature

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