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.
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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Key Figures
Common shares to be sold: 10,000 shares
Reported value: 530,013.50
Proposed sale date: September 18, 2026
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4 metrics
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
Key Terms
Rule 144, stock grant, Securities To Be Sold
3 terms
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.