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Tsakos Energy COO plans $266K share sale

Beta Securities SA is named as the broker for the proposed sale.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
144

Rhea-AI Filing Summary

Tsakos Energy Navigation Ltd (TEN) reports that its President and COO, Georgios Saroglou, intends to sell 5,000 common shares with an aggregate market value of $266,000.00; the approximate sale date is October 12, 2026. The acquisition details list a 30,000-share stock grant from the company dated July 24, 2024.

Common shares proposed for sale 5,000 shares Proposed sale by President and COO Georgios Saroglou
Aggregate market value $266,000.00 Proposed sale
Approximate sale date October 12, 2026 Proposed sale
Shares in stock grant 30,000 shares Stock grant from Tsakos Energy Navigation Limited dated July 24, 2024
Shares outstanding 30,127,603 shares Issuer share count
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
"Stock Grant"
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.
Common Shares financial
"Common Shares"
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

FAQ

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

How many TEN shares does President and COO Georgios Saroglou plan to sell?

President and COO Georgios Saroglou reported a proposed sale of 5,000 common shares, with an aggregate market value of $266,000.00. The approximate sale date is October 12, 2026.

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

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144: Filer Information

144: Issuer Information

144: 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: 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: Securities Sold During The Past 3 Months

144: Remarks and Signature

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