Tsakos Energy Navigation (TEN) director reports 18,400-share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Tsakos Energy Navigation Ltd director Michael Jolliffe has filed an initial ownership report showing he holds 18,400 common shares directly. This Form 3 does not report any recent buy or sell transactions; it simply establishes his current beneficial ownership position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jolliffe Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 18,400 shares (Direct)
Footnotes (1)
FAQ
What does Michael Jolliffe’s Form 3 filing for TEN show?
The Form 3 shows that director Michael Jolliffe beneficially owns 18,400 common shares of Tsakos Energy Navigation Ltd. It is an initial ownership report and does not disclose any recent buying or selling activity.
Is the TEN Form 3 filing for Michael Jolliffe a stock purchase or sale?
The TEN Form 3 is not a purchase or sale report. It simply records that director Michael Jolliffe directly owns 18,400 common shares, without indicating any new transaction or change in that position.
What is the significance of a Form 3 filing for TEN insiders?
A Form 3 filing for TEN insiders records their initial beneficial ownership when they become subject to reporting rules. For Michael Jolliffe, it formally discloses his holding of 18,400 common shares as a director of Tsakos Energy Navigation Ltd.
Does the TEN Form 3 for Michael Jolliffe include derivative securities?
The TEN Form 3 for Michael Jolliffe lists only common shares, totaling 18,400. The derivative section is empty in this filing, indicating no reported options, warrants, or other derivative positions at this time.