TEN (TEN) CFO discloses initial common and Series F share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
TSAKOS ENERGY NAVIGATION LTD executive Kosmatos Theoharrys Evgenios, the company’s CFO and CAO, filed an initial ownership report on Form 3. He reports direct beneficial ownership of 24,700 Common Shares and 300 Series F Fixed to Floating Rate Cumulative Redeemable Perpetual Preferred Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kosmatos Theoharrys Evgenios
Role
CFO and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
| holding | Series F Fixed to Fltg Rate Cum. Redeemable Perp. Pref. Shs | -- | -- | -- |
Holdings After Transaction:
Common Shares — 24,700 shares (Direct);
Series F Fixed to Fltg Rate Cum. Redeemable Perp. Pref. Shs — 300 shares (Direct)
Footnotes (1)
FAQ
What does the TEN Form 3 filing by CFO Kosmatos show?
The Form 3 filing shows TEN’s CFO and CAO, Kosmatos Theoharrys Evgenios, reporting his initial beneficial ownership in company securities, including Common Shares and Series F preferred shares, as required for insiders when they first become subject to reporting obligations.
Does the TEN Form 3 filing show any insider buying or selling?
No specific purchases or sales are reported in this Form 3. It functions as an initial statement of beneficial ownership, listing the securities and amounts held, rather than detailing new buy or sell transactions in TEN securities by the reporting person.
Why is TEN’s CFO required to file a Form 3?
As an officer of TEN, the CFO becomes a reporting insider under U.S. securities rules and must file Form 3. This filing discloses his initial holdings in the company’s securities, creating a public baseline for any subsequent Form 4 or Form 5 activity.