[Form 3] TSAKOS ENERGY NAVIGATION LTD Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

TSAKOS ENERGY NAVIGATION LTD Chief Executive Officer Nikolaos Tsakos filed an initial ownership report showing his holdings in the company. He reports 81,600 common shares held directly, plus additional common shares held indirectly through entities including Sea Consolidation S.A., Intermed Champion S.A., Methoni Shipping Company Limited and Tsakos Energy Management Limited. He also reports indirect holdings of Series E and Series F preferred shares through Admiral Green Maritime S.A., while expressly disclaiming beneficial ownership of entity-held securities except to the extent of any pecuniary interest.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

TSAKOS NIKOLAOS

(Last) (First) (Middle)

TSAKOS ENERGY NAVIGATION LIMITED

367 SYNGROU AVE P. FALIRO

(Street)

ATHENS GREECE 17564

(City) (State) (Zip)

GREECE

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
TSAKOS ENERGY NAVIGATION LTD [ TEN ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	81,600	D
Common Shares	1,550,000	I	By Sea Consolidation S.A. of Panama(1)
Common Shares	893,500	I	By Intermed Champion S.A. of Panama(2)
Common Shares	1,448,702	I	By Methoni Shipping Company Limited(3)
Common Shares	1,075,000	I	By Tsakos Energy Management Limited(4)
Series E Fixed to Fltg Rate Cum. Redeemable Perp. Pref. Shs	45,000	I	By Admiral Green Maritime S.A.(5)
Series F Fixed to Fltg Rate Cum. Redeemable Perp. Pref. Shs	100,000	I	By Admiral Green Maritime S.A.(5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares held by Sea Consolidation S.A. of Panama ("Sea Consolidation"). The Reporting Person controls Sea Consolidation and may be deemed to beneficially own the securities held by Sea Consolidation by virtue of such control. The Reporting Person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

2. Shares held by Intermed Champion S.A. of Panama ("Intermed"). The Reporting Person has or shares voting and dispositive power with respect to the shares held by Intermed and may be deemed to beneficially own such securities by virtue of such relationship. The Reporting Person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

3. Shares held by Methoni Shipping Company Limited ("Methoni"). The Reporting Person has or shares voting and dispositive power with respect to the shares held by Methoni and may be deemed to beneficially own such securities by virtue of such relationship. The Reporting Person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

4. Shares held by Tsakos Energy Management Limited ("TEM"). The Reporting Person controls TEM and may be deemed to beneficially own the securities held by TEM by virtue of such control. The Reporting Person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

5. Shares held by Admiral Green Maritime S.A. ("Admiral Green"). The Reporting Person controls Admiral Green and may be deemed to beneficially own the securities held by Admiral Green by virtue of such control. The Reporting Person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Michael Umberto Evangelista, Attorney-in-Fact	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)