Tsakos Energy CFO sells 10,000 shares at $53
TEN’s CFO and CAO sold 10,000 common shares and now holds 14,700 shares directly.
Rhea-AI Filing Summary
TSAKOS ENERGY NAVIGATION LTD (TEN) reports that its Chief Financial Officer and Chief Accounting Officer, Kosmatos Theoharrys Evgenios, sold 10,000 Common Shares on September 18, 2026 in a sale described as an open market or private transaction at $53.0014 per share. Following this transaction, he holds 14,700 Common Shares directly, and no Rule 10b5-1 trading plan is reported.
Positive
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Negative
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Insights
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Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Kosmatos Theoharrys Evgenios
Role
CFO and CAO
Sold
10,000 shs ($530K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 10,000 | $53.0014 | $530K |
Holdings After Transaction:
Common Shares — 14,700 shares (Direct)
Key Figures
Shares sold: 10,000 shares
Sale price per share: $53.0014 per share
Shares owned after transaction: 14,700 shares
+1 more
4 metrics
Shares sold
10,000 shares
Common Shares sold on September 18, 2026
Sale price per share
$53.0014 per share
Price for the 10,000-share sale on September 18, 2026
Shares owned after transaction
14,700 shares
Directly owned Common Shares after the sale
Net shares sold in filing
10,000 shares
Net sell volume across all reported transactions
Key Terms
Rule 10b5-1, open market, private transaction
3 terms
Rule 10b5-1 regulatory
"The Form 4 indicates the Rule 10b5-1 checkbox is not selected"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market financial
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
private transaction financial
"Sale in open market or private transaction"
A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TEN’s CFO report in this Form 4?
Kosmatos Theoharrys Evgenios, CFO and CAO of TSAKOS ENERGY NAVIGATION LTD (TEN), reported selling 10,000 Common Shares on September 18, 2026. The sale is described as an open market or private transaction, and his ownership position changed accordingly.
AI-generated analysis. How Rhea-AI works. Not financial advice.