TOP SHIPS (NASDAQ: TOPS) director Maria Zoupou files initial Form 3

Rhea-AI Filing Summary

TOP SHIPS INC. director Maria Zoupou filed an initial Form 3, which is a required statement of beneficial ownership for company insiders. The filing lists her as a director of TOP SHIPS INC. but does not report any transactions or holdings in this excerpt.

Key Terms

Form 3, beneficial ownership, reporting person

3 terms

Form 3 regulatory

"filed an initial Form 3, which is a required statement of beneficial ownership"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

beneficial ownership financial

"an initial Form 3, which is a required statement of beneficial ownership for company insiders"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

reporting person regulatory

"initial ownership report that insiders must file when they first become reporting persons"

Understanding Insider Trading Forms →

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^*

Zoupou Maria

(Last) (First) (Middle)

LEOFOROS KIFISIAS 230

(Street)

KIFISIA ATTICA 14562

(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
TOP SHIPS INC. [ TOPS ]

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
	Officer (give title below)		Other (specify below)

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)

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:

No securities are beneficially owned.

	/s/ Maria Zoupou	04/01/2026
	** 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)

FAQ

What does the TOPS Form 3 filing by Maria Zoupou indicate?

The Form 3 shows that Maria Zoupou is a director of TOP SHIPS INC. (TOPS). It is an initial statement of beneficial ownership and, in this excerpt, does not list any specific shareholdings or transactions.

Does the TOPS Form 3 for Maria Zoupou show any stock transactions?

No, the Form 3 data for Maria Zoupou shows zero buy, sell, acquire, or dispose transactions. All transaction counts and share amounts are reported as zero in this excerpt of the filing data.

What role does Maria Zoupou have at TOP SHIPS INC. (TOPS)?

Maria Zoupou is identified as a director of TOP SHIPS INC. (TOPS) in the Form 3. The filing indicates she is not listed as an officer and is not flagged as a ten percent owner in this data.

Why is a Form 3 important for TOP SHIPS INC. investors?

Form 3 is the initial ownership report that insiders must file when they first become reporting persons. For TOP SHIPS INC., it helps investors see who holds insider status and establishes a baseline before any future Form 4 or Form 5 transactions.

Does the TOPS Form 3 include any derivative securities for Maria Zoupou?

No, the derivative section for Maria Zoupou in this Form 3 is empty. The derivativeSummary shows no options, warrants, or other derivative positions reported for her in the provided data.