Welcome to our dedicated page for Toro SEC filings (Ticker: TORO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Toro Corp. (TORO) SEC filings page on Stock Titan brings together the company’s regulatory disclosures as a foreign private issuer listed on the Nasdaq Capital Market. Toro files annual reports on Form 20-F and furnishes current information on Form 6-K under the Securities Exchange Act of 1934, and it maintains effective registration statements on Form F-3 and Form S-8 that support its securities offerings.
Through its Form 6-K reports, Toro provides unaudited consolidated interim financial statements and management’s discussion and analysis for periods such as the six months ended June 30, 2025. These filings explain vessel revenues from continuing operations, net income, non-GAAP measures like EBITDA and Daily TCE Rate, and the impact of fleet composition, charter rates, voyage expenses, vessel operating expenses and management fees on results. They also describe capital allocation activities, including the spin-off of the Handysize tanker segment to Robin Energy Ltd., the senior term loan facility extended to Castor Maritime Inc. and its full repayment, and Toro’s investments in and the redemption of Castor’s 8.75% Series E Cumulative Perpetual Convertible Preferred Shares.
Toro’s SEC filings further document corporate actions such as a tender offer for Toro common shares, the declaration and mechanics of a one-time special dividend payable in cash or common shares (including Nasdaq due-bill procedures), and the establishment of an at-the-market (ATM) offering agreement with Maxim Group LLC for potential common share issuances under an effective Form F-3 shelf. Additional Form 6-Ks furnish press releases announcing vessel sale agreements, vessel acquisitions, annual general meeting dates and outcomes, and auditor appointments.
On Stock Titan, these filings are updated in line with EDGAR and paired with AI-powered summaries that highlight key points from Toro’s 20-F annual reports, interim 6-Ks and transaction-related exhibits. Users can quickly identify disclosures related to fleet changes, related-party transactions with Castor Maritime Inc. and Robin Energy Ltd., equity and debt arrangements, and other regulatory information that shapes the risk profile and capital structure of Toro’s global energy transportation business.
Toro Corp. is moving forward with a previously declared special dividend of $0.90 per common share for shareholders of record as of May 4, 2026. The dividend is expected to be paid on June 5, 2026.
Shareholders can choose to receive the dividend entirely in cash or entirely in Toro common shares, with any fractional share paid in cash. For those electing shares, the company has set a share value of $3.8821, based on the 20-day volume weighted average price through April 21, 2026. Registered shareholders must submit an election form to Broadridge by 5:00 p.m. Eastern time on May 22, 2026, otherwise the dividend will be paid in cash.
Toro retains the right, in its sole discretion, to pay the dividend entirely in cash at any time up to midnight on June 4, 2026, even if shareholders elected stock, and without prior notice. The filing also outlines U.S. federal income tax considerations for U.S. and non-U.S. shareholders.
Pani Corp. and Petros Panagiotis Panagiotidis filed Amendment No. 5 to update their ownership in Toro Corp. They may be deemed beneficial owners of 20,822,206 common shares, representing approximately 72.2% of Toro’s 28,852,084 shares outstanding.
The update reflects Pani Corp.’s open-market purchase of 2,315,971 shares from April 22–24, 2026 for a total of $14,254,600.60, funded by cash ultimately from Mr. Panagiotidis’s personal funds. Their holdings also include several tranches of restricted shares and 5,794,995 shares received via a special dividend, while an affiliated entity holds 40,000 Series B preferred shares, each carrying the voting power of 100,000 common shares.
Toro Corp. director and Chief Executive Officer Panagiotidis Petros Panagiotis reported a series of indirect open-market purchases of the company’s common stock through Pani Corp., an entity he controls. Across four transactions on April 22–24, 2026, Pani Corp. bought a total of 2,315,971 shares at weighted average prices ranging from about $4.73 to $6.79 per share. Following the most recent purchase, indirect holdings reported through Pani Corp. stood at 20,822,206 common shares, with beneficial ownership disclaimed except to the extent of any pecuniary interest.
Toro Corp. declared a one-time special dividend of $0.90 per common share, payable in either cash or Toro common shares. Shareholders of record at the close of business on May 4, 2026 are eligible, and payment is expected on June 5, 2026.
Shareholders can keep the default all-cash dividend or elect to receive all shares, using a form due by May 22, 2026. The stock portion is valued using a 20-day volume weighted average price of $3.8821 per share through April 21, 2026. Toro may still decide to pay the entire dividend in cash up to the day before payment.
Toro Corp. files its annual Form 20-F, outlining its LPG and product tanker operations and extensive risk factors. As of December 31, 2025, it had 21,473,509 common shares outstanding. The report highlights exposure to volatile charter rates, fuel prices, geopolitical conflicts, sanctions, inflation, cyber risk and tightening environmental and decarbonization rules.
Toro Corp. files its annual Form 20-F, outlining its LPG and product tanker operations and extensive risk factors. As of December 31, 2025, it had 21,473,509 common shares outstanding. The report highlights exposure to volatile charter rates, fuel prices, geopolitical conflicts, sanctions, inflation, cyber risk and tightening environmental and decarbonization rules.
Toro Corp. reported net income of $1.6 million for the fourth quarter and $5.9 million for the year ended December 31, 2025. Total vessel revenues from continuing operations were $21.1 million in 2025, slightly below $22.4 million in 2024, while EBITDA rose to $6.0 million from $1.9 million.
The fleet’s Daily TCE Rate increased to $12,950 in 2025 from $11,620, with fleet utilization at 100%. Cash and cash equivalents grew to $87.4 million at year‑end 2025 from $37.2 million, helped by vessel sales and related‑party loan repayments.
The company declared a one‑time special dividend of $1.75 per common share, paid in about $9.3 million cash and 7,378,575 shares, and secured a new $60.0 million five‑year revolving credit facility for general corporate purposes. An at‑the‑market equity program of up to $12.5 million was established but unused as of April 15, 2026.
Toro Corp. reported net income of $1.6 million for the fourth quarter and $5.9 million for the year ended December 31, 2025. Total vessel revenues from continuing operations were $21.1 million in 2025, slightly below $22.4 million in 2024, while EBITDA rose to $6.0 million from $1.9 million.
The fleet’s Daily TCE Rate increased to $12,950 in 2025 from $11,620, with fleet utilization at 100%. Cash and cash equivalents grew to $87.4 million at year‑end 2025 from $37.2 million, helped by vessel sales and related‑party loan repayments.
The company declared a one‑time special dividend of $1.75 per common share, paid in about $9.3 million cash and 7,378,575 shares, and secured a new $60.0 million five‑year revolving credit facility for general corporate purposes. An at‑the‑market equity program of up to $12.5 million was established but unused as of April 15, 2026.
Toro Corp. has signed a $60.0 million revolving credit facility with a leading European financial institution. This flexible loan, which can be drawn and repaid as needed, has a five‑year tenor and bears interest at a rate of Term SOFR plus a margin.
The facility will be secured by a first priority mortgage over four of Toro’s vessels, and net proceeds are expected to be used for general corporate purposes. Toro operates a modern fleet of oceangoing vessels, including two LPG carriers and one MR tanker.
TORO CORP. director Platanias Angelos Rounick filed an initial ownership report showing beneficial ownership of 87,353 shares of common stock. This Form 3 does not reflect any new purchase or sale activity; it simply records his existing direct holdings as of the reporting date.
TORO CORP. director Petros Zavakopoulos has filed an initial ownership report showing his position in the company’s common stock. The filing indicates he directly holds 60,000 shares of common stock after the reported holdings entry, with no specific buy or sell transaction reported in this form.
TORO CORP. director and Chief Executive Officer Panagiotidis Petros Panagiotis filed an initial statement of beneficial ownership. He reports indirect control of 18,506,235 common shares through Pani Corp. and 40,000 Series B Preferred Shares through Pelagos Holdings Corp., with each preferred share carrying the voting power of 100,000 common shares. He may be deemed to beneficially own these securities through his control of Pani and Pelagos but disclaims beneficial ownership except to the extent of any pecuniary interest.