Panagiotidis Petros Panagiotis bought TORO
June 5, 2026 · Form 4 insider transaction
Panagiotidis Petros Panagiotis bought 4,827,279 shares of Toro Corp. at $3.88 per share, a transaction worth $18.74M. The trade was recorded as j and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
The reporting person received 4,827,279 shares of Common Stock as a payment-in-kind dividend on 20,822,206 shares of Common Stock owned on the dividend record date.; Represents the amount foregone in exchange for each share of Common Stock received as a dividend.; Shares reported as beneficially owned consist of common shares held indirectly through Pani Corp. ("Pani"), an entity controlled by the Reporting Person. The Reporting Person may be deemed to beneficially own the securities held by Pani by virtue of his control of such entity. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner for purposes of Section 16 of the Exchange Act or otherwise.