Zafirakis Ioannis bought DSX
September 10, 2026 · Form 4 insider transaction
Zafirakis Ioannis bought 1,695,270 shares of Diana Shipping Inc., a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 5 days after the transaction.
Footnotes
On December 14, 2023, the Issuer distributed a dividend to all shareholders as of the record date, December 6, 2023 (the "Warrant Distribution"). The Issuer distributed one-fifth of a warrant for each issued and outstanding Common Share. On September 10, 2026, the Reporting Person exercised 1,000,000 Warrants at an exercise price of $1.69527, resulting in the issuance of 1,695,270 shares of Common Stock. The Reporting person no longer owns any warrants issued to it through the Warrant Distribution.; The shares are held by the Reporting Person indirectly through Abra Marinvest Inc. ("Abra") as the result of his ability to control the vote and disposition of Abra. This amount includes 1,823,780 shares awarded to the Reporting Person pursuant to the Issuer's 2014 Equity Incentive Plan (as amended and restated), which are currently unvested.