Palios Symeon sold DSX
October 13, 2026 · Form 4 insider transaction
Palios Symeon sold 37,874 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 2 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 October 13, 2026, the Reporting Person exercised 331,223 Warrants at an exercise price of $4.00 per Warrant, resulting in the issuance of 561,511 shares of Common Stock, based on an exercise ratio of 1.69527 Common Shares per Warrant, including the applicable Bonus Share Fraction. The Reporting person currently owns 376,216 warrants through Limon in the Warrant Distribution which entitles him to 637,787 shares of common stock issuable upon the exercise of the warrants.; The shares are held by the Reporting Person indirectly through Limon Compania Financiera S.A. ("Limon") as the result of his ability to control the vote and disposition of Limon. This amount Includes 2,051,912 shares awarded to the Reporting Person pursuant to the Issuer's 2014 Equity Incentive Plan (as amended and restated), which are currently unvested.