Pangaea Logistics Solutions Ltd. — Director's Dealing 2025

Jun 18, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Pangaea Logistics Solutions Ltd. (PANL)
CIK: 0001606909
Period of Report: 2025-06-16

Reporting Person: Tan Christina (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares, $0.0001 par value per share	23077	Direct
Common Shares, $0.0001 par value per share	18870317	Indirect

Footnotes

F1: The Reporting Person owns a 24.5% minority non-controlling limited liability company interest in Strategic Investments LLC ("SIL"), which is the sole shareholder of Strategic Shipping Inc. ("Strategic"). Strategic owns the reported common shares of the Issuer (the "Common Shares") and as a result SIL may be deemed to beneficially own the Common Shares. The Reporting Person disclaims beneficial ownership of the Common Shares except to the extent of her pecuniary interest therein.

F2: On June 16, 2025, Strategic purchased an aggregate of 39,524 Common Shares in multiple transactions at prices ranging from $4.6235 and $4.6462 per Common Share, with an aggregate purchase price of approximately $180,000. The Reporting Person undertakes to provide Pangaea Logistics Solutions Ltd., any security holder of Pangaea Logistics Solutions Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.