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Pangaea Logistics Solutions Ltd. — Director's Dealing 2025
Feb 19, 2025
33201_dirs_2025-02-19_7d6dfe8d-e9f6-47ad-a6ed-4b6b93aeb113.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Pangaea Logistics Solutions Ltd. (PANL)
CIK: 0001606909
Period of Report: 2025-02-19
Reporting Person: Tan Christina (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-19 | Common Share $0.0001 Par Value | A | 23077 | $5.20 | Acquired | 23077 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Share $0.0001 Par Value | 18359342 | 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: Restricted shares were issued pursuant to the Pangaea Logistics Solutions Ltd. 2024 Share Incentive Plan (as amended and restated by the Board of Directors on May 7, 2024).