DSX: Palios Symeon reports an option exercise
By AlphaYouPublished Form 4
Palios Symeon
Reporting filer
Palios Symeon reports an option exercise, not an open-market purchase or sale, in Diana Shipping Inc.. Form 4 filed Oct 15, 2026 lists 4 entries.
- Disclosed
- Oct 15, 2026
Reported details
4 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par value per share | Palios Symeon | 2026-10-13 | M | Exercise or conversion | 497305 | Not stated (see footnotes) | 6,461,142 | 2 days | Filed terms
|
| Common Stock, $0.01 par value per share | Palios Symeon | 2026-10-13 | M | Exercise or conversion | 64206 | Not stated (see footnotes) | 6,525,348 | 2 days | Filed terms
|
| Warrants (derivative) | Palios Symeon | 2026-10-13 | M | Exercise or conversion | 293349 | Not stated (see footnotes) | 414,090 | 2 days | Filed terms
|
| Warrants (derivative) | Palios Symeon | 2026-10-13 | M | Exercise or conversion | 37874 | Not stated (see footnotes) | 376,216 | 2 days | Filed terms
|
Common Stock, $0.01 par value per share
- Owner
- Palios Symeon
- Date
- 2026-10-13
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 497305
- Price
- Not stated (see footnotes)
- Following holdings
- 6,461,142
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Common Stock, $0.01 par value per share
- transaction Date: 2026-10-13
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 497305
- id: F2
- id: F2
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 6461142
- id: F1
- direct Or Indirect Ownership: I
- nature Of Ownership: See footnote
- id: F1
Common Stock, $0.01 par value per share
- Owner
- Palios Symeon
- Date
- 2026-10-13
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 64206
- Price
- Not stated (see footnotes)
- Following holdings
- 6,525,348
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Common Stock, $0.01 par value per share
- transaction Date: 2026-10-13
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 64206
- id: F2
- id: F2
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 6525348
- id: F1
- direct Or Indirect Ownership: I
- nature Of Ownership: See footnote
- id: F1
Warrants (derivative)
- Owner
- Palios Symeon
- Date
- 2026-10-13
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 293349
- Price
- Not stated (see footnotes)
- Following holdings
- 414,090
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Warrants
- id: F2
- transaction Date: 2026-10-13
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 293349
- id: F2
- transaction Acquired Disposed Code: D
- id: F2
- id: F2
- underlying Security Title: Common Stock
- underlying Security Shares: 497305
- id: F2
- shares Owned Following Transaction: 414090
- direct Or Indirect Ownership: I
- nature Of Ownership: See footnote
- id: F1
Warrants (derivative)
- Owner
- Palios Symeon
- Date
- 2026-10-13
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 37874
- Price
- Not stated (see footnotes)
- Following holdings
- 376,216
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Warrants
- id: F2
- transaction Date: 2026-10-13
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 37874
- id: F2
- transaction Acquired Disposed Code: D
- id: F2
- id: F2
- underlying Security Title: Common Stock
- underlying Security Shares: 64206
- id: F2
- shares Owned Following Transaction: 376216
- direct Or Indirect Ownership: I
- nature Of Ownership: See footnote
- id: F1
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Palios Symeon: Director.
- F1: 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.
- F2: 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.
Original sources
Prepared automatically from public filing data. Report a correction.