DSX: Paliou Semiramis discloses securities transactions

By AlphaYouPublished Sep 23, 2026Form 4

Stocks in this disclosure

Reported activity

Paliou Semiramis

Reporting filer

Paliou Semiramis reported Exercise or conversion in DIANA SHIPPING INC.: 1369120 units of Common Stock, $0.01 par value per share, dated 2026-09-11. The full Form 4 contains 4 transaction entries.

Disclosed: Sep 16, 2026

Reported details

4 entries

All validated entries in this disclosure
Security	Owner	Date	Code	Action	Quantity	Price	Following holdings	Reporting delay	Filed terms and references
Common Stock, $0.01 par value per share	Paliou Semiramis	2026-09-11	M	Exercise or conversion	1369120	Not stated (see footnotes)	9,647,846	5 days	Filed terms security Title: Common Stock, $0.01 par value per share transaction Date: 2026-09-11 deemed Execution Date: transaction Form Type: 4 transaction Code: M equity Swap Involved: 0 transaction Timeliness: transaction Shares: 1369120 id: F3 id: F3 transaction Acquired Disposed Code: A shares Owned Following Transaction: 9647846 id: F1 direct Or Indirect Ownership: I nature Of Ownership: See footnote id: F1
Common Stock, $0.01 par value per share	Paliou Semiramis	2026-09-11	M	Exercise or conversion	4610946	Not stated (see footnotes)	18,210,394	5 days	Filed terms security Title: Common Stock, $0.01 par value per share transaction Date: 2026-09-11 deemed Execution Date: transaction Form Type: 4 transaction Code: M equity Swap Involved: 0 transaction Timeliness: transaction Shares: 4610946 id: F4 id: F4 transaction Acquired Disposed Code: A shares Owned Following Transaction: 18210394 id: F2 direct Or Indirect Ownership: I nature Of Ownership: See footnote id: F2
Warrants (derivative)	Paliou Semiramis	2026-09-11	M	Exercise or conversion	807612	Not stated (see footnotes)	0	5 days	Filed terms security Title: Warrants id: F3 transaction Date: 2026-09-11 deemed Execution Date: transaction Form Type: 4 transaction Code: M equity Swap Involved: 0 transaction Timeliness: transaction Shares: 807612 id: F3 transaction Acquired Disposed Code: D id: F3 id: F3 underlying Security Title: Common Stock underlying Security Shares: 1369120 shares Owned Following Transaction: 0 id: F3 direct Or Indirect Ownership: I nature Of Ownership: See footnote id: F3
Warrants (derivative)	Paliou Semiramis	2026-09-11	M	Exercise or conversion	2719889	Not stated (see footnotes)	0	5 days	Filed terms security Title: Warrants id: F4 transaction Date: 2026-09-11 deemed Execution Date: transaction Form Type: 4 transaction Code: M equity Swap Involved: 0 transaction Timeliness: transaction Shares: 2719889 id: F4 transaction Acquired Disposed Code: D id: F4 id: F4 underlying Security Title: Common Stock underlying Security Shares: 4610946 shares Owned Following Transaction: 0 id: F4 direct Or Indirect Ownership: I nature Of Ownership: See footnote id: F4

Common Stock, $0.01 par value per share

Owner: Paliou Semiramis
Date: 2026-09-11
Code: M
Action: Exercise or conversion
Quantity: 1369120
Price: Not stated (see footnotes)
Following holdings: 9,647,846
Reporting delay: 5 days
Filed terms and references: Filed terms
security Title: Common Stock, $0.01 par value per share
transaction Date: 2026-09-11
deemed Execution Date:
transaction Form Type: 4
transaction Code: M
equity Swap Involved: 0
transaction Timeliness:
transaction Shares: 1369120
id: F3
id: F3
transaction Acquired Disposed Code: A
shares Owned Following Transaction: 9647846
id: F1
direct Or Indirect Ownership: I
nature Of Ownership: See footnote
id: F1

Common Stock, $0.01 par value per share

Owner: Paliou Semiramis
Date: 2026-09-11
Code: M
Action: Exercise or conversion
Quantity: 4610946
Price: Not stated (see footnotes)
Following holdings: 18,210,394
Reporting delay: 5 days
Filed terms and references: Filed terms
security Title: Common Stock, $0.01 par value per share
transaction Date: 2026-09-11
deemed Execution Date:
transaction Form Type: 4
transaction Code: M
equity Swap Involved: 0
transaction Timeliness:
transaction Shares: 4610946
id: F4
id: F4
transaction Acquired Disposed Code: A
shares Owned Following Transaction: 18210394
id: F2
direct Or Indirect Ownership: I
nature Of Ownership: See footnote
id: F2

Warrants (derivative)

Owner: Paliou Semiramis
Date: 2026-09-11
Code: M
Action: Exercise or conversion
Quantity: 807612
Price: Not stated (see footnotes)
Following holdings: 0
Reporting delay: 5 days
Filed terms and references: Filed terms
security Title: Warrants
id: F3
transaction Date: 2026-09-11
deemed Execution Date:
transaction Form Type: 4
transaction Code: M
equity Swap Involved: 0
transaction Timeliness:
transaction Shares: 807612
id: F3
transaction Acquired Disposed Code: D
id: F3
id: F3
underlying Security Title: Common Stock
underlying Security Shares: 1369120
shares Owned Following Transaction: 0
id: F3
direct Or Indirect Ownership: I
nature Of Ownership: See footnote
id: F3

Warrants (derivative)

Owner: Paliou Semiramis
Date: 2026-09-11
Code: M
Action: Exercise or conversion
Quantity: 2719889
Price: Not stated (see footnotes)
Following holdings: 0
Reporting delay: 5 days
Filed terms and references: Filed terms
security Title: Warrants
id: F4
transaction Date: 2026-09-11
deemed Execution Date:
transaction Form Type: 4
transaction Code: M
equity Swap Involved: 0
transaction Timeliness:
transaction Shares: 2719889
id: F4
transaction Acquired Disposed Code: D
id: F4
id: F4
underlying Security Title: Common Stock
underlying Security Shares: 4610946
shares Owned Following Transaction: 0
id: F4
direct Or Indirect Ownership: I
nature Of Ownership: See footnote
id: F4

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.
Paliou Semiramis: Chief Executive Officer, Director, 10% owner.
F1: The shares are held by the Reporting Person indirectly through 4 Sweet Dreams, S.A. ("4SD") as the result of her ability to control the vote and disposition of 4SD. This amount includes 3,585,820 shares awarded to the Reporting Person pursuant to the Issuer's 2014 Equity Incentive Plan (as amended and restated), which are currently unvested.
F2: The shares are held by the Reporting Person indirectly through Tuscany Shipping Corp. ("Tuscany") as the result of her ability to control the vote and disposition of Tuscany.
F3: 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 11, 2026, the Reporting Person, through 4SD, exercised 807,612 Warrants at an exercise price of $1.69527, resulting in the issuance of 1,369,120 shares of Common Stock. The Reporting person no longer owns any warrants through 4SD issued to it through the Warrant Distribution.
F4: 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 11, 2026, the Reporting Person, through Tuscany, exercised 2,719,889 Warrants at an exercise price of $1.69527, resulting in the issuance of 4,610,946 shares of Common Stock. The Reporting person no longer owns any warrants through Tuscany issued to it through the Warrant Distribution.

Original sources

SEC ownership filing

Prepared automatically from public filing data. Report a correction.

Security

Owner

Date

Code

Action

Quantity

Price

Following holdings

Reporting delay

Filed terms and references

Common Stock, $0.01 par value per share

Paliou Semiramis

2026-09-11

Exercise or conversion

1369120

Not stated (see footnotes)

9,647,846

5 days

Filed terms

security Title: Common Stock, $0.01 par value per share
transaction Date: 2026-09-11
deemed Execution Date:
transaction Form Type: 4
transaction Code: M
equity Swap Involved: 0
transaction Timeliness:
transaction Shares: 1369120
id: F3
id: F3
transaction Acquired Disposed Code: A
shares Owned Following Transaction: 9647846
id: F1
direct Or Indirect Ownership: I
nature Of Ownership: See footnote
id: F1

Common Stock, $0.01 par value per share

Paliou Semiramis

2026-09-11

Exercise or conversion

4610946

Not stated (see footnotes)

18,210,394

5 days

Filed terms

security Title: Common Stock, $0.01 par value per share
transaction Date: 2026-09-11
deemed Execution Date:
transaction Form Type: 4
transaction Code: M
equity Swap Involved: 0
transaction Timeliness:
transaction Shares: 4610946
id: F4
id: F4
transaction Acquired Disposed Code: A
shares Owned Following Transaction: 18210394
id: F2
direct Or Indirect Ownership: I
nature Of Ownership: See footnote
id: F2

Warrants (derivative)

Paliou Semiramis

2026-09-11

Exercise or conversion

807612

Not stated (see footnotes)

5 days

Filed terms

security Title: Warrants
id: F3
transaction Date: 2026-09-11
deemed Execution Date:
transaction Form Type: 4
transaction Code: M
equity Swap Involved: 0
transaction Timeliness:
transaction Shares: 807612
id: F3
transaction Acquired Disposed Code: D
id: F3
id: F3
underlying Security Title: Common Stock
underlying Security Shares: 1369120
shares Owned Following Transaction: 0
id: F3
direct Or Indirect Ownership: I
nature Of Ownership: See footnote
id: F3

Warrants (derivative)

Paliou Semiramis

2026-09-11

Exercise or conversion

2719889

Not stated (see footnotes)

5 days

Filed terms

security Title: Warrants
id: F4
transaction Date: 2026-09-11
deemed Execution Date:
transaction Form Type: 4
transaction Code: M
equity Swap Involved: 0
transaction Timeliness:
transaction Shares: 2719889
id: F4
transaction Acquired Disposed Code: D
id: F4
id: F4
underlying Security Title: Common Stock
underlying Security Shares: 4610946
shares Owned Following Transaction: 0
id: F4
direct Or Indirect Ownership: I
nature Of Ownership: See footnote
id: F4

Filing context

Quantities and prices are shown in the units filed. No trade value is inferred from their product.

Paliou Semiramis: Chief Executive Officer, Director, 10% owner.

F1: The shares are held by the Reporting Person indirectly through 4 Sweet Dreams, S.A. ("4SD") as the result of her ability to control the vote and disposition of 4SD. This amount includes 3,585,820 shares awarded to the Reporting Person pursuant to the Issuer's 2014 Equity Incentive Plan (as amended and restated), which are currently unvested.

F2: The shares are held by the Reporting Person indirectly through Tuscany Shipping Corp. ("Tuscany") as the result of her ability to control the vote and disposition of Tuscany.

F3: 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 11, 2026, the Reporting Person, through 4SD, exercised 807,612 Warrants at an exercise price of $1.69527, resulting in the issuance of 1,369,120 shares of Common Stock. The Reporting person no longer owns any warrants through 4SD issued to it through the Warrant Distribution.

F4: 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 11, 2026, the Reporting Person, through Tuscany, exercised 2,719,889 Warrants at an exercise price of $1.69527, resulting in the issuance of 4,610,946 shares of Common Stock. The Reporting person no longer owns any warrants through Tuscany issued to it through the Warrant Distribution.