SEC Form 4 · accession 0000919574-26-006472
DIANA SHIPPING INC. · DSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anastasios Margaronis
Director
Period of report
Sep 21, 2026
Accepted (ET)
Sep 24, 2026 · 4:56 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001318885
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par value per shareF2,F1 | Sep 21, 2026 | M | 1,695,269 | — | A | 8,658,722 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF2,F1 | — | Sep 21, 2026 | M | 1,000,000 | D | — | — | Common Stock | 1,695,269 | 703,866 | I |
Explanation of responses
- F1The shares are held by the Reporting Person indirectly through Anamar Investments Inc. ("Anamar") as the result of his ability to control the vote and disposition of Anamar. This amount includes 808,408 shares awarded to the Reporting Person pursuant to the Issuer's 2014 Equity Incentive Plan (as amended and restated), which are currently unvested.
- F2On 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 21, 2026, the Reporting Person exercised 1,000,000 Warrants at an exercise price of $1.69527 resulting in the issuance of 1,695,269 shares of Common Stock. The Reporting person currently owns 703,866 warrants through Anamar in the Warrant Distribution which entitles him to 1,193,242 shares of common stock issuable upon the exercise of the warrants.