Strategic Shipping Inc., 10% Owner at Pangaea Logistics Solutions Ltd. (PANL), bought 143,700 shares at $4.35 ($621K) on 2025-05-16, disclosed to the SEC on 2025-05-19.
Open-market purchase of $621k PANL by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade D.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $4.29 | 75,000 | $322K | 51.8% |
| 2 | $4.35 | 16,966 | $74K | 11.9% |
| 3 | $4.35 | 16,966 | $74K | 11.9% |
| 4 | $4.36 | 17,384 | $76K | 12.2% |
| 5 | $4.36 | 17,384 | $76K | 12.2% |
| Total | $4.32 avg | 143,700 |
| $621K |
| 100% |
| Filing → |
| PANL | BUY | 2025-06-02 | $633K | — | Filing → |
| PANL | BUY | 2025-05-22 | $209K | — | Filing → |
| PANL | BUY | 2025-04-11 | $378K | — | Filing → |