This is a routine advance notice of a director's intent to sell a relatively small number of shares. No material impact expected. Monitor for actual sale via Form 4 filing, but no immediate trading action warranted.
Price Chart
Executive Summary
Eric Rosenfeld, a director of Pangaea Logistics Solutions Ltd., filed a Form 144 on May 15, 2026, indicating his intent to sell 100,000 common shares. At the current market cap of $541M, this represents a modest stake relative to total shares outstanding, but the filing itself is a routine advance notice of a proposed sale by a non-executive director.
Key Facts
- Reporting owner: Eric Rosenfeld (Director)
- Proposed sale: 100,000 shares of common stock
- Estimated aggregate value: $841,000 (based on filing date price)
- Shares acquired via open market purchase (2014) and director compensation grants (2024-2026)
- Filing date: May 15, 2026
- Total shares outstanding: 65,414,923
Financial Impact
Proposed sale of 100,000 shares valued at approximately $841,000, representing ~0.15% of total shares outstanding.
Risk Factors
- Insider selling ahead of negative catalysts cannot be ruled out, but the small size and director (not executive) status reduce concern.
- Form 144 is only an intent to sell; the sale may not occur.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001628280-26-035499 |
| Document: 0001628280-26-035499-index.html | 0001628280-26-035499 |
| Document: 0001628280-26-035499.txt | 0001628280-26-035499 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 10, 2026 11w ago | Press Release | $6.91 $8.30 | ▼ −20.12% | ▼ −21.17% | $7.98 (−15.48%) |
Jun 8, 2026 20w ago | 8-K | $7.23 $6.84 | ▼ −5.39% | ▼ −7.03% | $7.98 (+10.37%) |
May 15, 2026 23w ago | 144 | $8.19 $7.57 | ▼ −7.57% | ▼ −9.69% | $7.98 (−2.56%) |
May 11, 2026 24w ago | 8-K | $8.64 $7.30 | ▼ −15.51% | ▼ −13.78% | $7.98 (−7.64%) |
Mar 18, 2026 31w ago | Insider Cluster | $7.07 $7.90 | ▲ +11.74% | ▲ +4.11% | $7.98 (+12.87%) |
Mar 18, 2026 31w ago | Insider Cluster | $7.07 $7.90 | ▲ +11.74% | ▲ +4.11% | $7.98 (+12.87%) |
Mar 11, 2026 32w ago | 8-K | $7.22 $7.45 | ▲ +3.26% | ▲ +2.73% | $7.98 (+10.60%) |
US Market Status
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