Former Chairperson Semiramis Paliou Reduces Stake, Citing Loss of Influence

summarizeSummary

Semiramis Paliou, a former Chairperson and significant shareholder, reported a reduction in her beneficial ownership of OceanPal Inc. to 19.47%, following her resignation from the board and a series of transactions.

check_boxKey Events

• Beneficial Ownership Reduced

  Reporting persons, led by Semiramis Paliou, decreased their beneficial ownership from 20.00% to 19.47% of OceanPal Inc.'s common stock.

• Former Chairperson Resigned

  Semiramis Paliou resigned as a director and Chairperson of the Board and Executive Committee on October 28, 2025, and no longer has influence over corporate activities.

• Series D Preferred Stock Dispositions

  The reduction in ownership was partly due to the sale of 2,395 shares of Series D Preferred Stock to the Issuer and the tendering of 8,348 shares in the company's tender offer.

auto_awesomeAnalysis

This Schedule 13D/A filing indicates a decrease in beneficial ownership by Semiramis Paliou and affiliated entities, from 20.00% to 19.47% of OceanPal Inc.'s common stock. The filing highlights Paliou's resignation as a director and Chairperson on October 28, 2025, and explicitly states she no longer has influence over the company's corporate activities. This reduction in stake by a former key insider, coupled with the formal acknowledgment of her diminished role, could signal a shift in internal dynamics and investor confidence. The reported transactions contributing to this decrease include the sale of Series D Preferred Stock to the Issuer and the tendering of shares in the company's tender offer, which was finalized on January 13, 2026.