Director Files Intent to Sell $841K in Shares
PANL sits 93% above its 52-week low of $4.215.
Summary
A director at Pangaea Logistics Solutions has filed to sell $841,000 worth of company stock, adding to a recent pattern of insider distribution.
Key Events · Ownership and Investor Activity · PANL
-
Director Files Intent to Sell
Director Eric Rosenfeld filed a Form 144 to sell 100,000 shares of common stock.
-
Significant Value
The proposed sale is valued at approximately $841,000, representing 0.16% of the company's market capitalization.
-
Timing After Positive Earnings
This intent to sell follows the company's recent report of strong Q1 2026 financial results on May 11, 2026.
Analysis · PANL · Energy & Transportation
Director Eric Rosenfeld has filed a Form 144 indicating his intent to sell 100,000 shares of common stock, valued at approximately $841,000. This proposed sale represents a notable disposition by an insider, following recent positive Q1 earnings. The shares include both open market purchases and director compensation grants, adding to a pattern of insider distribution observed over the last 90 days.
How filings like this one have moved
In the 30 days to Oct 4, 2026, 29.2% of the 1581 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.60%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PANL was trading at $8.14 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $532.5M. The 52-week trading range was $4.22 to $9.39. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.