Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
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DIANA SHIPPING INC. (Name of Issuer) |
Common Stock, $0.01 par value per share (Title of Class of Securities) |
Y2066G104 (CUSIP Number) |
Mr. Ioannis Zafirakis Pendelis 16, Palaio Faliro Athens, J3, 175 64 30-210-9470-100 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
12/10/2025 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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| CUSIP No. | Y2066G104 |
| 1 |
Name of reporting person
Semiramis Paliou | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
 (b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
GREECE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
24,825,260.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
20.40 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13D
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| CUSIP No. | Y2066G104 |
| 1 |
Name of reporting person
Tuscany Shipping Corp. | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
MARSHALL ISLANDS
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
18,154,827.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
15.09 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
CO |
SCHEDULE 13D
|
| CUSIP No. | Y2066G104 |
| 1 |
Name of reporting person
4 Sweet Dreams S.A. | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
MARSHALL ISLANDS
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
6,670,433.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
5.69 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
CO |
SCHEDULE 13D
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| Item 1. | Security and Issuer | |
| (a) | Title of Class of Securities:
Common Stock, $0.01 par value per share | |
| (b) | Name of Issuer:
DIANA SHIPPING INC. | |
| (c) | Address of Issuer's Principal Executive Offices:
Pendelis 16, Palaio Faliro, Athens,
GREECE
, 175 64. | |
Item 1 Comment:
This Amendment No. 4 to Schedule 13D (the "Schedule 13D") relates to shares of common stock, par value $0.01 per share (the "Shares"), of Diana Shipping Inc. (the "Issuer"). This Amendment No. 4 to the Schedule 13D is being filed solely to report a change in the Reporting Persons ownership percentage in the Issuer. Item 2 and Item 5(a)-(e) of the Schedule 13D are hereby amended and restated as follows. | ||
| Item 2. | Identity and Background | |
| (a) | This Schedule 13D is being filed on behalf of Semiramis Paliou ("Paliou"), a citizen of Greece, Tuscany Shipping Corp., a Marshall Islands corporation ("Tuscany"), and 4 Sweet Dreams S.A., a Marshall Islands corporation ("4 Sweet Dreams"). Paliou, Tuscany, and 4 Sweet Dreams are collectively referred to as the "Reporting Persons." Paliou is the owner of all of the issued and outstanding shares of Tuscany and 4 Sweet Dreams, and may be deemed to have beneficial ownership of the Shares beneficially owned by Tuscany and 4 Sweet Dreams. | |
| (b) | The principal business address for Reporting Persons is Pendelis 16, 175 64 Palaio Faliro, Athens, Greece. | |
| (d) | The Reporting Persons have not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). | |
| (e) | The Reporting Persons have not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding were not and are not subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws. | |
| (f) | The Reporting Person is a citizen of Greece. | |
| Item 5. | Interest in Securities of the Issuer | |
| (a) | As of December 10, 2025, the Issuer had 115,785,294 Shares outstanding. The following persons report beneficial ownership of the following Shares. | |
| (b) | Tuscany may be deemed to beneficially own 18,154,827 Shares, representing 15.09% of the Issuer's issued and outstanding Shares, which Paliou indirectly may be deemed to beneficially own, as the result of her ability to control the vote and disposition of such entity. The Shares include 4,555,379 shares of common stock issuable to Tuscany upon exercise of 2,719,889 warrants distributed on December 14, 2023. 4 Sweet Dreams S.A. ("4 Sweet Dreams") may be deemed to beneficially own 6,670,433 Shares representing 5.69% of the Issuer's issued and outstanding Shares, which Paliou indirectly may be deemed to beneficially own, as the result of her ability to control the vote and disposition of such entity. The Shares include 1,352,453 shares of common stock issuable to 4 Sweet Dreams upon exercise of 807,512 warrants distributed on December 14, 2023. Therefore, Paliou may be deemed to, indirectly, beneficially own 24,825,260 Shares, representing 20.40% of the Issuer's issued and outstanding shares. The Shares include 6,670,433 shares of common stock upon exercise of 5,907,832 warrants distributed on December 14, 2023. Tuscany has the sole power to vote or direct the vote of 0 shares and has the shared power to vote or direct the vote of 18,154,827 Shares. 4 Sweet Dreams has the sole power to vote or direct the vote of 0 Shares and has the shared power to vote or direct the vote of 6,670,433 Shares. Therefore, Paliou has the sole power to vote or direct the vote of 0 Shares and has the shared power to vote or direct the vote of 24,825,260 Shares. | |
| (c) | Except as otherwise disclosed herein, no transactions in the Shares were effected by the Reporting Persons during the past 60 days. | |
| (d) | No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any of the Shares beneficially owned by the Reporting Persons. | |
| (e) | Not applicable. | |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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Comments accompanying signature:
* The Reporting Persons specifically disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein. |