Sec Form 3/A Filing - Margaronis Anastasios @ DIANA SHIPPING INC. - 2026-03-18

Insider filing report for Changes in Beneficial Ownership
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FORM 3/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Margaronis Anastasios
2. Issuer Name and Ticker or Trading Symbol
DIANA SHIPPING INC. [ DSX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
PENDELIS 16, PALAIO FALIRO
3. Date of Earliest Transaction (MM/DD/YY)
03/18/2026
(Street)
ATHENS175 64
4. If Amendment, Date Original Filed (MM/DD/YY)
03/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.01 par value per share 6,963,453 ( 1 ) I See footnote ( 1 )
Common Stock, $0.01 par value per share 1,044,642 I See footnote ( 2 )
Series B Preferred Shares 132,194 ( 6 ) I See footnote ( 7 )
Series B Preferred Shares 10,500 ( 6 ) I See footnote ( 2 )
Series B Preferred Shares 138,244 ( 6 ) I See footnote ( 5 )
Common Stock, $0.01 par value per share 973,831 I See footnote ( 8 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants ( 3 ) ( 3 ) ( 3 ) Common Stock 2,663,223 ( 3 ) I See footnote ( 3 )
Warrants ( 4 ) ( 4 ) ( 4 ) Common Stock 351,306 ( 4 ) I See footnote ( 4 )
Warrants ( 9 ) ( 9 ) ( 9 ) Common Stock 205,931 ( 9 ) I See footnote ( 9 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Margaronis Anastasios
PENDELIS 16, PALAIO FALIRO
ATHENS175 64
X
Signatures
/s/ Anastasios Margaronis 03/24/2026
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The shares are held by the Reporting Person indirectly through Anamar Investments Inc. ("Anamar") as the result of his ability to control the vote and disposition of Anamar. This amount includes 808,408 shares awarded to the Reporting Person pursuant to the Issuer's 2014 Equity Incentive Plan (as amended and restated), which are currently unvested.
( 2 )The shares are held by the Reporting Person indirectly through ESX Investments Inc. ("ESX") as the result of his ability to control the vote and disposition of ESX.
( 3 )On December 14, 2023, the Issuer distributed a dividend to all shareholders as of the record date, December 6, 2023 (the "Warrant Distribution"). The Issuer distributed one-fifth of a warrant for each issued and outstanding Common Share. The Reporting person currently owns 1,583,866 warrants through Anamar in the Warrant Distribution which entitles him to 2,663,223 shares of common stock issuable upon the exercise of the warrants.
( 4 )On December 14, 2023, the Issuer distributed a dividend to all shareholders as of the record date, December 6, 2023 (the "Warrant Distribution"). The Issuer distributed one-fifth of a warrant for each issued and outstanding Common Share. The Reporting person currently owns 208,928 warrants through ESX in the Warrant Distribution which entitles him to 351,306 shares of common stock issuable upon the exercise of the warrants.
( 5 )The shares are held by Mrs. Maria Margaroni, the spouse of the Reporting Person, indirectly through Coronis Investments Inc. ("Coronis"), as a result of her ability to control the vote and disposition of Coronis. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
( 6 )Each share of 8.875% Series B Cumulative Redeemable Perpetual Preferred Shares ("Series B Preferred Shares") is entitled to a liquidation preference in an amount initially equal to $25.00 per share in cash, plus an amount equal to accumulated and unpaid dividends thereon to the date fixed for payment of such amount (whether or not declared) upon the occurrence of liquidation, dissolution or winding up of the affairs of the Issuer, whether voluntary or involuntary, in accordance with the provisions set forth in the Issuer's Statement of Designation of the Series B Preferred Shares of the Issuer, filed as an exhibit to the Issuer's annual report on Form 20-F.
( 7 )The shares are held by the Reporting Person indirectly through Anamar as the result of his ability to control the vote and disposition of Anamar.
( 8 )Held by Mrs. Maria Margaroni, the spouse of the Reporting Person. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
( 9 )122,471 warrants held by Mrs. Maria Margaroni, the spouse of the Reporting Person, which entitles her to 205,931 shares of common stock issuable upon the exercise of the warrants. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Remarks:
This Form 3 is being amended to include the Series B Preferred Shares the Reporting Person owns, and the Common Stock and Warrants the Reporting Person's spouse, Ms. Maria Margaroni, owns, which were inadvertently omitted from the original filing.

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