Sec Form 3 Filing - Michalopoulos Andreas Nikolaos @ Performance Shipping Inc. - 2026-04-01

FORM 3 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 Michalopoulos Andreas Nikolaos 2. Issuer Name and Ticker or Trading Symbol Performance Shipping Inc. [ PSHG] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) CEO and Secretary (Last) (First) (Middle) 373 SYNGROU AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 04/01/2026 (Street) PALAIO FALIRO175 64 4. If Amendment, Date Original Filed (MM/DD/YY) 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 shares, par value $0.01 420 I Held through Mitzela Corp. ( 1 ) Common shares, par value $0.01 280 I Held by spouse through Mango Shipping Corp. ( 2 )

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 Series C Preferred Shares ( 5 ) ( 3 ) ( 4 ) Common shares, par value $0.01 1,039,979 I Held through Mitzela Corp. ( 1 ) Series C Preferred Shares ( 5 ) ( 3 ) ( 4 ) Common shares, par value $0.01 24,268,863 I Held by spouse through Mango Shipping Corp. ( 2 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Michalopoulos Andreas Nikolaos 373 SYNGROU AVENUE PALAIO FALIRO175 64 X CEO and Secretary Signatures /s/ Karla von Felbinger, Attorney-in-Fact, pursuant to power of attorney attached hereto 04/01/2026 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Andreas Michalopoulos owns and controls Mitzela Corp. ( 2 )Andreas Michalopoulos' spouse, Aliki Paliou, is a director of the Issuer and owns and controls Mango Shipping Corp. ( 3 )The Series C Preferred Shares are convertible into the Issuer's Common Shares on a at any time at the option of the Reporting Person. ( 4 )The Series C Preferred Shares have no expiration date. ( 5 )Each Series C Preferred Shares is convertible into a number of shares of Issuer's Common Stock, determined by dividing (i) $25.00 plus the amount of any accrued and unpaid dividends thereon by (ii) a conversion price of $1.3576 per Common Share, subject to adjustment from time to time.

Remarks: Exhibit List: 24: Power of Attorney of Andreas Michalopoulos dated March 13, 2026

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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