Common Stock
- Symbol
- PANL
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 5.02 · 8-K
Pangaea Logistics Solutions Ltd.
PANLNASDAQEQUITYCurrent
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 7, 2026, pursuant to 24.1.7 of the Bye-Laws of Pangaea Logistics Solutions Ltd. (the “Company”), Eric S. Rosenfeld, David D. Sgro and Anthony Laura were removed from the Board of Directors of the Company.…
Recent company filings
Registered securities in this filing
PANGAEA LOGISTICS SOLUTIONS LTD. · 8-K · Filed 2026-06-08
Disclosure sections
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 7, 2026, pursuant to 24.1.7 of the Bye-Laws of Pangaea Logistics Solutions Ltd. (the “Company”), Eric S. Rosenfeld, David D. Sgro and Anthony Laura were removed from the Board of Directors of the Company. 24.1.7 of the Company’s Bye-Laws provides that the office of a director shall be vacated if he or she is requested to resign in writing by not less than three quarters of the other directors.
The Board now consists of seven directors. The current Board believes that a seven-person board is appropriate given the Company’s size and strategic priorities, and that, as a seven-person board, they expect to be more efficient, able to engage in more effective discussion and deliberation, and better positioned to make timely decisions in the best interests of shareholders.
We thank our former directors for their many years of service on the Board and wish them well in their future endeavors.