SVRN OceanPal Inc. Insider Trading

Co-CEO Ternullo buys 500 SVRN shares at $10.35, increasing stake 50% to 1,500 shares

Ternullo Salvatore J., Co-Chief Executive Officer, purchased 500 shares of OceanPal Inc. at $10.35 on 2026-04-17, raising his holdings from 1,000 to 1,500 shares—a 50% increase in position size. This represents his third consecutive buy at SVRN within five trading days (prior buys on 2026-04-16 and 2026-04-13), concentrated activity spanning a $5.2K cumulative commitment. The current price of $10.08 sits 66.8% below the 52-week high of $30.40 and represents a 104.2% gain over the prior 30 days, placing the purchase within a volatile recovery window rather than at absolute lows. Without measurable 90-day outcomes for either of the prior same-ticker trades, the pattern of consecutive small purchases cannot yet be assessed for timing accuracy at this specific ticker.

Co-CEO Ternullo doubles SVRN holdings to 1,000 shares via $5,390 purchase at $10.78 on 2026-04-16

Salvatore J. Ternullo, Co-Chief Executive Officer of OceanPal Inc., purchased 500 shares at $10.78 on 2026-04-16, doubling his post-transaction holdings to 1,000 shares from 500 shares prior. The transaction value totaled $5,390.00. This purchase occurred just 3 days after a prior buy on 2026-04-13 at the same ticker, indicating consecutive accumulation activity within a short window. However, the stock currently trades at $10.58 (near the transaction price), having declined -65.2% from its 52-week high of $30.40 and down -55.9% over the 90-day period, suggesting the stock remains under significant pressure despite the insider's recent acquisitions. With only 1 prior open-market buy on his cross-ticker track record and no prior measurable 90-day outcomes at SVRN to establish a pattern, this filing provides limited evidence of insider conviction relative to broader market or historical context.

OceanPal Co-CEO Salvatore Ternullo buys 500 shares at $10.88; stock at $12.10, down -60.2% from 52-week high.

Ternullo's initial open-market purchase of 500 shares at $10.88 adds a position where he previously held none, acquiring a meaningful stake in the company he co-leads. The stock currently trades at $12.10, representing a near-term gain above his purchase price, though the security remains -60.2% from its 52-week high of $30.40. The timing occurs after a volatile period with 90-day decline of -47.8%, followed by strong 30-day recovery of +72.1%. As a company insider and co-CEO, this buy carries inherent information asymmetry, though the absolute transaction size ($5.4K) is modest relative to the company's $90.8M market cap.