{"schema_version":"secwatch.filing_event.v1","accession":"0001606909-21-000119","form_type":"8-K","ticker":"PANL","cik":"0001606909","company_name":"Pangaea Logistics Solutions Ltd.","filed_at":"2021-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.302402+00:00","generated_at":"2026-06-28T10:44:51.559687+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Pangaea Q3 net income jumps to $27M, EPS $0.60; interim chairman appointed","bullets":["Net income $27.0M ($0.60 diluted EPS) vs $7.6M ($0.17) a year ago; adjusted net income $21.7M.","Revenue $213M, +105% YoY; TCE rate $28,770/day vs $13,316/day.","Adjusted EBITDA $33.6M vs $15.4M in prior-year quarter.","Quarterly dividend $0.035/sh declared, payable Dec 15 to holders of record Dec 1.","Purchased 2009-built Panamax for $19.9M (Q1 2022 delivery); Richard du Moulin appointed interim chairman due to Ed Coll's sick leave."],"urls":{"canonical":"https://secwatch.observer/filing/0001606909-21-000119","json":"https://secwatch.observer/filing/0001606909-21-000119.json","markdown":"https://secwatch.observer/filing/0001606909-21-000119.md","text":"https://secwatch.observer/filing/0001606909-21-000119.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1606909/000160690921000119/0001606909-21-000119-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1606909/000160690921000119/panl-20211109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T10:44:51.559687+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"852debd013","claim":"Richard du Moulin was appointed as interim Chairman of the Board of Directors at Pangaea Logistics Solutions Ltd..","evidence_excerpt":"On November 8, 2021, the Board of Pangaea Logistics Solutions Ltd. appointed Richard du Moulin to serve as the Company's interim Chairman of the Board of Directors, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1606909/000160690921000119/0001606909-21-000119-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"interim Chairman of the Board of Directors"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}