{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-016596","form_type":"8-K","ticker":"PANL","cik":"0001606909","company_name":"Pangaea Logistics Solutions Ltd.","filed_at":"2026-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.629410+00:00","generated_at":"2026-05-15T14:49:00.951507+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Pangaea Q4 net income $11.9M, TCE $17,773/day (+11% YoY); declares $0.05 dividend","bullets":["GAAP net income of $11.9M ($0.19 diluted EPS); adjusted net income of $10.1M ($0.16).","Revenue $183.9M; TCE rate $17,773/day, up 11% YoY and 19% above Baltic indices.","Shipping days rose 26% to 6,025 driven by the late-2024 acquisition of 15 handy-size vessels.","Quarterly cash dividend of $0.05/share declared, payable March 13, 2026; also agreed to sell Bulk Xaymaca for $9.6M.","CEO Mads Boye Petersen highlighted smooth leadership transition and unchanged strategic direction."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-016596","json":"https://secwatch.observer/filing/0001628280-26-016596.json","markdown":"https://secwatch.observer/filing/0001628280-26-016596.md","text":"https://secwatch.observer/filing/0001628280-26-016596.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1606909/000162828026016596/0001628280-26-016596-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1606909/000162828026016596/panl-20260310.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T14:49:00.951507+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":"7d1eec3313410420fe8fad74600d52542bdfc31b","claim":"Pangaea Logistics Solutions Ltd. reported the three months ended December 31, 2025 results: revenue $183.9 million, net income $10.1 million, EPS $0.16 per share.","evidence_excerpt":"Pangaea reported non-GAAP adjusted net income of $10.1 million, or $0.16 per share, on total revenue of $183.9 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1606909/000162828026016596/0001628280-26-016596-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 31, 2025"},{"label":"Revenue","value":"$183.9 million"},{"label":"Net income","value":"$10.1 million"},{"label":"EPS","value":"$0.16 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}