SAFE BULKERS, INC. SCHEDULE 13D/A filed 2026-09-11
- Accession
- 0000930413-26-002879
- Cik
- 1434754
- Company name
- SAFE BULKERS, INC.
- Date filed
- 2026-09-11
- Form
- SCHEDULE 13D/A
- Index url
- https://www.sec.gov/Archives/edgar/data/1434754/000093041326002879/0000930413-26-002879-index.htm
- Txt url
- https://www.sec.gov/Archives/edgar/data/1434754/0000930413-26-002879.txt
Plain-English summary
SAFE BULKERS, INC., listed on the NYSE under the tickers SB, SB-PC and SB-PD, is the subject of a SCHEDULE 13D/A filed on 2026-09-11 under accession 0000930413-26-002879. The excerpt holds two exhibits and does not include the main body of the amended Schedule 13D. The number of shares held by the reporting persons, their percentage ownership, and any stated purpose for the amendment are not in the filing excerpt.
Exhibit 99.8 is a joint filing agreement under Rule 13d-1(k)(1), dated the 11th day of September, 2026. The signatories are VORINI HOLDINGS INC., Polys Hajioannou individually, BELLAPAIS MARITIME INC., KYPEROUNTA MARITIME INC., LEFKONIKO MARITIME INC., AKAMAS MARITIME INC., CHALKOESSA MARITIME INC. and MOUTOULAS SHIPPING CORPORATION. Polys Hajioannou signs for each entity as President and Director. Each signatory is responsible for the information about itself but not for the information about the others. The agreement's own text says it is to be included as Exhibit 99.7, although it appears in the filing labeled Exhibit 99.8.
Exhibit 99.9 matters more to anyone following the company's share count. It is a lock-up agreement dated September 9, 2026, signed by Polys Hajioannou as Chief Executive Officer. It is addressed to Piraeus Bank S.A., DNB Carnegie, a part of DNB Bank ASA, and Fearnley Securities AS, the Managers under a Placing Agreement for an offering of newly issued common stock. For 180 days from the admission of the New Shares to trading on Euronext Athens and the NYSE, he agrees not to sell, pledge, transfer, hedge through swaps, or publicly announce an intention to dispose of shares without the Managers' prior written consent. That consent is not to be unreasonably withheld or delayed.
The lock-up has several exceptions. It allows acceptance of a general, takeover or tender offer or a merger proposal, and transfers under an issuer buyback made on identical terms to all shareholders. It also allows transfers required by law, regulation or a court, and intra-group transfers or transfers to existing shareholders, provided the transferee is bound for the rest of the period. The Managers may release any locked-up securities at any time without notice. The offering size, price, proceeds, use of proceeds and admission date are not in the filing excerpt, and the excerpt skips from exception (B) to (D) with no item (C).
Based on: title, date, text, form, company_name, date_filed, accession, sec:entity:1434754.tickers, sec:entity:1434754.exchanges