Company: DSX-PB
Filing Date: 2025-09-15
Form Type: 6-K
Source: 0001562762-25-000232
Chunk: 45

Company: DIANA SHIPPING INC.
Filing Date: 2025-09-15
Form: 6-K
Chunk 45
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$ 1,802 , respectively. During thesix months ended June 30, 2025 and 2024,gain and loss on warrants amounted to$ 515 and$ 6,773 ,respectively,separatelypresentedintheaccompanyingunauditedinterim consolidated statementsof income/(loss). h)IncentivePlan: AsofJune30,2025, 9,144,759 sharesremainedreservedforissuance according to the Company’s incentive plan. Restricted stock as of June 30, 2025 and 2024 is analyzed as follows: Number of Shares Weighted Average Grant Date Price Outstanding as of December 31, 2023 6,793,836 $ 3.45 Granted 2,300,000 2.96 Vested ( 2,996,334) 3.38 Outstanding as of June 30, 2024 6,097,502 $ 3.30 Outstanding as of December 31, 2024 6,097,502 $ 3.30 Granted 2,000,000 1.84 Vested ( 3,134,365) 3.37 Outstanding as of June 30, 2025 4,963,137 $ 2.67 Thefairvalueoftherestrictedshareshasbeendeterminedwithreferencetotheclosingpriceofthe Company’sstockonthedatesuchawardswereapprovedbytheCompany’sboardofdirectors.The aggregate compensationcost isrecognized ratablyin theaccompanying unauditedinterim consolidated statements of income/(loss) over the respective vesting periods. For the six months ended June 30, 2025 a nd2024,compensation costamounted to$ 5,270 and$ 5,007 , respectively,and isincluded ingeneral

DIANA SHIPPING INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

June 30, 2025

(Expressed in thousands of U.S. Dollars – except share, per share

data, unless otherwise stated)

F-18

andadministrativeexpensesintheaccompanyingunauditedinterimconsolidatedstatementsof income/(loss). AsofJune30,2025andDecember31,2024,thetotalunrecognizedcostrelatingtorestrictedshare awards was$ 10,084 and $ 11,674 , respectively.As ofJune 30,2025,