Harry N. Vafias, Imperial Petroleum's Chairman and CEO, and affiliated entities, increased their beneficial ownership in the company to 31.9%. This was disclosed in an amended regulatory filing on June 24, 2026. The filing reports Vafias's total beneficial ownership at 14,266,903 common shares.
The ownership update reflects multiple transactions. These include open-market purchases by an affiliated entity. A family transfer of shares also contributed. Compensatory awards of restricted stock and options to Vafias were also part of the increase.