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Form 3 SAFE BULKERS, INC. For: Mar 18 Filed by: Hajioannou Polys

March 18, 2026 7:56 PM
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Hajioannou Polys

(Last) (First) (Middle)
APT. D11, LES ACANTHES
6, AVENUE DES CITRONNIERS

(Street)
MONACO MC98000

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
SAFE BULKERS, INC. [ SB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 19,426,015
I
See Footnotes (1) (2)
Common Stock 8,555,412
I
See Footnotes (1) (3)
Common Stock 5,400,000
I
See Footnotes (1) (4)
Common Stock 5,000,000
I
See Footnotes (1) (5)
Common Stock 5,000,000
I
See Footnotes (1) (6)
Common Stock 5,000,000
I
See Footnotes (1) (7)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Mr. Hajioannou disclaims any beneficial ownership of any of the equity securities of the Issuer reported on this Form 4 (the "Subject Securities"), except to the extent of any pecuniary interest therein.
2. These Subject Securities are held by Vorini Holdings Inc. ("Vorini"). Mr. Hajioannou is the President and Director of Vorini and may be deemed to be the beneficial owner of the Subject Securities held by Vorini for purposes of Rule 16a-1(a) under the Securities and Exchange Act of 1934, as amended ("Rule 16a-1(a)").
3. These Subject Securities are held by Akamas Maritime Inc. ("Akamas"). Mr. Hajioannou is the President and Director of Akamas and may be deemed to be the beneficial owner of the Subject Securities held by Akamas for purposes of Rule 16a-1(a).
4. These Subject Securities are held by Chalkoessa Maritime Inc. ("Chalkoessa"). Mr. Hajioannou is the President and Director of Chalkoessa and may be deemed to be the beneficial owner of the Subject Securities held by Chalkoessa for purposes of Rule 16a-1(a).
5. These Subject Securities are held by Lefkoniko Maritime Inc. ("Lefkoniko"). Mr. Hajioannou is the President and Director of Lefkoniko and may be deemed to be the beneficial owner of the Subject Securities held by Lefkoniko for purposes of Rule 16a-1(a).
6. These Subject Securities are held by Kyperounta Maritime Inc. ("Kyperounta"). Mr. Hajioannou is the President and Director of Kyperounta and may be deemed to be the beneficial owner of the Subject Securities held by Kyperounta for purposes of Rule 16a-1(a).
7. These Subject Securities are held by Bellapais Maritime Inc. ("Bellapais"). Mr. Hajioannou is the President and Director of Bellapais and may be deemed to be the beneficial owner of the Subject Securities held by Bellapais for purposes of Rule 16a-1(a).
Remarks:
EX-24 - Power of Attorney
s/ Polys Hajioannou 03/18/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

ATTACHMENTS / EXHIBITS

c115869_ex24.htm

Categories

SEC Filings