Gyrodyne LLC (GYRO) 13F Positioning & Ownership Changes (Q2 2026)

Gyrodyne, LLC (GYRO) disclosed in an 8-K that COO Peter Pitsiokakos has signed a separation agreement, with his employment ending effective October 2, 2026. He will receive his base salary through that date plus a $100,000 lump-sum severance payment. The company says his departure will save about $620,000 over the remainder of its liquidation, which it expects to finish by the end of 2028, and that after he leaves only one full-time employee will remain to handle the wind-down.