SEC Form 4 · accession 0001140361-26-026132
GENCO SHIPPING & TRADING LTD · GNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paramita Das
Director
Period of report
Jun 18, 2026
Accepted (ET)
Jun 23, 2026 · 9:15 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001326200
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 18, 2026 | M | 9,554 | — | A | 9,554 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F4 | — | Jun 18, 2026 | M | 9,554 | A | — | — | Common Stock | 9,554 | 0 | D |
| Restricted Stock UnitsF5,F2 | — | Jun 18, 2026 | A | 5,545 | A | — | — | Common Stock | 5,545 | 5,545 | D |
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | — | — | Common Stock | 6,569 | 6,569 | D |
Explanation of responses
- F1The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units ("RSUs") upon their vesting as elected by the Reporting Person. RSUs convert into common stock on a one-for-one basis with fractional shares settled in cash.
- F2Each RSU represents the right to receive one share of the issuer's common stock, or in the sole discretion of the issuer's Compensation Committee, the value of a share of common stock on the date that the restricted stock unit vests.
- F3These RSUs vested on May 20, 2025.
- F4These RSUs vested on June 18, 2026.
- F5These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the June 18, 2026 grant date and (ii) the date that is fourteen months after the grant date.