SEC Form 4 · accession 0001140361-26-034515
GENCO SHIPPING & TRADING LTD · GNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Basil G Mavroleon
Director
Period of report
Aug 24, 2026
Accepted (ET)
Aug 26, 2026 · 9:00 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 Stock | holding | — | — | — | 739 | 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 UnitsF14,F1,F2 | — | Aug 24, 2026 | A | 59 | A | — | — | Common Stock | 59 | 1,962 | D |
| Restricted Stock UnitsF14,F1,F3 | — | Aug 24, 2026 | A | 848 | A | — | — | Common Stock | 848 | 28,099 | D |
| Restricted Stock UnitsF14,F1,F4 | — | Aug 24, 2026 | A | 427 | A | — | — | Common Stock | 427 | 14,161 | D |
| Restricted Stock UnitsF14,F1,F5 | — | Aug 24, 2026 | A | 242 | A | — | — | Common Stock | 242 | 8,019 | D |
| Restricted Stock UnitsF14,F1,F6 | — | Aug 24, 2026 | A | 501 | A | — | — | Common Stock | 501 | 16,624 | D |
| Restricted Stock UnitsF14,F1,F7 | — | Aug 24, 2026 | A | 661 | A | — | — | Common Stock | 661 | 21,903 | D |
| Restricted Stock UnitsF14,F1,F8 | — | Aug 24, 2026 | A | 255 | A | — | — | Common Stock | 255 | 8,465 | D |
| Restricted Stock UnitsF14,F1,F9 | — | Aug 24, 2026 | A | 200 | A | — | — | Common Stock | 200 | 6,618 | D |
| Restricted Stock UnitsF14,F1,F10 | — | Aug 24, 2026 | A | 276 | A | — | — | Common Stock | 276 | 9,163 | D |
| Restricted Stock UnitsF14,F1,F11 | — | Aug 24, 2026 | A | 204 | A | — | — | Common Stock | 204 | 6,773 | D |
| Restricted Stock UnitsF14,F1,F12 | — | Aug 24, 2026 | A | 297 | A | — | — | Common Stock | 297 | 9,851 | D |
| Restricted Stock UnitsF14,F1,F13 | — | Aug 24, 2026 | A | 172 | A | — | — | Common Stock | 172 | 5,717 | D |
Explanation of responses
- F1Each restricted stock unit ("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 RSU vests.
- F10These RSUs vested on May 23, 2024.
- F11These RSUs vested on May 20, 2025.
- F12These RSUs vested on June 18, 2026.
- F13These 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.
- F14Represents additional RSUs granted in lieu of the right to receive the amount of cash dividends paid on the common stock underlying the previously outstanding RSUs pursuant to the terms of the governing RSU agreements. The number of additional RSUs is calculated by dividing the amount of the dividend by the 30-trading day trailing volume-weighted average price per share of the issuer's common stock on the dividend payment date.
- F2These RSUs vested on May 18, 2016.
- F3These RSUs vested on May 17, 2017.
- F4These RSUs vested on May 15, 2018.
- F5These RSUs vested on May 15, 2019.
- F6These RSUs vested on July 15, 2020.
- F7These RSUs vested on May 13, 2021.
- F8These RSUs vested on May 16, 2022.
- F9These RSUs vested on May 16, 2023.