Genco (GNK) reports RSU settlements; insider sold 3,227 shares

Genco Shipping & Trading Limited filed an amended Form 144/A reporting multiple settlements of restricted stock unit awards of Common Stock on 02/23/2026.

Accepted by SEC EDGAR 02/23/2026 - 09:15 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Genco Shipping & Trading Limited filed an amended Form 144/A reporting multiple settlements of restricted stock unit awards of Common Stock on 02/23/2026. The filing also records a sale by Joseph Adamo of 3,227 shares on 02/18/2026 for $75,077.45.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Genco (GNK) report on Form 144/A?

The filing reports settlements of restricted stock unit awards of Common Stock on 02/23/2026. It also discloses an insider sale of 3,227 shares on 02/18/2026 for $75,077.45.

Who sold shares in the past three months for GNK?

The filing shows Joseph Adamo sold 3,227 shares on 02/18/2026. The reported aggregate sale amount for that transaction was $75,077.45.

What type of securities were settled on 02/23/2026 for GNK?

The filing lists settlements of Common Stock arising from restricted stock unit awards on 02/23/2026. Multiple grant settlement line items are shown in the excerpt.

Does the Form 144/A indicate proceeds go to the issuer or selling holder?

The excerpt identifies a sale by an individual and settlements of restricted stock units; it does not state the filing assigns proceeds to the issuer. Cash‑flow treatment is not specified in the provided excerpt.

Where were the reported transactions executed or listed?

The filing references Common Stock and lists NYSE alongside securities information. Specific execution venues for the individual sale are not detailed in the excerpt.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144/A

144/A: Filer Information

Filer CIK	0001626933
Filer CCC	XXXXXXXX
Previous Accession Number Of The Filing	0001140361-26-006079
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144/A: Issuer Information

Name of Issuer	GENCO SHIPPING & TRADING LTD
SEC File Number	001-33393
Address of Issuer	299 PARK AVENUE 12TH FLOOR NEW YORK NEW YORK 10171
Phone	(646) 443-8550
Name of Person for Whose Account the Securities are To Be Sold	Joseph Adamo
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Chief Accounting Officer, Treasurer, & Controller

144/A: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Jefferies LLC 520 Madison Ave 4th Floor New York NY 10022	9567	215640.18	43577051	02/23/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	02/23/2026	Settlement of restricted stock unit award	Genco Shipping & Trading Limited			6431	02/23/2026	N/A
Common Stock	02/23/2026	Settlement of restricted stock unit award	Genco Shipping & Trading Limited			2557	02/23/2026	N/A
Common Stock	02/23/2026	Settlement of restricted stock unit award	Genco Shipping & Trading Limited			2293	02/23/2026	N/A
Common Stock	02/23/2026	Settlement of restricted stock unit award	Genco Shipping & Trading Limited			2806	02/23/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Joseph Adamo Genco Shipping & Trading Limited 299 Park Avenue, 12th Floor New York NY 10171	Common Stock	02/18/2026	3227	75077.45

144/A: Remarks and Signature

Remarks	The reporting person hereby amends his Form 144 filed on February 18, 2026 to reflect an additional 6,340 shares of Common Stock of the issuer to be sold, for a total of 9,567 shares. The sale of these shares is pursuant to instructions given in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in order to satisfy the reporting person's tax obligations for certain restricted stock units of the issuer that vested on February 23, 2026. Aggregate market value reported is as of February 17, 2026.
Date of Notice	02/23/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	02/28/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Joseph Adamo
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)