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Genco Shipping & Trading (NYSE: GNK) RSU settlements and Joseph Adamo sale of 3,227 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144/A

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.

Positive

  • None.

Negative

  • None.

144/A: Filer Information

144/A: Issuer Information

144/A: Securities Information



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


* 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

144/A: Remarks and Signature

FAQ

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.
Genco Shipping & Trading Ltd

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1.04B
31.52M
Marine Shipping
Deep Sea Foreign Transportation of Freight
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United States
NEW YORK