Genco reports RSU settlements and officer sale

Rhea-AI Filing Summary

Genco Shipping & Trading Limited reported insider transactions and RSU settlements in an amended Form 144/A. The excerpt lists multiple restricted stock unit settlements on 02/23/2026 totaling individual grants of 12,784, 22,508, 13,293, 12,842 and 17,059 shares. It also shows a sale by John C. Wobensmith of 18,642 common shares on 02/18/2026 for $433,635.29.

Insights

Corporate Governance Specialist

RSU settlements and an insider sale are administrative disclosures showing equity compensation activity.

The filing lists multiple restricted stock unit settlements on 02/23/2026 with per-grant share counts of 12,784, 22,508, 13,293, 12,842, and 17,059. These entries reflect issuance/settlement of awards rather than an issuer cash raise.

Cash-flow treatment and aggregate plan reserve figures are not shown in the excerpt; subsequent filings may disclose plan-level totals or vesting schedules.

Insider Transactions Compliance Analyst

The amended Form 144/A documents a reported sale by an officer and several RSU settlements, consistent with routine reporting.

The excerpt records a sale by John C. Wobensmith of 18,642 shares on 02/18/2026 for $433,635.29. The RSU settlements are dated 02/23/2026 with specified share counts.

Filing-level compliance items such as broker details, rule citations, or whether transactions were pre-arranged are not included in the provided excerpt.

FAQ

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

What insider sale by GNK is shown in this 144/A?

The filing shows John C. Wobensmith sold 18,642 common shares on 02/18/2026 for $433,635.29. The line lists the sale date, share count, and aggregate sale proceeds.

What RSU settlements does GNK disclose in the amendment?

The amendment lists RSU settlements dated 02/23/2026 with individual share amounts of 12,784, 22,508, 13,293, 12,842, and 17,059. Each line identifies the award settlement and date.

Do the RSU settlements in the excerpt show cash proceeds to the company?

The excerpt lists RSU settlements but does not state any cash proceeds to the company. The entries identify shares settled on 02/23/2026 without describing cash-flow treatment.

Are broker or transaction details provided for the insider sale?

The excerpt provides the seller, sale date, share count, and aggregate amount $433,635.29, but it does not include broker execution details or trade venue information in the provided lines.

Does the filing indicate whether these transactions were pre-arranged or subject to a plan?

The provided excerpt records the RSU settlements and the sale but does not state whether transactions were pre-arranged under a trading plan or subject to an exemption. That information is not shown here.

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

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

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	0001333673
Filer CCC	XXXXXXXX
Previous Accession Number Of The Filing	0001140361-26-006078
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	JOHN C. WOBENSMITH
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	Chairman of the Board, CEO and President

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	57886	1304750.44	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			12784	02/23/2026	N/A
Common Stock	02/23/2026	Settlement of restricted stock unit award	Genco Shipping & Trading Limited			22508	02/23/2026	N/A
Common Stock	02/23/2026	Settlement of restricted stock unit award	Genco Shipping & Trading Limited			13293	02/23/2026	N/A
Common Stock	02/23/2026	Settlement of restricted stock unit award	Genco Shipping & Trading Limited			12842	02/23/2026	N/A
Common Stock	02/23/2026	Settlement of restricted stock unit award	Genco Shipping & Trading Limited			17059	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
John C. Wobensmith Genco Shipping & Trading Limited 299 Park Avenue, 12th Floor New York NY 10171	Common Stock	02/18/2026	18642	433635.29

144/A: Remarks and Signature

Remarks	The reporting person hereby amends his Form 144 filed on February 18, 2026 to reflect an additional 39,244 shares of Common Stock of the issuer to be sold, for a total of 57,886 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/ John C. Wobensmith
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)