Genco Shipping (NYSE: GNK) adds Employee Retention Plan as 8-K exhibit

Rhea-AI Filing Summary

Genco Shipping & Trading Limited filed an updated report mainly to attach its Employee Retention Plan as an exhibit. The plan itself was previously described in an earlier current report filed on February 13, 2026, and that prior description is now formally incorporated by reference.

The new filing is administrative, adding the full plan text as Exhibit 10.1 alongside standard technical materials for electronic reporting.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

 Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  March 27, 2026

GENCO SHIPPING & TRADING LIMITED

(Exact name of registrant as specified in its charter)

Republic of the Marshall Islands	001-33393	98-0439758
(State or other jurisdiction of incorporation or organization)	(Commission file number)	(I.R.S. employer identification no.)

299 Park Avenue
12th Floor
New York, NY (Address of principal executive offices)   10171
(Zip code)

Registrant’s telephone number, including area code:  (646) 443-8550

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company       ☐   

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐

Securities registered pursuant to Section 12(b) of the Act:

	Title of each class		Trading Symbol(s)		Name of exchange on which registered
	Common stock, par value $0.01 per share		GNK		New York Stock Exchange (NYSE)
	Preferred Stock Purchase Rights		N/A		New York Stock Exchange (NYSE)

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Genco Shipping & Trading Limited (the “Company”) is filing today as Exhibit 10.1 to this report a copy of its Employee Retention Plan previously disclosed in its Current Report on Form 8-K filed on February 13, 2026 (the “Prior 8-K”).  The description of the Employee Retention Plan in the Prior 8-K is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.	Description
10.1	Genco Shipping & Trading Limited Employee Retention Plan
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, Genco Shipping & Trading Limited has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

GENCO SHIPPING & TRADING LIMITED

DATE: March 27, 2026

/s/ Peter Allen

Peter Allen

Chief Financial Officer

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EXHIBIT INDEX

Exhibit No.	Description
10.1	Genco Shipping & Trading Limited Employee Retention Plan
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

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FAQ

What did Genco Shipping & Trading Limited (GNK) disclose in this 8-K?

Genco Shipping & Trading Limited filed an 8-K primarily to attach its Employee Retention Plan as Exhibit 10.1. The company references an earlier February 13, 2026 report where the plan’s terms were initially described in more detail for investors.

Is Genco Shipping & Trading Limited’s Employee Retention Plan new in this filing?

The Employee Retention Plan itself is not new in this filing. It was previously disclosed in a February 13, 2026 current report, and this 8-K simply adds the full plan document as an exhibit and incorporates that earlier description by reference.

Which exhibits did Genco Shipping & Trading Limited (GNK) include with this 8-K?

The company included two exhibits: its Employee Retention Plan labeled as Exhibit 10.1, and a Cover Page Interactive Data File labeled as Exhibit 104, which is embedded within the Inline XBRL document used for electronic SEC reporting.

Who signed the latest Genco Shipping & Trading Limited (GNK) 8-K?

The 8-K was signed on behalf of Genco Shipping & Trading Limited by Peter Allen, the company’s Chief Financial Officer. His electronic signature appears on the signature page, confirming the filing under the Securities Exchange Act of 1934.

Does this Genco Shipping & Trading Limited 8-K describe the terms of the retention plan?

The 8-K itself does not restate the plan’s detailed terms. Instead, it incorporates by reference the description contained in a prior February 13, 2026 current report, while attaching the full Employee Retention Plan as Exhibit 10.1 for formal SEC recordkeeping.

Filing Exhibits & Attachments

5 documents

Agreements & Contracts

• EX-10.1 EXHIBIT 10.1 144.4 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 4.2 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 17.1 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 25.7 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 19.2 KB