Genco Shipping (GNK) director Regan reports updated RSU and share ownership

Q: What insider transaction did GNK report in this Form 4?

The filing reports that director Arthur L. Regan updated his beneficial ownership in Genco Shipping & Trading Ltd. (GNK) , including common stock and multiple restricted stock unit (RSU) awards, some of which were granted or adjusted on November 24, 2025 .

Q: How many GNK common shares does the reporting person directly own?

The reporting person directly beneficially owns 104,414 shares of Genco Shipping & Trading Ltd. common stock following the reported transactions.

Q: What restricted stock units (RSUs) are disclosed for GNK in this filing?

The filing lists several RSU positions , including an award covering 16,666 shares of common stock and smaller RSU amounts tied to underlying share counts of 61.4, 48, 66.46, 49.13 and 71.46 GNK shares.

Q: When do the GNK restricted stock units vest for this director?

The footnotes state that certain RSUs vested on May 17, 2017 , May 16, 2022 , May 16, 2023 , May 23, 2024 and May 20, 2025 . Another RSU grant generally vests on the earlier of the next annual shareholders meeting after the May 20, 2025 grant date or fourteen months after that grant date.

Q: What does each GNK RSU represent for the reporting person?

Each RSU represents the right to receive one share of GNK common stock or, at the sole discretion of the Compensation Committee, the value of a share of common stock on the vesting date.

Q: Why were additional GNK RSUs granted in this Form 4?

The filing explains that some additional RSUs were granted in lieu of cash dividends on the common stock underlying previously outstanding RSUs. The number of these additional RSUs is calculated by dividing the cash dividend amount by the closing price of GNK common stock on the dividend payment date.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Genco Shipping & Trading Ltd. director Arthur L. Regan reported updated equity holdings in the company. The filing shows he directly beneficially owns 104,414 shares of Genco common stock. In addition, he holds multiple awards of restricted stock units (RSUs), each representing the right to receive one share of common stock or its cash value when the unit vests.

The RSU positions include 16,666 RSUs tied to common stock and smaller RSU amounts linked to prior dividend payments, with underlying share amounts such as 61.4, 48, 66.46, 49.13 and 71.46 shares. The footnotes explain that several RSU grants vested on May 17, 2017, May 16, 2022, May 16, 2023, May 23, 2024 and May 20, 2025, while one award generally vests at the earlier of the next annual shareholders meeting after the May 20, 2025 grant date or fourteen months after that grant date. Additional RSUs were granted in lieu of cash dividends, at a price of $0 per unit.

Insider Trade Summary

7 transactions reported

Mixed 7 txns

Insider REGAN ARTHUR L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	61.4	$0.00	--
Grant/Award	Restricted Stock Units	48	$0.00	--
Grant/Award	Restricted Stock Units	66.46	$0.00	--
Grant/Award	Restricted Stock Units	49.13	$0.00	--
Grant/Award	Restricted Stock Units	71.46	$0.00	--
holding	Restricted Stock Units	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 7,916.36 shares (Direct); Common Stock — 104,414 shares (Direct)

Footnotes (1)

Each 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 restricted stock unit vests. These RSUs vested on May 17, 2017. These RSUs vested on May 16, 2022. These RSUs vested on May 16, 2023. These RSUs vested on May 23, 2024. These RSUs vested on May 20, 2025. These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the May 20, 2025 grant date and (ii) the date that is fourteen months after the grant date. Represents 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 closing price per share of the issuer's common stock on the dividend payment date.

Form 4 Insider Transactions: What Each Field Means →

11/26/2025 - 08:00 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

REGAN ARTHUR L

(Last)

(First)

(Middle)

C/O GENCO SHIPPING & TRADING LIMITED

299 PARK AVENUE, 12TH FLOOR

(Street)

NEW YORK

10171

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
GENCO SHIPPING & TRADING LTD [ GNK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								104,414	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾⁽²⁾							⁽²⁾	⁽²⁾	Common Stock	16,666		16,666	D
Restricted Stock Units	⁽¹⁾⁽³⁾	11/24/2025		A		61.4⁽⁸⁾		⁽³⁾	⁽³⁾	Common Stock	61.4	$0	7,916.36	D
Restricted Stock Units	⁽¹⁾⁽⁴⁾	11/24/2025		A		48⁽⁸⁾		⁽⁴⁾	⁽⁴⁾	Common Stock	48	$0	6,189.08	D
Restricted Stock Units	⁽¹⁾⁽⁵⁾	11/24/2025		A		66.46⁽⁸⁾		⁽⁵⁾	⁽⁵⁾	Common Stock	66.46	$0	8,569.55	D
Restricted Stock Units	⁽¹⁾⁽⁶⁾	11/24/2025		A		49.13⁽⁸⁾		⁽⁶⁾	⁽⁶⁾	Common Stock	49.13	$0	6,334.15	D
Restricted Stock Units	⁽¹⁾⁽⁷⁾	11/24/2025		A		71.46⁽⁸⁾		⁽⁷⁾	⁽⁷⁾	Common Stock	71.46	$0	9,213.35	D

Explanation of Responses:

1. Each 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 restricted stock unit vests.

2. These RSUs vested on May 17, 2017.

3. These RSUs vested on May 16, 2022.

4. These RSUs vested on May 16, 2023.

5. These RSUs vested on May 23, 2024.

6. These RSUs vested on May 20, 2025.

7. These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the May 20, 2025 grant date and (ii) the date that is fourteen months after the grant date.

8. Represents 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 closing price per share of the issuer's common stock on the dividend payment date.

	/s/ Arthur L. Regan	11/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did GNK report in this Form 4?

The filing reports that director Arthur L. Regan updated his beneficial ownership in Genco Shipping & Trading Ltd. (GNK), including common stock and multiple restricted stock unit (RSU) awards, some of which were granted or adjusted on November 24, 2025.

How many GNK common shares does the reporting person directly own?

The reporting person directly beneficially owns 104,414 shares of Genco Shipping & Trading Ltd. common stock following the reported transactions.

What restricted stock units (RSUs) are disclosed for GNK in this filing?

The filing lists several RSU positions, including an award covering 16,666 shares of common stock and smaller RSU amounts tied to underlying share counts of 61.4, 48, 66.46, 49.13 and 71.46 GNK shares.

When do the GNK restricted stock units vest for this director?

The footnotes state that certain RSUs vested on May 17, 2017, May 16, 2022, May 16, 2023, May 23, 2024 and May 20, 2025. Another RSU grant generally vests on the earlier of the next annual shareholders meeting after the May 20, 2025 grant date or fourteen months after that grant date.

What does each GNK RSU represent for the reporting person?

Each RSU represents the right to receive one share of GNK common stock or, at the sole discretion of the Compensation Committee, the value of a share of common stock on the vesting date.

Why were additional GNK RSUs granted in this Form 4?

The filing explains that some additional RSUs were granted in lieu of cash dividends on the common stock underlying previously outstanding RSUs. The number of these additional RSUs is calculated by dividing the cash dividend amount by the closing price of GNK common stock on the dividend payment date.