Diana Shipping sells 10,707 Genco shares at $26

GENCO SHIPPING & TRADING LTD (GNK) reported that major shareholder Diana Shipping Inc., a ten percent owner, sold a total of 10,707 common shares in late August 2026.

Rhea-AI Filing Summary

GENCO SHIPPING & TRADING LTD (GNK) reported that major shareholder Diana Shipping Inc., a ten percent owner, sold a total of 10,707 common shares in late August 2026. The holder sold 2,280 shares on August 28, 2026 at $26.00 per share and 8,427 shares on August 27, 2026 in open-market transactions at a weighted-average price of $26.13 per share, with individual trade prices ranging from $26.00 to $26.39.

Insider Trade Summary

Net Seller: 10,707 shares

Net Sell 2 txns

Insider DIANA SHIPPING INC.

Role 10% Owner

Sold 10,707 shs ($279K)

Type	Security	Shares	Price	Value
Sale	Common Shares	2,280	$26.00	$59K
Sale	Common Shares F1	8,427	$26.13	$220K

Holdings After Transaction: Common Shares — 4,405,585 shares (Direct)

Footnotes (1)

1. F1. The shares were sold in the open market and the price reported is an average price. These shares were sold in multiple transactions at prices ranging from $26.0 to $26.39, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range.

Key Figures

Shares sold August 28, 2026: 2,280 common shares Shares sold August 27, 2026: 8,427 common shares Total shares sold: 10,707 common shares +2 more

5 metrics

Shares sold August 28, 2026 2,280 common shares Non-derivative sale at $26.00 per share

Shares sold August 27, 2026 8,427 common shares Non-derivative open-market sales, weighted-average price $26.13 per share

Total shares sold 10,707 common shares Sum of reported non-derivative sales on August 27–28, 2026

Reported price August 28, 2026 $26.00 per share Sale of 2,280 common shares

Weighted-average price August 27, 2026 $26.13 per share Sale of 8,427 common shares; individual trades $26.00–$26.39

Key Terms

ten percent owner, open market, weighted-average price, non-derivative

4 terms

ten percent owner regulatory

"Diana Shipping Inc. is reported as a ten percent owner of the issuer"

open market market

"The shares were sold in the open market and the price reported is an average"

An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

weighted-average price financial

"price reported is an average price... transactions at prices ranging from $26.0 to $26.39"

Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.

non-derivative financial

"transaction_type is non-derivative for the common share sales"

FAQ

What insider activity did GNK disclose in this Form 4?

GENCO SHIPPING & TRADING LTD disclosed that Diana Shipping Inc., a ten percent owner, sold 10,707 common shares of GNK in two transactions on August 27 and 28, 2026 at prices around $26 per share.

How many GNK shares did Diana Shipping Inc. sell on August 28, 2026?

On August 28, 2026, Diana Shipping Inc. sold 2,280 GNK common shares at a reported price of $26.00 per share in a non-derivative, open-market or private transaction.

What was the sale price range for GNK shares on August 27, 2026?

On August 27, 2026, Diana Shipping Inc. sold 8,427 GNK common shares in open-market trades at prices ranging from $26.00 to $26.39 per share, with a weighted-average price of $26.13 per share reported.

How many total GNK shares did Diana Shipping Inc. sell in this Form 4?

Diana Shipping Inc. reported selling a total of 10,707 GNK common shares, consisting of 8,427 shares sold on August 27, 2026 and 2,280 shares sold on August 28, 2026.

Were the GNK insider sales made under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and the footnotes for these transactions do not state that they were made pursuant to a Rule 10b5-1 trading plan.

Does the Form 4 show Diana Shipping Inc.’s remaining GNK holdings after these sales?

The Form 4 transactions list the shares sold, but the fields for total shares following the transaction are null, so no post-transaction GNK share balance for Diana Shipping Inc. is provided in this data.

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Available on EDGAR 08/31/2026 - 04:44 PM Accepted by SEC EDGAR 08/31/2026 - 04:43 PM Learn about SEC filing dates

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^*

DIANA SHIPPING INC.

(Last) (First) (Middle)

PENDELIS 16

PALAIO FALIRO

(Street)

ATHENS 175 64

(City) (State) (Zip)

GREECE

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	08/27/2026		S		8,427(1)	D	$26.13	4,407,865	D
Common Shares	08/28/2026		S		2,280	D	$26	4,405,585	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares were sold in the open market and the price reported is an average price. These shares were sold in multiple transactions at prices ranging from $26.0 to $26.39, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range.

	/s/ Ioannis Zafirakis, Authorized Representative	08/31/2026
	** 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.
* Form 4: SEC 1474 (03-26)