GENCO director granted 5,545 RSUs in equity award

Orsel Karin Y reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Orsel Karin Y reported acquisition or exercise transactions in this Form 4 filing.

GENCO SHIPPING & TRADING LTD director Karin Y. Orsel reported equity compensation activity involving restricted stock units (RSUs). On June 18, 2026, she received a grant of 5,545 RSUs, each representing the right to receive one share of common stock or its value upon vesting.

The newly granted RSUs generally vest on the earlier of the company’s next annual shareholders meeting following the June 18, 2026 grant date or 14 months after that grant date. The filing also lists several smaller RSU positions tied to prior annual vesting dates from May 2022 through June 2026.

Insider Trade Summary

Grant/Award: 5,545 shares

Grant/Award 6 txns

Insider Orsel Karin Y

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	5,545	$0.00	$0.00
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--

Holdings After Transaction: Restricted Stock Units — 6,103.48 contracts for 558.48 underlying shares (Direct)

Footnotes (7)

1. F1. Each restricted stock unit ("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. F2. These RSUs vested on May 16, 2022.
3. F3. These RSUs vested on May 16, 2023.
4. F4. These RSUs vested on May 23, 2024.
5. F5. These RSUs vested on May 20, 2025.
6. F6. These RSUs vested on June 18, 2026.
7. F7. These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the June 18, 2026 grant date and (ii) the date that is fourteen months after the grant date.

Key Figures

New RSU grant: 5,545 RSUs RSUs tied to 2022 vesting: 134.62 underlying shares RSUs tied to 2023 vesting: 92.55 underlying shares +4 more

7 metrics

New RSU grant 5,545 RSUs Grant date June 18, 2026

RSUs tied to 2022 vesting 134.62 underlying shares RSUs vested on May 16, 2022

RSUs tied to 2023 vesting 92.55 underlying shares RSUs vested on May 16, 2023

RSUs tied to 2024 vesting 125.21 underlying shares RSUs vested on May 23, 2024

RSUs tied to 2025 vesting 115.67 underlying shares RSUs vested on May 20, 2025

RSUs tied to June 18, 2026 vesting 90.43 underlying shares RSUs vested on June 18, 2026

RSU exercise price $0.0000 per unit Restricted stock units convertible into common stock

Key Terms

Restricted Stock Units, Compensation Committee, vest, annual shareholders meeting

4 terms

Restricted Stock Units financial

"Each restricted stock unit ("RSU") represents the right to receive one share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Compensation Committee financial

"in the sole discretion of the issuer's Compensation Committee, the value of a share"

A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.

vest financial

"These RSUs vested on May 16, 2022."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

annual shareholders meeting financial

"vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following"

An annual shareholders meeting is a yearly gathering where owners of a company review its performance, hear presentations from management, ask questions, and vote on important items such as board members, executive pay, and dividend policies. Think of it as a company town hall where votes and discussions can change leadership, strategy or payouts—outcomes that can directly affect a stock’s future performance and an investor’s rights and returns.

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

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Accepted by SEC EDGAR 06/23/2026 - 09:15 PM EDT 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^*

Orsel Karin Y

(Last) (First) (Middle)

C/O GENCO SHIPPING & TRADING LIMITED

299 PARK AVENUE, 12TH FLOOR

(Street)

NEW YORK NEW YORK 10171

(City) (State) (Zip)

UNITED STATES

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026

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

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
Restricted Stock Units	(1)(2)							(2)	(2)	Common Stock	115.67		8,209.28	D
Restricted Stock Units	(1)(3)							(3)	(3)	Common Stock	90.43		6,418.09	D
Restricted Stock Units	(1)(4)							(4)	(4)	Common Stock	125.21		8,886.65	D
Restricted Stock Units	(1)(5)							(5)	(5)	Common Stock	92.55		6,568.53	D
Restricted Stock Units	(1)(6)							(6)	(6)	Common Stock	134.62		9,554.27	D
Restricted Stock Units	(1)(7)	06/18/2026		A		5,545		(7)	(7)	Common Stock	5,545	$0	5,545	D

Explanation of Responses:

1. Each restricted stock unit ("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 16, 2022.

3. These RSUs vested on May 16, 2023.

4. These RSUs vested on May 23, 2024.

5. These RSUs vested on May 20, 2025.

6. These RSUs vested on June 18, 2026.

7. These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the June 18, 2026 grant date and (ii) the date that is fourteen months after the grant date.

	/s/ Karin Y. Orsel	06/23/2026
	** 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.
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* Form 4: SEC 1474 (03-26)