[Form 4] GENCO SHIPPING & TRADING LTD Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HAINES KATHLEEN C reported acquisition or exercise transactions in this Form 4 filing.
GENCO SHIPPING & TRADING LTD director Kathleen C. Haines reported new equity compensation in the form of restricted stock units (RSUs) on June 18, 2026. She received grants of 5,545 RSUs tied to her service as Lead Independent Director and 2,054 RSUs as an annual grant to independent directors. Each RSU represents the right to receive one share of common stock, generally vesting on the earlier of the next annual shareholders meeting after the grant date or August 18, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
12 transactions reported
Mixed
12 txns
Insider
HAINES KATHLEEN C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,054 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 5,545 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| 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 — 2,054 shares (Direct, null)
Footnotes (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. These RSUs vested on May 15, 2018. These RSUs vested on May 15, 2019. These RSUs vested on July 15, 2020. These RSUs vested on May 13, 2021. 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 vested on June 18, 2026. Represents RSUs granted annually in connection with the Reporting Person's service as Lead Independent Director of the Issuer's Board of Directors. 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) August 18, 2027 (the date that is fourteen months after the grant date). Represents RSUs granted annually to independent directors generally. 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) August 18, 2027 (the date that is fourteen months after the grant date).
