Genco Shipping details latest insider share moves
GENCO SHIPPING & TRADING LTD (symbol: GNK) is the issuer of record for a Form 4 filing submitted to the SEC.
Rhea-AI Filing Summary
GENCO SHIPPING & TRADING LTD (symbol: GNK) is the issuer of record for a Form 4 filing submitted to the SEC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,405.34 shares
Grant/Award
8 txns
Insider
REGAN ARTHUR L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F3, F9 | 255.34 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F4, F9 | 199.63 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F5, F9 | 276.41 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F6, F9 | 204.31 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F7, F9 | 297.18 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F8, F9 | 172.47 | $0.00 | $0.00 |
| holding | Restricted Stock Units F1, F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 63,253.17 contracts for 16,666 underlying shares (Direct);
Common Stock — 104,414 shares (Direct)
Footnotes (9)
- F1. 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.
- F2. These RSUs vested on May 17, 2017.
- F3. These RSUs vested on May 16, 2022.
- F4. These RSUs vested on May 16, 2023.
- F5. These RSUs vested on May 23, 2024.
- F6. These RSUs vested on May 20, 2025.
- F7. These RSUs vested on June 18, 2026.
- F8. 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.
- F9. 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 30-trading day trailing volume-weighted average price per share of the issuer's common stock on the dividend payment date.
AI-generated analysis. How Rhea-AI works. Not financial advice.