Welcome to our dedicated page for GENCO SHIPPING & TRADING SEC filings (Ticker: GNK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Genco Shipping & Trading Ltd. filings document formal disclosures for a Marshall Islands drybulk shipowner whose common stock trades on the NYSE under GNK. Recent Form 8-K reports cover financial results, time charter equivalent rate updates, material definitive agreements, credit agreement amendments, and exhibits tied to operating and financing announcements.
The filing record also includes governance and capital-structure disclosures, including amendments to a shareholder rights agreement, preferred stock purchase rights, employee retention and severance arrangements with change-in-control provisions, and annual-meeting and proxy-related matters.
GENCO SHIPPING & TRADING LTD Chairman, CEO, and President John C. Wobensmith reported multiple equity award events on February 23, 2026. Several grants of restricted stock units (RSUs) were exercised or converted at $0.00 per unit into common stock, consistent with prior award terms.
Following these conversions, his directly held common stock position rose before he executed an open-market sale of 39,244 common shares at a weighted average price of $23.66 per share, within a range of $23.19–$24.07. According to the footnotes, this sale was made under a pre-established Rule 10b5-1 trading plan to satisfy tax obligations arising from RSUs that vested on February 23, 2026.
After the sale, he directly owned 564,617 common shares, along with 41,770 RSUs and 69,284 options that remain subject to multi-year vesting or exercisability schedules tied to past grant dates.
Genco Shipping & Trading Chief Commercial Officer Jesper Christensen reported multiple equity award settlements and a related stock sale. On February 23, 2026, restricted stock units vested and were settled into shares of common stock, consistent with his compensation program. The filing shows an open-market sale of 18,450 shares of common stock at a weighted average price of $23.66 per share, executed under a pre-established Rule 10b5-1 trading plan to cover tax obligations from the vesting RSUs. After these transactions, Christensen directly held 98,299 shares of common stock and 24,863 restricted stock units, which generally vest in annual installments over three to five years from their respective grant dates.
Genco Shipping & Trading Limited reported multiple restricted stock unit settlements dated 02/23/2026, with individual settlement lots shown in the filing, including 10,101 shares and 9,646 shares. The filing also shows a prior sale by Jesper Christensen on 02/18/2026 of 8,260 shares.
Genco Shipping & Trading Limited reported insider transactions and RSU settlements in an amended Form 144/A. The excerpt lists multiple restricted stock unit settlements on 02/23/2026 totaling individual grants of 12,784, 22,508, 13,293, 12,842 and 17,059 shares. It also shows a sale by John C. Wobensmith of 18,642 common shares on 02/18/2026 for $433,635.29.
GENCO SHIPPING & TRADING LTD Chief Financial Officer Allen Peter George reported multiple equity award transactions. He exercised restricted stock units and options into common stock, including 2,178 options that were approaching their February 23, 2027 expiry and were exercised on a cashless basis.
Following these conversions, he acquired common shares and then sold 13,315 shares of common stock in open-market transactions at weighted average prices of $23.63 and $23.66 per share. The sales were executed under a pre-existing Rule 10b5-1 trading plan and were used to satisfy tax obligations related to vested restricted stock units. After the transactions, he directly held 66,702 shares of common stock and 24,863 restricted stock units.
Genco Shipping & Trading Limited submitted a Form 144/A disclosing transfers of Common Stock tied to settlements of restricted stock unit awards dated 02/23/2026. The filing also records a sale by Peter Allen of 6,232 shares on 02/18/2026 for $145,028.61.
Examples shown include RSU settlement quantities of 10,101 and 5,962 shares dated 02/23/2026.
Genco Shipping & Trading Limited filed an amended Form 144/A reporting multiple settlements of restricted stock unit awards of Common Stock on 02/23/2026. The filing also records a sale by Joseph Adamo of 3,227 shares on 02/18/2026 for $75,077.45.
Genco Shipping & Trading CFO equity transactions: Chief Financial Officer Peter George Allen reported multiple share and unit movements. On February 18, 2026, he acquired 12,983 shares of common stock at $0.00 per share as an equity award and then sold 6,232 shares of common stock at a weighted average price of $23.27 per share. The sale was executed under a pre-established Rule 10b5-1 trading plan to cover tax obligations arising from performance restricted stock units that vested the same day, leaving him with 52,002 common shares directly held. On February 16, 2026, he was granted 24,863 restricted stock units, each representing one share of common stock or its value upon vesting, with various RSU and option holdings subject to multi-year vesting schedules.
GENCO SHIPPING & TRADING LTD Chairman, CEO, and President John C. Wobensmith reported both equity awards and a share sale. On February 18, 2026, he acquired 37,284 shares of common stock at $0.00 per share as a grant/award tied to performance restricted stock units that vested. That same day he sold 18,642 shares of common stock in open-market transactions at a weighted average price of $23.26 per share, under a pre-established Rule 10b5-1 trading plan, to satisfy tax obligations for vested performance restricted stock units. Following these transactions, his directly held common stock position was 525,375 shares. The filing also shows outstanding restricted stock unit and option holdings with scheduled vesting and exercisability dates over multiple future anniversaries of February 23.
GENCO SHIPPING & TRADING LTD Chief Commercial Officer Jesper Christensen reported a mix of equity awards and share sales. On February 18, 2026, he acquired 17,208 shares of common stock at $0.00 per share as a grant or award, increasing his common stock holdings to 86,571 shares.
On the same date, he sold 8,260 common shares in an open-market transaction at a weighted average price of $23.27 per share, leaving 78,311 common shares held directly. The sale was executed under a pre-established Rule 10b5-1 trading plan to cover tax obligations related to vesting performance restricted stock units.
On February 16, 2026, he also received 24,863 restricted stock units as an award. Each restricted stock unit represents the right to receive one share of common stock or its cash value upon vesting, with various RSU grants scheduled to vest in equal installments on anniversaries of February 23, 2022–2026, subject to blackout or trading restrictions.