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.
John C. Wobensmith, Chairman, CEO and President of Genco Shipping & Trading Limited (GNK), reported option exercises and sales on September 8-9, 2025. He exercised options to acquire 168,539 shares at an exercise price of $7.06, increasing his beneficial ownership to 674,370 shares immediately after the exercise. To cover the cashless exercise and tax obligations, 65,885 shares were withheld and additional shares were sold.
Subsequent sales on September 8 and 9, 2025 included 65,885 shares withheld for the cashless exercise and market sales of 52,000 and 10,752 shares at weighted average prices in ranges from $18.00–$18.18, leaving final reported beneficial ownership of 545,733 shares. The filing also discloses outstanding options and restricted stock units totaling the listed amounts.
Form 144/A filed for Genco Shipping & Trading Limited (GNK) reports a proposed sale of 62,752 shares of common stock through Jefferies LLC on the NYSE with an aggregate market value of $1,133,301, targeted on 09/09/2025. The filing shows the shares were acquired on 09/08/2025 via a stock option exercise (cashless exercise) totaling 168,539 shares acquired from Genco Shipping & Trading Limited, with payment dated 09/08/2025. The filer named for a prior sale on 09/08/2025 is John C. Wobensmith, who sold 52,000 shares for gross proceeds of $936,301.60. The notice includes a signer representation that no undisclosed material adverse information exists.
Form 144/A filed for Genco Shipping & Trading Limited (GNK) reports a proposed sale of 62,752 shares of common stock through Jefferies LLC on the NYSE with an aggregate market value of $1,133,301, targeted on 09/09/2025. The filing shows the shares were acquired on 09/08/2025 via a stock option exercise (cashless exercise) totaling 168,539 shares acquired from Genco Shipping & Trading Limited, with payment dated 09/08/2025. The filer named for a prior sale on 09/08/2025 is John C. Wobensmith, who sold 52,000 shares for gross proceeds of $936,301.60. The notice includes a signer representation that no undisclosed material adverse information exists.
Form 144/A filed for Genco Shipping & Trading Limited (GNK) reports a proposed sale of 62,752 shares of common stock through Jefferies LLC on the NYSE with an aggregate market value of $1,133,301, targeted on 09/09/2025. The filing shows the shares were acquired on 09/08/2025 via a stock option exercise (cashless exercise) totaling 168,539 shares acquired from Genco Shipping & Trading Limited, with payment dated 09/08/2025. The filer named for a prior sale on 09/08/2025 is John C. Wobensmith, who sold 52,000 shares for gross proceeds of $936,301.60. The notice includes a signer representation that no undisclosed material adverse information exists.
Form 144/A filed for Genco Shipping & Trading Limited (GNK) reports a proposed sale of 62,752 shares of common stock through Jefferies LLC on the NYSE with an aggregate market value of $1,133,301, targeted on 09/09/2025. The filing shows the shares were acquired on 09/08/2025 via a stock option exercise (cashless exercise) totaling 168,539 shares acquired from Genco Shipping & Trading Limited, with payment dated 09/08/2025. The filer named for a prior sale on 09/08/2025 is John C. Wobensmith, who sold 52,000 shares for gross proceeds of $936,301.60. The notice includes a signer representation that no undisclosed material adverse information exists.
Genco Shipping & Trading Ltd (GNK) Form 144 discloses a proposed sale of 14,000 common shares through Jefferies LLC on the NYSE with an aggregate market value of $249,200. The securities listed were acquired mainly by stock option exercises dated 09/08/2025 and by restricted stock unit settlements dated 02/23/2024. The filing shows no reported sales by the same person in the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.
GENCO Shipping & Trading Ltd (GNK) filed a Form 144 notifying a proposed sale of 52,000 shares of common stock via Jefferies LLC with an aggregate market value of $925,600. The filing shows approximately 43,114,470 shares outstanding and an approximate sale date of 09/08/2025. The same date, 09/08/2025, is listed as the acquisition date for 168,539 shares via a stock option exercise from Genco Shipping & Trading Limited, with the exercise described as a cashless exercise (cash paid in lieu of surrender of fractional share). The filer reports no securities sold in the past three months and includes the required representation about absence of undisclosed material information.
James G. Dolphin, a director of GENCO SHIPPING & TRADING LTD (GNK), ceased board service on August 26, 2025 and became entitled to receive previously granted restricted stock units (RSUs) that converted one-for-one into common stock (fractional shares settled in cash). These RSUs vested on various prior dates from July 17, 2015 through May 20, 2025, with one tranche accelerated immediately before his departure. The Form 4 reports a series of share issuances on August 26, 2025, resulting in 155,006 shares shown as beneficially owned following the reported transactions. The filing states no new equity awards were granted in connection with his departure.
GENCO SHIPPING & TRADING LIMITED (GNK) filed a Current Report on Form 8-K reporting a corporate governance amendment. The report indicates an event date of August 25, 2025 (reported August 27, 2025) and lists as an exhibit a Fifth Amendment to the Amended and Restated By-Laws dated August 26, 2025. The registrant is organized in the Republic of the Marshall Islands and its common stock (GNK) trades on the New York Stock Exchange. The filing includes the cover page interactive data file and identifies Exhibit 3.1 as the by-law amendment document.
Paramita Das, a director of GENCO SHIPPING & TRADING LTD (GNK), reported two RSU-related transactions dated 08/25/2025. The Form 4 shows acquisition entries for restricted stock units that resulted in holdings of 6,285.02 and 9,141.89 shares of common stock following the reported transactions. The entries list a $0 price, indicating these were equity awards rather than market purchases.
Footnotes state each RSU converts to one share on vesting; one group of RSUs vested on May 20, 2025, and the other group vests at the earlier of the next annual shareholders meeting or fourteen months after grant. Additional RSUs were issued in lieu of cash dividends, calculated by dividing the dividend amount by the closing share price on the dividend date.
Arthur L. Regan, a director of GENCO SHIPPING & TRADING LTD (GNK), filed a Form 4 reporting insider transactions dated 08/25/2025 and signed 08/26/2025. The filing shows a disposition of 104,414 shares of common stock. It also discloses restricted stock unit (RSU) activity: 16,666 RSUs previously vested (dated May 17, 2017) are reported as beneficially owned or disposed, and multiple RSU awards were recorded on 08/25/2025 that convert to underlying common stock amounts of 7,854.96, 6,141.08, 8,503.09, 6,285.02, and 9,141.89 shares respectively. The RSU explanations state vesting dates for prior grants (2017, 2022, 2023, 2024, 2025) and note that certain RSUs may be settled in cash or stock and include additional RSUs issued in lieu of dividends.
Kathleen C. Haines, a director of Genco Shipping & Trading Ltd (GNK), reported the vesting and resulting receipt of multiple restricted stock units (RSUs). On 08/25/2025 the filing records the acquisition (vesting) of nine RSU tranches that convert into common stock or equivalent value. Each vested tranche is shown with the number of common shares credited following the transaction: 115.54, 65.42, 135.64, 178.71, 69.06, 54, 74.76, 55.26, and 80.38 shares, corresponding to 13,140.7; 7,441; 15,426.51; 20,325.85; 7,854.96; 6,141.08; 8,503.09; 6,285.02; and 9,141.89 shares reported as beneficially owned following each vested tranche. The RSUs reflect prior grants that vested on specified dates between 2018 and 2025, and include additional RSUs granted in lieu of dividend cash payments as described in the explanations. The form is signed by Kathleen C. Haines on 08/26/2025.
James G. Dolphin, a director of GENCO SHIPPING & TRADING LTD (GNK), reported changes in beneficial ownership on Form 4. The filing shows multiple grants of Restricted Stock Units (RSUs) recorded as acquisitions on 08/25/2025. Each RSU represents the right to receive one share of common stock (or cash at the Compensation Committee's discretion). The RSUs listed vested on various prior dates from July 17, 2015 through May 20, 2025, and additional RSUs were credited to reflect dividends. Following these reported acquisitions Mr. Dolphin beneficially owned approximately 155,011 shares-equivalent of common stock resulting from vested RSUs.