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.
The Genco Shipping & Trading Limited (NYSE: GNK) SEC filings page provides access to the company’s regulatory disclosures as a U.S. domestic filer incorporated in the Republic of the Marshall Islands. Through documents filed with the U.S. Securities and Exchange Commission, investors can review details about Genco’s drybulk shipping operations, capital structure, governance, and risk factors.
Genco’s Form 8-K current reports highlight material events such as quarterly financial results, amendments to its revolving credit facility, adoption and amendment of a limited duration shareholder rights plan, and governance changes including the appointment of a Lead Independent Director. Certain 8-K filings also furnish press releases that discuss time charter equivalent (TCE) performance, voyage revenues, and commentary on drybulk freight market conditions.
Annual reports on Form 10-K and quarterly reports on Form 10-Q (accessed via this page) provide broader context on Genco’s fleet of Newcastlemax, Capesize, Ultramax, and Supramax vessels, its focus on transporting iron ore, coal, grain, steel products, bauxite, cement, and nickel ore, and its comprehensive value strategy centered on dividends, deleveraging, and growth. These filings also include the company’s risk factor disclosures, accounting policies, and segment information.
Users can also review filings related to shareholder rights and capital markets activity, including the Rights Agreement and its amendment, which describe thresholds for an acquiring person, the concept of a Grandfathered Shareholder and 13G Investor, and the mechanics of the rights plan. Real-time updates from EDGAR combined with AI-powered summaries help explain the key points of lengthy documents, making it easier to understand how new credit agreements, governance changes, or market updates may affect Genco’s drybulk shipping business.
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
On the same date, he sold 8,260 common shares in an open-market transaction at a weighted average price of
On
GENCO SHIPPING & TRADING LTD’s Chief Accounting Officer Joseph Adamo reported a mix of stock awards and sales. On February 18, 2026, he acquired 7,170 shares of common stock upon vesting of performance restricted stock units, then sold 3,227 shares at a weighted average price of
Genco Shipping & Trading Limited files its annual report describing a New York City-based, pure-play drybulk ship owner focused on global seaborne transport of iron ore, coal, grain, bauxite, steel products and other cargoes. After two expected Newcastlemax deliveries in March 2026, the fleet will comprise 45 Capesize, Ultramax and Supramax vessels with about 5,044,000 dwt and an average age of 12.7 years.
Since 2021, the company has reduced debt by $249.2 million to a balance of $200 million as of December 31, 2025 and reports total liquidity of $455.5 million, including $55.5 million of cash and $400 million of undrawn revolver availability under an upsized $600 million revolving credit facility maturing July 10, 2030. Genco highlights 26 consecutive quarterly dividends totaling $7.565 per share, active chartering across spot and time charters, and extensive discussion of regulatory, environmental, safety and cybersecurity requirements affecting its operations.
Genco Shipping & Trading Limited reported stronger Q4 2025 results but a weaker full year. For the quarter, net income was $15.4 million, or $0.35 per share, on revenue of $109.9 million, up from $99.2 million a year earlier. Fleet TCE rose to $20,064 per day, and adjusted EBITDA reached $42.0 million, the highest Q4 levels since 2022.
For the full year 2025, Genco recorded a net loss of $4.4 million versus net income of $76.4 million in 2024, as revenue declined to $342.1 million from $423.0 million and TCE fell to $15,502 per day. EBITDA dropped to $82.6 million from $155.4 million.
The company declared a $0.50 per share Q4 2025 dividend, its highest since 2022 and 26th consecutive quarterly payout, based on a formula of 100% of operating cash flow less a $19.5 million reserve. Genco is expanding its fleet with three 2020-built Capesize/Newcastlemax vessels and has exercised an $80 million accordion on its revolving credit facility, targeting a 45‑vessel fleet and maintaining low leverage.