Nikolaos Reskos sells SBLK shares under 10b5-1 plan (SBLK)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
SBLK: Nikolaos Reskos reported proposed or completed sales of Common Stock via a 10b5-1 plan and other dispositions. The filing lists multiple transactions on 05/18/2026, 05/19/2026, 05/20/2026, 04/14/2026, and 04/15/2026, with individual share amounts and proceeds shown per date.
Positive
- None.
Negative
- None.
Insights
Director-level sales via a pre-arranged plan were reported.
The excerpt lists multiple dispositions by Nikolaos Reskos, some explicitly labeled "10b5-1 Sales," indicating at least part of the activity was conducted under a pre-arranged trading plan. Reported rows include dates, share counts, and gross proceeds.
Timing and amounts are factual in the excerpt; subsequent filings may show net holdings or additional context such as remaining beneficial ownership.
Key Figures
Sale on 05/18/2026: 33,103 shares
Proceeds on 05/18/2026: $868,179.15
Sale on 05/20/2026: 9,914 shares
+3 more
6 metrics
Sale on 05/18/2026
33,103 shares
reported sale on 05/18/2026
Proceeds on 05/18/2026
$868,179.15
gross proceeds from 33,103-share sale
Sale on 05/20/2026
9,914 shares
10b5-1 sale on 05/20/2026
Proceeds on 05/20/2026
$263,234.55
gross proceeds from 9,914-share sale
Sale on 05/19/2026
86 shares
10b5-1 sale on 05/19/2026
Awarded shares
30,000 shares
Employee Stock Unit Award dated 09/16/2020
Key Terms
10b5-1, Employee Stock Unit Award, Form 144
3 terms
10b5-1 regulatory
"10b5-1 Sales for NIKOLAOS RESKOS 40 Agiou Konstantinou Street"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Employee Stock Unit Award financial
"Employee Stock Unit Award | Issuer | 30000 | 09/16/2020"
Form 144 regulatory
"form_type: "144" in metadata"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What sales did Nikolaos Reskos report for SBLK?
The filing lists multiple sales by Nikolaos Reskos, including 33,103 shares on 05/18/2026 for $868,179.15 and 9,914 shares on 05/20/2026 for $263,234.55, with additional smaller sales on 04/14/2026, 04/15/2026, and 05/19/2026.
Were any of the SBLK transactions made under a 10b5-1 plan?
Yes. The excerpt explicitly labels some transactions as 10b5-1 Sales, including entries on 05/18/2026, 05/19/2026, and 05/20/2026, indicating those trades were effected under a pre-arranged trading plan.
What proceeds were reported for the largest sale listed?
The largest single line in the excerpt shows $868,179.15 for 33,103 shares on 05/18/2026, as reported in the provided table of transactions.
Does this filing state how these sales affect Reskos's remaining holdings?
The excerpt provides per-transaction share counts and gross proceeds but does not state the post-transaction beneficial ownership balance or remaining holdings in the visible content.