Star Bulk director plans $315K share sale

A Star Bulk Carriers Corp. director filed a Rule 144 notice to resell 10,000 common shares received as a stock award.

Rhea-AI Filing Summary

Star Bulk Carriers Corp. (SBLK) is the issuer for which director Balakrishnan Mahesh has filed a notice of proposed resale of restricted securities under Rule 144. The notice covers the planned sale of 10,000 shares of common stock through Fidelity Brokerage Services LLC on NASDAQ.

The shares derive from a stock award granted on November 28, 2024 as compensation from the issuer. The filing cites an aggregate market value of $315,500 for the shares and references total common shares outstanding of 113,424,507 as context.

Key Figures

Shares to be sold: 10,000 shares Aggregate market value: $315,500 Shares outstanding: 113,424,507 shares +2 more

5 metrics

Shares to be sold 10,000 shares Common stock covered by the Rule 144 notice

Aggregate market value $315,500 Estimated value of 10,000 common shares to be sold

Shares outstanding 113,424,507 shares Star Bulk Carriers Corp. common shares outstanding as cited

Planned sale date September 18, 2026 Date associated with the proposed Rule 144 sale

Stock award grant date November 28, 2024 Date the compensatory stock award underlying the 10,000 shares was granted

Key Terms

Rule 144, Stock Award, attorney-in-fact, compensation

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Stock Award financial

"Common Stock | 11/28/2024 | Stock Award | Issuer"

attorney-in-fact regulatory

"as attorney-in-fact for Balakrishnan Mahesh"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

compensation financial

"10000 | 11/28/2024 | Compensation"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Star Bulk Carriers Corp. (SBLK)?

It discloses that director Balakrishnan Mahesh has given notice of a proposed sale of 10,000 shares of Star Bulk Carriers Corp. common stock under Rule 144, to be executed through Fidelity Brokerage Services LLC on NASDAQ.

How many SBLK shares are covered by this Form 144 and what is their value?

The notice covers 10,000 shares of Star Bulk Carriers Corp. common stock, with an aggregate market value listed as $315,500 in the filing.

What is the source of the Star Bulk (SBLK) shares to be sold under this Form 144?

The 10,000 shares to be sold are identified as a Stock Award received from the issuer, Star Bulk Carriers Corp., on November 28, 2024 as compensation.

Who is selling Star Bulk Carriers Corp. (SBLK) shares and through which broker?

The person is director Balakrishnan Mahesh. The filing shows the securities held at and to be sold through Fidelity Brokerage Services LLC, with NASDAQ listed as the trading market.

How many Star Bulk (SBLK) common shares are outstanding according to this Form 144?

The Form 144 cites 113,424,507 shares of Star Bulk Carriers Corp. common stock as outstanding, providing context for the proposed 10,000-share Rule 144 sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/18/2026 - 02:35 PM Accepted by SEC EDGAR 09/18/2026 - 02:34 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001624829
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Star Bulk Carriers Corp.
SEC File Number	001-33869
Address of Issuer	C/O STAR BULK MANAGEMENT INC. 40 AGIOU KONSTANTINOU STR, MAROUSSI ATHENS GREECE 14124
Phone	011-30-210-617-8400
Name of Person for Whose Account the Securities are To Be Sold	Balakrishnan Mahesh
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Fidelity Brokerage Services LLC 245 Summer Street Boston MA 02110	10000	315500.00	113424507	09/18/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	11/28/2024	Stock Award	Issuer			10000	11/28/2024	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	09/18/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Dylan Troy as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Balakrishnan Mahesh
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)