SBLK (SBLK) holder files to sell 5,000 shares under Rule 144 plan
Rhea-AI Filing Summary
A shareholder of the issuer with ticker SBLK has filed a Rule 144 notice for a proposed sale of 5,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate value of $139,800.00 as of the filing details, expected on 08/06/2026.
The shares derive from an Employee Stock Unit Award dated 09/16/2020. The filing also lists prior Rule 10b5-1 plan sales over the past three months by Nikolaos Reskos, covering several dates and share amounts.
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Key Figures
Planned shares to be sold: 5,000 shares
Aggregate value of planned sale: $139,800.00
Award grant date: 09/16/2020
+4 more
7 metrics
Planned shares to be sold
5,000 shares
Common stock under Rule 144 scheduled for 08/06/2026
Aggregate value of planned sale
$139,800.00
Value reported for 5,000-share Rule 144 transaction
Award grant date
09/16/2020
Employee Stock Unit Award from which the 5,000 shares derive
10b5-1 sale 1
5,000 shares; $144,950.00
Common stock sale on 07/30/2026 by Nikolaos Reskos
10b5-1 sale 2
20,000 shares; $539,200.00
Common stock sale on 06/11/2026 by Nikolaos Reskos
10b5-1 sale 3
30,000 shares; $826,100.00
Common stock sale on 05/21/2026 by Nikolaos Reskos
10b5-1 sale 4
33,103 shares; $868,179.15
Common stock sale on 05/18/2026 by Nikolaos Reskos
Key Terms
Rule 144, 10b5-1, Employee Stock Unit Award, Executive Financial Services
4 terms
Rule 144 regulatory
"Form 144 notice of proposed sale of securities under 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.
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
"Common | 09/16/2020 | Employee Stock Unit Award | Issuer"
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 144 filing for SBLK disclose?
The Form 144 filing discloses a planned sale of 5,000 common shares of the issuer’s stock, with an aggregate value of $139,800.00, to be executed on 08/06/2026 through Morgan Stanley Smith Barney LLC Executive Financial Services.
Which broker is handling the planned SBLK Rule 144 stock sale?
The planned SBLK Rule 144 sale is to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza. This broker is listed for the 5,000-share common stock transaction scheduled for 08/06/2026.
What prior 10b5-1 sales of SBLK stock are reported for Nikolaos Reskos?
The filing lists several Rule 10b5-1 sales by Nikolaos Reskos, including 30,000 shares on 05/21/2026 for $826,100.00, 33,103 shares on 05/18/2026 for $868,179.15, and additional trades on other dates with specified share counts and dollar amounts.