STOCK TITAN

Star Bulk (NASDAQ: SBLK) affiliate plans sale after $208K 10b5-1 trade

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An affiliate of SBLK filed a Form 144 notice to sell 6,821 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on or after August 17, 2026, listed on NASDAQ. These shares relate to a February 28, 2022 equity incentive award from the issuer.

The filing also notes prior sales under a Rule 10b5-1 plan for Sofia Damigou, including a transaction on July 24, 2026 for 7,500 shares of common stock with aggregate proceeds of $208,500.00.

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Shares proposed for sale 6,821 shares Common stock to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services
Proposed sale aggregate value $198,150.05 Aggregate market value associated with the 6,821 shares of common stock
Earliest sale date 08/17/2026 Date from which the 6,821 shares may be sold
Equity incentive award date 02/28/2022 Date of the issuer equity incentive award related to the 6,821 shares
Recent 10b5-1 sale shares 7,500 shares Common shares sold on 07/24/2026 under a Rule 10b5-1 plan
Recent 10b5-1 sale proceeds $208,500.00 Aggregate proceeds from the 7,500-share sale on 07/24/2026
Form 144 regulatory
"An affiliate of SBLK filed a Form 144 notice to sell 6,821 shares"
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.
Rule 10b5-1 regulatory
"The filing also notes prior sales under a Rule 10b5-1 plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Equity Incentive Award financial
"These shares relate to a February 28, 2022 Equity Incentive Award"
Equity incentive award is a grant of company ownership or the right to buy ownership—such as stock, restricted shares, or options—given to employees, executives, or directors as part of their pay. Investors care because these awards align workers’ interests with shareholders (like giving someone slices of a pie so they try to make the pie bigger), but they also dilute existing ownership and increase reported compensation costs, which can affect share value and earnings per share.
Executive Financial Services financial
"to sell 6,821 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services"

FAQ

What does SBLK’s latest Form 144 filing disclose about planned share sales?

The Form 144 discloses an intention to sell 6,821 shares of SBLK common stock. The proposed sale is through Morgan Stanley Smith Barney LLC Executive Financial Services, with the shares eligible for sale on or after August 17, 2026 on the NASDAQ market.

How many SBLK shares are covered by the new Form 144 notice?

The notice covers 6,821 shares of SBLK common stock. These shares are tied to an equity incentive award dated February 28, 2022, indicating they originated from issuer-granted compensation rather than open-market purchases.

What prior SBLK share sales are referenced in this Form 144?

The filing references a prior sale of 7,500 SBLK shares on July 24, 2026. That transaction, executed under a Rule 10b5-1 plan, generated aggregate proceeds of approximately $208,500.00 for the reporting person.

Who is associated with the 10b5-1 sales mentioned for SBLK in this filing?

The 10b5-1 sales are associated with Sofia Damigou. The filing notes a Rule 10b5-1 plan transaction involving 7,500 shares of SBLK common stock on July 24, 2026, with total proceeds reported as $208,500.00.

How were the SBLK shares proposed for sale originally acquired?

The 6,821 shares proposed for sale were acquired via an Equity Incentive Award from the issuer. The award date is listed as February 28, 2022, indicating the shares came from issuer compensation rather than a third-party purchase.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature