STOCK TITAN

Star Bulk insiders subscribe for new shares at €24.50

Star Bulk Carriers reports insider and major shareholder share acquisitions, which are also incorporated by reference into its existing U.S. registration statements.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Star Bulk Carriers Corp. (SBLK) reports that persons discharging managerial responsibilities and entities closely associated with them subscribed for newly issued common, registered, voting shares on September 15, 2026 at €24.50 per share under Greek law 3556/2007 and Regulation (EU) 596/2014. Participants included Augustea MED Ltd., closely associated with director Rafaelle Zagari, acquiring 50,000 shares; Ultima Thule Limited, closely associated with executive director Milena Maria Pappas, acquiring 74,400 shares; and several senior executives and directors acquiring smaller amounts.

The company also received notifications of major holdings from C.K. Limited and Danaos Corporation, reported as regulated information under Greek law 3556/2007. These disclosures are incorporated by reference into Star Bulk’s existing Form F-3 and Form S-8 registration statements, to the extent not later superseded.

Positive

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Subscription price €24.50 per share Price for newly issued common shares subscribed on September 15, 2026
Shares acquired by Augustea MED Ltd. 50,000 shares Entity closely associated with director Rafaelle Zagari
Shares acquired by Ultima Thule Limited 74,400 shares Entity closely associated with executive director Milena Maria Pappas
Shares acquired by Tsiatlino Limited 74,400 shares Entity closely associated with Head of Operations Alexandros Pappas
Shares acquired by Co-Chief Financial Officer Symeon Spyrou 15,000 shares Subscribed for newly issued common shares at €24.50 per share
Shares acquired by Co-Chief Financial Officer Christos Begleris 13,750 shares Subscribed for newly issued common shares at €24.50 per share
persons discharging managerial responsibilities regulatory
"that the following persons discharging managerial responsibilities in the Company"
Persons Discharging Managerial Responsibilities are the key people in a company who make big decisions, like top managers or executives. Knowing who they are is important because their actions can influence the company’s success or failure, and they are often required to share information about their dealings to ensure transparency for investors and the public.
Regulation (EU) 596/2014 regulatory
"pursuant to Greek law 3556/2007 and article 19(3) of Regulation (EU) 596/2014"
Regulation (EU) 596/2014, known as the Market Abuse Regulation, is a set of European rules that stop insider trading and market manipulation by requiring timely public disclosure of important company information and monitoring suspicious trading. Think of it as a referee and scoreboard that forces companies to share game-changing facts and punishes cheating, so prices reflect real information. For investors this increases fairness and confidence that market prices are not distorted by secret advantages.
Private Securities Litigation Reform Act of 1995 regulatory
"The Private Securities Litigation Reform Act of 1995 provides safe harbor protections"
forward-looking statements regulatory
"Matters discussed in this press release may constitute forward looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Environmental, Social and Governance financial
"with respect to our Environmental, Social and Governance (“ESG”) practices"
Environmental, social and governance (ESG) describes how a company manages its impact on the planet, how it treats people and how it is governed. Investors treat ESG like a report card—companies that score well tend to face fewer regulatory, legal and reputational surprises, attract customers and employees more easily, and may deliver steadier long‑term returns, while poor ESG performance can signal added risk to investment value.

FAQ

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

What insider share purchases did SBLK report on September 18, 2026?

Star Bulk reported that several PDMRs and related entities subscribed for newly issued common shares on September 15, 2026 at €24.50 per share, including directors and senior executives acquiring various individual amounts.

At what price were the new Star Bulk (SBLK) shares subscribed by insiders?

The newly issued Star Bulk common shares were subscribed by insiders and closely associated entities at a price of €24.50 per share, according to the September 18, 2026 announcement.

Which Star Bulk director-associated entities acquired the largest share blocks?

Ultima Thule Limited, associated with executive director Milena Maria Pappas, acquired 74,400 shares, and Tsiatlino Limited, associated with Alexandros Pappas, acquired 74,400 shares. Augustea MED Ltd., associated with director Rafaelle Zagari, acquired 50,000 shares.

Which Star Bulk executives personally acquired shares in this transaction?

Individuals reported as acquiring shares include Albert Koert Erhardt (6,000), Nikolaos Karellis (2,000), Charis Plakantonaki (3,000), Nikolaos Rescos (10,000), Symeon Spyrou (15,000), Christos Begleris (13,750), and Rafaelle Zagari (10,000).

How are the September 18, 2026 Star Bulk (SBLK) disclosures used in U.S. securities registrations?

Star Bulk states that the information in Exhibits 99.1 and 99.2 is incorporated by reference into its Registration Statement on Form F-3 (File No. 333-286185) and Form S-8 (File No. 333-176922), to the extent not later superseded.

What did Star Bulk announce about major holdings by C.K. Limited and Danaos Corporation?

Star Bulk announced that, following notifications on September 18, 2026, it reported major holdings by C.K. Limited and Danaos Corporation pursuant to Greek law 3556/2007 as regulated information.

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

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026

Commission File Number: 001-33869

 

 

 

STAR BULK CARRIERS CORP.

(Translation of registrant’s name into English)

 

 

 

Star Bulk Carriers Corp.

c/o Star Bulk Management Inc.

40 Agiou Konstantinou Street,

15124 Maroussi,

Athens, Greece

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F Form 40-F

 

 

 

 
 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

Attached as Exhibit 99.1 to this Form 6-K is a copy of the press release of Star Bulk Carriers Corp. (the “Company”) announcing the receipt of notifications of the acquisition of common shares by persons discharging managerial responsibilities (“PDMRs”) and persons closely associated with PDMRs pursuant to Greek law 3556/2007 and article 19(3) of Regulation (EU) 596/2014 (“Press Release 1”), which was issued on September 18, 2026.

 

Attached as Exhibit 99.2 to this Form 6-K is a copy of the press release of the Company announcing the receipt of notifications of ownership of common shares by C.K. Limited and Danaos Corporation pursuant to Greek law 3556/2007 (“Press Release 2”), which was issued on September 18, 2026.

 

The information contained in Exhibits 99.1 and 99.2 of this Form 6-K is hereby incorporated by reference into the registrant’s Registration Statement on Form F-3 (File No. 333-286185) and Registration Statement on Form S-8 (File No. 333-176922), in each case, to the extent not superseded by information subsequently filed or furnished (to the extent we expressly state that we incorporate such furnished information by reference) by the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934, in each case as amended.

 

 
 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Dated: September 18, 2026

 

  STAR BULK CARRIERS CORP.
   
   
  By: /s/ Simos Spyrou  
    Name: Simos Spyrou  
    Title: Co-Chief Financial Officer  

 

 
 

 

Exhibit

Number

  Description  
       
99.1   Press Release 1 dated September 18, 2026.
99.2   Press Release 2 dated September 18, 2026

 

 

 

Exhibit 99.1

 

 

 

STAR BULK CARRIERS CORP.

 

ANNOUNCEMENT OF REGULATED INFORMATION OF LAW 3556/2007

 

Athens, Greece – September 18, 2026 – Star Bulk Carriers Corp. (the “Company”), following receipt of relevant notifications on 16.09.2026 and 17.09.2026, hereby announces, pursuant to Greek law 3556/2007 and article 19(3) of Regulation (EU) 596/2014, that the following persons discharging managerial responsibilities in the Company (the “PDMRs”) and persons closely associated with PDMRs, on 15 September 2026 acquired common, registered, voting shares in the Company (ISIN: MHY8162K2046), through subscribing for newly issued common shares of the Company, at a price of €24.50 per share, as set out in the table below:

 

PDMR/person closely associated with PDMR Number of common shares acquired
Augustea MED Ltd., an entity closely associated with Rafaelle Zagari, Director of the Board of Directors 50,000
Albert Koert Erhardt, Independent Director of the Board of Directors 6,000
Nikolaos Karellis, Independent Director of the Board of Directors 2,000
Ultima Thule Limited, an entity closely associated with Milena Maria Pappas, Executive Director of the Board of Directors 74,400
Tsiatlino Limited, an entity closely associated with Alexandros Pappas, Head of Operations 74,400
Charis Plakantonaki, Chief Strategy Officer 3,000
Nikolaos Rescos, Chief Operating Officer 10,000
Symeon Spyrou, Co-Chief Financial Officer 15,000
Christos Begleris, Co-Chief Financial Officer 13,750
Rafaelle Zagari, Director of the Board of Directors 10,000

 

Forward-Looking Statements

Matters discussed in this press release may constitute forward looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, shareholder return targets and underlying assumptions and other statements, which are other than statements of historical facts.

 

We desire to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are including this cautionary statement in connection with this safe harbor legislation. Words such as, but not limited to, “believe,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” “targets,” “projects,” “likely,” “will,” “would,” “could,” “should,” “may,” “forecasts,” “potential,” “continue,” “possible” and similar expressions or phrases may identify forward-looking statements.

 

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, examination by our management of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.

 

 
 

 

  

 

In addition, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include general dry bulk shipping market conditions, including fluctuations in charter rates and vessel values; the strength of world economies; the stability of Europe and the Euro; fluctuations in currencies, interest rates and foreign exchange rates; business disruptions due to natural and other disasters or otherwise, such as the impact of any future epidemics; the length and severity of epidemics and pandemics and their impact on the demand for seaborne transportation in the dry bulk sector; changes in supply and demand in the dry bulk shipping industry, including the market for our vessels and the number of newbuildings under construction; the potential for technological innovation in the sector in which we operate and any corresponding reduction in the value of our vessels or the charter income derived therefrom; changes in our expenses, including bunker prices, dry docking, crewing and insurance costs; changes in governmental rules and regulations or actions taken by regulatory authorities; the impact of current and potential additional trade tariffs on global trade and demand for dry bulk shipping; the risk that trade disputes between U.S. and Chinese officials could result in the reimplementation of significant port fees that may impact our fleet; potential liability from pending or future litigation and potential costs due to environmental damage and vessel collisions; the impact of increasing scrutiny and changing expectations from investors, lenders, charterers and other market participants with respect to our Environmental, Social and Governance (“ESG”) practices; our ability to carry out our ESG initiatives and thereby meet our ESG goals and targets; new environmental regulations and restrictions, whether at a global level stipulated by the International Maritime Organization, and/or regional/national imposed by regional authorities such as the European Union or individual countries; potential cyber-attacks which may disrupt our business operations; general domestic and international political conditions or events, including, among others, “trade wars”, the ongoing conflict between Russia and Ukraine, the conflict between Israel and Hamas, the conflict between the United States, Israel and Iran and the attacks in the Strait of Hormuz, the Red Sea and the Gulf of Aden; the impact on our common shares and reputation if our vessels were to call on ports located in countries that are subject to restrictions imposed by the U.S. or other governments; our ability to successfully compete for, enter into and deliver our vessels under time charters or other employment arrangements for our existing vessels after our current charters expire and our ability to earn income in the spot market; potential physical disruption of shipping routes due to accidents, climate-related reasons (acute and chronic), political events, public health threats, international hostilities and armed conflicts, piracy or acts by terrorists; the availability of financing and refinancing; the failure of our contract counterparties to meet their obligations; our ability to meet requirements for additional capital and financing to complete our newbuilding program and grow our business; the impact of our indebtedness and the compliance with the covenants included in our debt agreements; vessel breakdowns and instances of off-hire; potential exposure or loss from investment in derivative instruments; potential conflicts of interest involving our Chief Executive Officer, his family and other members of our senior management; our ability to complete acquisition transactions or secondhand vessel purchases as and when planned and upon the expected terms; and the impact of port or canal congestion or disruptions. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.

 

 

 

 

 

Exhibit 99.2

 

 

 

 

STAR BULK CARRIERS CORP.

 

ANNOUNCEMENT OF MAJOR HOLDINGS ACCORDING TO LAW 3556/2007

 

Athens, Greece – September 18, 2026 – Star Bulk Carriers Corp. (the “Company”), following receipt of relevant notifications on 18.09.2026 from C.K. Limited and Danaos Corporation, hereby announces the following, pursuant to Greek law 3556/2007:

-In accordance with a notification submitted by the company under the corporate name C.K. Limited (for itself and on behalf of AHI Aegis Holdings Limited, GHL Greenwich Limited, Greenwich Holdings Limited and Famatown Finance Limited), on 15.09.2026 (date of admission of the Company’s common shares to trading on Euronext Athens), Famatown Finance Ltd., a company incorporated in Cyprus, directly held 13,571,000 common shares in the Company, representing 11.69% of the Company's total voting rights. Greenwich Holdings Limited, a company incorporated in Cyprus, is the sole shareholder of Famatown Finance Limited. GHL Greenwich Limited, a company incorporated in Jersey, is the sole shareholder of Greenwich Holdings Limited. AHI Aegis Holdings Limited, a company incorporated in Jersey, holds 99.9% of the share capital of GHL Greenwich Limited. Each of (a) GHL No. 1 Trust and (b) GHL No. 2 Trust, two trusts established in Jersey (collectively, the “Trusts”) holds 50% of the share capital of AHI Aegis Holdings Limited. The Trusts are discretionary and irrevocable and have been established by Mr. John Freriksen for the benefit of certain family members. C.K. Limited, a company incorporated in Jersey, is the trustee of the Trusts. The beneficiaries of the Trusts have no authority or control over the actions of C.K. Limited, as trustee of the Trusts. The Board of Directors of C.K. Limited exercises independently and at its sole discretion, the voting rights indirectly held by the Trusts in the Company. C.K. Limited is not ultimately subject to the independent control of any individual, natural person or legal entity.
-In accordance with a notification submitted by the company under the corporate name Danaos Corporation, on 15.09.2026 (date of admission of the Company’s common shares to trading on Euronext Athens), Danaos Corporation directly held 6,256,181 Common Shares, representing 5.39% of the Company’s total voting rights. Danaos Corporation is not controlled by any person, and its shares of common stock are listed and traded on the New York Stock Exchange.

 

Forward-Looking Statements

 

Forward-Looking Statements

Matters discussed in this press release may constitute forward looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, shareholder return targets and underlying assumptions and other statements, which are other than statements of historical facts.

 

We desire to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are including this cautionary statement in connection with this safe harbor legislation. Words such as, but not limited to, “believe,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” “targets,” “projects,” “likely,” “will,” “would,” “could,” “should,” “may,” “forecasts,” “potential,” “continue,” “possible” and similar expressions or phrases may identify forward-looking statements.

 

 
 

 

 

 

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, examination by our management of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.

 

In addition, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include general dry bulk shipping market conditions, including fluctuations in charter rates and vessel values; the strength of world economies; the stability of Europe and the Euro; fluctuations in currencies, interest rates and foreign exchange rates; business disruptions due to natural and other disasters or otherwise, such as the impact of any future epidemics; the length and severity of epidemics and pandemics and their impact on the demand for seaborne transportation in the dry bulk sector; changes in supply and demand in the dry bulk shipping industry, including the market for our vessels and the number of newbuildings under construction; the potential for technological innovation in the sector in which we operate and any corresponding reduction in the value of our vessels or the charter income derived therefrom; changes in our expenses, including bunker prices, dry docking, crewing and insurance costs; changes in governmental rules and regulations or actions taken by regulatory authorities; the impact of current and potential additional trade tariffs on global trade and demand for dry bulk shipping; the risk that trade disputes between U.S. and Chinese officials could result in the reimplementation of significant port fees that may impact our fleet; potential liability from pending or future litigation and potential costs due to environmental damage and vessel collisions; the impact of increasing scrutiny and changing expectations from investors, lenders, charterers and other market participants with respect to our Environmental, Social and Governance (“ESG”) practices; our ability to carry out our ESG initiatives and thereby meet our ESG goals and targets; new environmental regulations and restrictions, whether at a global level stipulated by the International Maritime Organization, and/or regional/national imposed by regional authorities such as the European Union or individual countries; potential cyber-attacks which may disrupt our business operations; general domestic and international political conditions or events, including, among others, “trade wars”, the ongoing conflict between Russia and Ukraine, the conflict between Israel and Hamas, the conflict between the United States, Israel and Iran and the attacks in the Strait of Hormuz, the Red Sea and the Gulf of Aden; the impact on our common shares and reputation if our vessels were to call on ports located in countries that are subject to restrictions imposed by the U.S. or other governments; our ability to successfully compete for, enter into and deliver our vessels under time charters or other employment arrangements for our existing vessels after our current charters expire and our ability to earn income in the spot market; potential physical disruption of shipping routes due to accidents, climate-related reasons (acute and chronic), political events, public health threats, international hostilities and armed conflicts, piracy or acts by terrorists; the availability of financing and refinancing; the failure of our contract counterparties to meet their obligations; our ability to meet requirements for additional capital and financing to complete our newbuilding program and grow our business; the impact of our indebtedness and the compliance with the covenants included in our debt agreements; vessel breakdowns and instances of off-hire; potential exposure or loss from investment in derivative instruments; potential conflicts of interest involving our Chief Executive Officer, his family and other members of our senior management; our ability to complete acquisition transactions or secondhand vessel purchases as and when planned and upon the expected terms; and the impact of port or canal congestion or disruptions. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.

Filing Exhibits & Attachments

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