Star Bulk (SBLK) director Pappa reports over 3.08M indirectly held shares

Rhea-AI Filing Summary

Star Bulk Carriers Corp. director Milena Maria Pappa has filed an initial statement of beneficial ownership. She reports holding 3,000 common shares directly and 3,085,094 common shares indirectly. The indirect holdings are owned through three corporations in which she holds 100% of the economic interest and has investment control.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Pappa Milena Maria

Role Director

Type	Security	Shares	Price	Value
holding	Common Shares, par value $0.01 per share	--	--	--
holding	Common Shares, par value $0.01 per share	--	--	--

Holdings After Transaction: Common Shares, par value $0.01 per share — 3,000 shares (Direct); Common Shares, par value $0.01 per share — 3,085,094 shares (Indirect, By corporations)

Footnotes (1)

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Accepted by SEC EDGAR 03/17/2026 - 07:46 AM Learn about SEC filing dates

FAQ

What does Milena Maria Pappa’s Form 3 show about her SBLK holdings?

The Form 3 shows that director Milena Maria Pappa beneficially owns 3,000 Star Bulk Carriers common shares directly and 3,085,094 shares indirectly. The indirect shares are held through three corporations she fully owns economically and over which she has investment control.

How many Star Bulk Carriers (SBLK) shares does Milena Maria Pappa hold indirectly?

Milena Maria Pappa indirectly holds 3,085,094 Star Bulk Carriers common shares. These shares are owned through three corporations in which she has 100% economic interest and investment control, giving her effective control over this large block of stock.

How many SBLK shares does Milena Maria Pappa own directly versus indirectly?

She reports 3,000 Star Bulk Carriers common shares held directly and 3,085,094 shares held indirectly. The indirect ownership is through three corporations fully owned economically by her, where she also exercises investment control over the shares.

What does indirect ownership by corporations mean in the SBLK Form 3 filing?

In the SBLK Form 3, indirect ownership means 3,085,094 shares are held by three corporations instead of personally. Milena Maria Pappa has 100% economic interest and investment control in these entities, so she is treated as beneficial owner of those shares.

Is Milena Maria Pappa’s Form 3 for SBLK reporting a new transaction or just holdings?

The Form 3 for Star Bulk Carriers reports beneficial holdings, not specific buy or sell transactions. It discloses that Milena Maria Pappa directly owns 3,000 shares and indirectly owns 3,085,094 shares via three controlled corporations.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Pappa Milena Maria

(Last) (First) (Middle)

40 AG KONSTANTINOU STREET

MAROUSI

(Street)

ATHENS J3 15124

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Star Bulk Carriers Corp. [ SBLK ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares, par value $0.01 per share	3,000	D
Common Shares, par value $0.01 per share	3,085,094	I	By corporations(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares are held by 3 corporations, in which the reporting person indirectly holds 100% of the economic interest and over which the reporting person has investment control.

	Milena Maria Pappa	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.