Star Bulk’s Pappas reports indirect 2,454,750-share stake

Star Bulk Carriers Corp. executive Pappas Alexandros, listed as Head of Operations, has filed an initial ownership statement detailing his holdings of the company’s common shares.

Rhea-AI Filing Summary

Star Bulk Carriers Corp. executive Pappas Alexandros, listed as Head of Operations, has filed an initial ownership statement detailing his holdings of the company’s common shares. The filing shows 3,000 shares held directly and 2,454,750 shares held indirectly "by corporations".

According to the disclosure, the indirect position is held through three corporations in which he holds 100% of the economic interest and over which he has investment control. This Form 3 functions as a baseline record of his ownership rather than a report of new share purchases or sales.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Pappas Alexandros

Role Insider

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 — 2,454,750 shares (Indirect, By corporations)

Footnotes (1)

1. F1. These shares are held by 3 corporations, in which the reporting person directly holds 100% of the economic interest and over which the reporting person has investment control.

FAQ

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

What does the Form 3 for Star Bulk Carriers (SBLK) report for Pappas Alexandros?

The Form 3 reports Pappas Alexandros’ existing ownership in Star Bulk common shares. It lists 3,000 shares held directly and 2,454,750 shares held indirectly through corporations he fully owns and controls economically, establishing a baseline of his stake.

How many Star Bulk (SBLK) shares does Pappas Alexandros hold directly and indirectly?

Pappas Alexandros holds 3,000 Star Bulk common shares directly. He also has an indirect interest in 2,454,750 shares held by three corporations where he owns 100% of the economic interest and exercises investment control, according to the disclosure.

How are the indirect Star Bulk (SBLK) holdings of Pappas Alexandros structured?

The filing states that 2,454,750 Star Bulk common shares are held by three corporations. Pappas Alexandros directly owns 100% of the economic interest in these corporations and has investment control over them, so their share positions are reported as his indirect holdings.

Does the Star Bulk (SBLK) Form 3 for Pappas Alexandros show any recent share transactions?

The data provided show only holding entries and no buy or sell transactions. Form 3 filings generally record a person’s existing ownership when they first become subject to reporting, serving as an initial snapshot rather than a trade report.

What is the role of Pappas Alexandros at Star Bulk Carriers (SBLK) in this ownership filing?

In this filing, Pappas Alexandros is identified as Head of Operations, not as a director or 10% owner. The Form 3 focuses on disclosing his direct and indirect holdings of Star Bulk’s common shares at the time he became a reporting person.

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

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Accepted by SEC EDGAR 03/17/2026 - 11:41 AM Learn about SEC filing dates

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^*

Pappas Alexandros

(Last) (First) (Middle)

40 AG. KONSTANTINON 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)

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

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	2,454,750	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 directly holds 100% of the economic interest and over which the reporting person has investment control.

	Pappas Alexandros	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.