Star Bulk Carriers (SBLK) director discloses over 2.0M share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Star Bulk Carriers Corp. director Raffaele Zagari filed an initial ownership report showing his stake in the company’s common shares. He reports direct ownership of 31,750 common shares and indirect ownership of 2,003,000 common shares held through two corporations in which he indirectly holds 100% of the economic interest and has investment control. This Form 3 does not report any new buy or sell transactions, only the share positions as of the reporting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zagari Raffaele
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 — 31,750 shares (Direct);
Common shares, par value $0.01 per share — 2,003,000 shares (Indirect, By Corporation)
Footnotes (1)
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FAQ
What does the Form 3 filing by Raffaele Zagari mean for Star Bulk Carriers (SBLK)?
The Form 3 shows director Raffaele Zagari’s existing ownership in Star Bulk Carriers’ common shares. It reports his direct and indirect stakes but does not disclose any recent purchases or sales, serving as an initial statement of beneficial ownership.
Are there any buy or sell transactions disclosed in Raffaele Zagari’s Star Bulk (SBLK) Form 3?
No transactions are disclosed. The Form 3 lists two holding entries with unknown transaction codes, indicating this filing is an initial ownership report of existing positions rather than a record of new purchases, sales, or option exercises.
Does the Form 3 filing suggest any trading plans or derivative positions for Star Bulk (SBLK)?
The filing does not mention trading plans or derivatives. The derivative summary is empty, and the disclosure focuses solely on common share holdings, both directly and through corporations controlled economically by Raffaele Zagari.