Star Bulk (SBLK) director Weston Gary discloses direct and indirect holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Star Bulk Carriers Corp. director Weston Gary filed an initial ownership report showing his stake in the company. He reports 3,902 common shares held directly and 30,745 common shares held indirectly through a company for which he holds 100% of the economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Weston Gary
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 — 3,902 shares (Direct);
Common shares, par value $0.01 per share — 30,745 shares (Indirect, Reporting person holds 100% of the economic interest of the company holding these shares)
Footnotes (1)
FAQ
What does Weston Gary's Form 3 filing for SBLK show?
The Form 3 shows that director Weston Gary has an existing equity stake in Star Bulk Carriers Corp. (SBLK). It reports both directly held shares and shares held indirectly through a company in which he has full economic interest.
What indirect Star Bulk (SBLK) ownership does Weston Gary report?
Weston Gary reports 30,745 common shares of Star Bulk Carriers Corp. held indirectly. These shares are owned by a company for which he holds 100% of the economic interest, linking their economic value back to him.
Why is Weston Gary's indirect ownership in SBLK important for investors?
Indirect holdings show additional economic exposure to Star Bulk Carriers Corp. beyond shares in his own name. Reporting 30,745 indirectly held shares clarifies his total stake and aligns with disclosure rules for directors and significant insiders.