Star Bulk Carriers (NASDAQ: SBLK) amends insider share ownership
Rhea-AI Filing Summary
Star Bulk Carriers Corp. director Arne Blystad filed an amended insider report. The amendment relates to a previously reported 12 June 2026 purchase of 7,580 common shares and corrects a mathematical error in adding the amount of securities beneficially owned, updating his direct holdings to 115,533 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,580 shares
Net Buy
1 txn
Insider
Blystad Arne
Role
Director
Bought
7,580 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common shares, par value $0.01 per share F1 | 7,580 | $0.00 | $0.00 |
Holdings After Transaction:
Common shares, par value $0.01 per share — 115,533 shares (Direct)
Footnotes (1)
- F1. Correcting a mathematical error which was just discovered in the addition of the amount of securities beneficially owned, pursuant to the reported transaction of 06/12/2026.
Key Figures
Shares purchased: 7,580 shares
Shares owned after transaction: 115,533 shares
Reported transactions: 1
3 metrics
Shares purchased
7,580 shares
Common shares acquired on June 12, 2026
Shares owned after transaction
115,533 shares
Direct beneficial ownership after corrected June 12, 2026 trade
Reported transactions
1
Single non-derivative purchase reported in this Form 4/A
Key Terms
beneficially owned, non-derivative, Rule 10b5-1
3 terms
beneficially owned financial
"correcting a mathematical error in the amount of securities beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
non-derivative financial
"The transaction was reported as involving a non-derivative security"
Rule 10b5-1 regulatory
"aff_10b5_one is the filing’s document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SBLK director Arne Blystad report in this Form 4/A?
Arne Blystad reported a previously disclosed purchase of 7,580 common shares of Star Bulk Carriers on June 12, 2026. The amended Form 4/A corrects his reported share ownership totals after that transaction, rather than changing the underlying trade details.
Why was this Star Bulk Carriers (SBLK) Form 4/A amendment filed?
The amendment was filed to correct a mathematical error in adding the amount of securities beneficially owned after the June 12, 2026 transaction. It clarifies the correct post-transaction holdings, not the size or nature of the original share purchase.
Does the amended SBLK Form 4/A change the size of the insider purchase?
No, the amended Form 4/A still reflects a purchase of 7,580 common shares on June 12, 2026. The change concerns only the calculated total shares beneficially owned after that trade, which has been corrected to 115,533 shares due to a math error.
Was the SBLK insider transaction reported under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction, indicating the reported June 12, 2026 purchase was not affirmatively designated as made under a Rule 10b5-1 trading arrangement in this amended report.