Star Bulk Carriers (SBLK) director receives 19,500 restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Capralos Spyridon reported acquisition or exercise transactions in this Form 4 filing.
Star Bulk Carriers Corp. director Spyridon Capralos reported an equity compensation grant and updated share holdings. On June 12, 2026, he received a grant of 19,500 restricted common shares at $0.00 per share, issued under a restricted stock agreement.
The footnote states these restricted shares vest in full on November 20, 2026, subject to the agreement’s terms and conditions. Following this grant, Capralos holds 245,456 common shares directly and 118,720 common shares indirectly through an entity in which he owns 100% of the economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Capralos Spyridon
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common shares, par value $0.01 per share | 19,500 | $0.00 | -- |
| holding | Common shares, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common shares, par value $0.01 per share — 245,456 shares (Direct, null);
Common shares, par value $0.01 per share — 118,720 shares (Indirect, Reporting person holds 100% of the economic interest of the company holding these shares)
Footnotes (1)
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Key Figures
Restricted stock grant: 19,500 shares
Grant price: $0.00 per share
Direct holdings after grant: 245,456 shares
+2 more
5 metrics
Restricted stock grant
19,500 shares
Grant of restricted common shares on June 12, 2026
Grant price
$0.00 per share
Reported transaction price for restricted stock award
Direct holdings after grant
245,456 shares
Total common shares directly owned after June 12, 2026 grant
Indirect holdings
118,720 shares
Common shares held indirectly through an entity with 100% economic interest
Vesting date
November 20, 2026
Full vesting date for the 19,500 restricted shares
Key Terms
restricted stock, grant, award, or other acquisition, indirect ownership, economic interest
4 terms
restricted stock financial
"Represents a grant of shares of restricted stock issued pursuant to a restricted stock agreement"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
indirect ownership financial
"ownership_type": "indirect"
economic interest financial
"Reporting person holds 100% of the economic interest of the company holding these shares"
An economic interest is a right to receive money or other financial benefits from an asset, contract, or business activity without necessarily owning or controlling it; examples include a share of profits, royalties, dividend rights, or scheduled payments. Investors care because it determines who gets cash flow and bears risk — like collecting rent on a house you don’t legally own — and it affects valuation, expected returns, and how exposure to an investment is structured.
FAQ
What did Star Bulk Carriers (SBLK) director Spyridon Capralos report on this Form 4?
Spyridon Capralos reported a new equity award and updated holdings. He disclosed a grant of restricted common shares of Star Bulk Carriers and his resulting direct and indirect ownership positions as of June 12, 2026, without any open-market purchases or sales.
What is Spyridon Capralos’s direct ownership in Star Bulk Carriers (SBLK) after this grant?
After the grant, Capralos directly owns 245,456 common shares. This total reflects his direct holdings following the 19,500-share restricted stock award reported on June 12, 2026, and does not include his separately reported indirect ownership stake.
What indirect Star Bulk Carriers (SBLK) holdings does Spyridon Capralos report?
Capralos reports 118,720 common shares held indirectly. The filing notes he holds 100% of the economic interest in the company that owns these shares, indicating economic exposure through that entity in addition to his directly held Star Bulk Carriers shares.