Star Bulk (SBLK) COO trims holdings with 10,000-share open sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Star Bulk Carriers COO Nikolaos Reskos reported open-market sales totaling 10,000 common shares of the company. He sold 8,406 shares at $25.05 per share on April 15, 2026 and 1,594 shares at $25.00 per share on April 14, 2026. After these transactions, he directly holds 440,878 common shares, indicating he retained the vast majority of his position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($250,420)
Net Sell
2 txns
Insider
Reskos Nikolaos
Role
COO
Sold
10,000 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common shares par value $0.01 per share | 8,406 | $25.05 | $211K |
| Sale | Common shares par value $0.01 per share | 1,594 | $25.00 | $40K |
Holdings After Transaction:
Common shares par value $0.01 per share — 440,878 shares (Direct)
Footnotes (1)
Key Figures
Shares sold April 15, 2026: 8,406 shares at $25.05
Shares sold April 14, 2026: 1,594 shares at $25.00
Total shares sold: 10,000 shares
+2 more
5 metrics
Shares sold April 15, 2026
8,406 shares at $25.05
Open-market sale of common shares coded S
Shares sold April 14, 2026
1,594 shares at $25.00
Open-market sale of common shares coded S
Total shares sold
10,000 shares
Net-sell shares from transaction summary
Shares held after latest sale
440,878 shares
Direct ownership following April 15, 2026 transaction
Transaction code
S (sale in open market)
Non-derivative common share transactions
Key Terms
open-market sale, non-derivative, transaction code S, common shares par value $0.01 per share
4 terms
open-market sale financial
"transaction_action: "open-market sale" for common shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"transaction_type: "non-derivative" for common share sales"
transaction code S financial
"transaction_code: "S" described as sale in open market"
FAQ
What insider transaction did SBLK COO Nikolaos Reskos report?
COO Nikolaos Reskos reported selling 10,000 Star Bulk Carriers common shares in open-market transactions. He sold 8,406 shares at $25.05 on April 15, 2026 and 1,594 shares at $25.00 on April 14, 2026, while maintaining a large remaining shareholding.