Star Bulk director granted 7,580 restricted shares

Pappa Milena Maria reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Pappa Milena Maria reported acquisition or exercise transactions in this Form 4 filing.

Star Bulk Carriers Corp. director Milena Maria Pappa reported an equity award. On June 12 2026 she received a grant of 7,580 restricted common shares at no cost, under a restricted stock agreement effective that date. The shares vest in full on November 20 2026, subject to the agreement’s terms. After this grant, she indirectly owns 3,092,674 common shares through three corporations in which she holds 100% of the economic interest and has investment control, in addition to a directly held position of 3,000 shares.

Insider Trade Summary

Grant/Award: 7,580 shares

Grant/Award 2 txns

Insider Pappa Milena Maria

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares par value $0.01 per share	7,580	$0.00	$0.00
holding	Common Shares par value $0.01 per share	--	--	--

Holdings After Transaction: Common Shares par value $0.01 per share — 3,092,674 shares (Indirect, by corporations); Common Shares par value $0.01 per share — 3,000 shares (Direct)

Footnotes (2)

1. F1. Represents a grant of shares of restricted stock issued pursuant to a restricted stock agreement dated and effective June 12 2026. The shares vest in full on November 20 2026 subject to the terms and conditions of this agreement.
2. F2. These shares are held by 3 corporations in which the reporting person holds 100% of the ecenomic interest and over which the reporting person has investment control.

Key Figures

Restricted stock grant: 7,580 shares Grant price: $0.0000 per share Indirect holdings after grant: 3,092,674 shares +3 more

6 metrics

Restricted stock grant 7,580 shares Restricted common shares granted on June 12 2026

Grant price $0.0000 per share Transaction price per granted restricted share

Indirect holdings after grant 3,092,674 shares Total indirect common shares following June 12 2026 grant

Direct holdings 3,000 shares Directly held common shares as of June 12 2026

Vesting date November 20 2026 Restricted stock vests in full on this date

Number of holding corporations 3 corporations Entities through which indirect shares are held

Key Terms

restricted stock, restricted stock agreement, vest in full, indirect ownership, +1 more

5 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.

restricted stock agreement financial

"issued pursuant to a restricted stock agreement dated and effective June 12 2026"

vest in full financial

"The shares vest in full on November 20 2026 subject to the terms and conditions"

indirect ownership financial

"These shares are held by 3 corporations in which the reporting person holds 100% of the economic interest"

investment control financial

"and over which the reporting person has investment control"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Star Bulk (SBLK) report for Milena Maria Pappa?

Star Bulk disclosed that director Milena Maria Pappa received a grant of 7,580 restricted common shares on June 12 2026. The award was granted at no cost as equity compensation under a restricted stock agreement effective that same date.

When do Milena Maria Pappa’s newly granted Star Bulk (SBLK) shares vest?

The 7,580 restricted common shares granted to Milena Maria Pappa vest in full on November 20 2026. Vesting remains subject to the specific terms and conditions outlined in the restricted stock agreement dated and effective June 12 2026.

How many Star Bulk (SBLK) shares does Milena Maria Pappa indirectly own after the grant?

Following the June 12 2026 grant, Milena Maria Pappa indirectly owns 3,092,674 Star Bulk common shares. These shares are held through three corporations in which she has 100% economic interest and maintains investment control over the holdings.

Are Milena Maria Pappa’s new Star Bulk (SBLK) shares granted or purchased on the market?

The 7,580 Star Bulk common shares were granted to Milena Maria Pappa as restricted stock, not purchased on the open market. The filing shows a transaction price of $0.0000 per share, indicating an equity award rather than a cash purchase.

How many Star Bulk (SBLK) shares does Milena Maria Pappa hold directly versus indirectly?

The Form 4 indicates Milena Maria Pappa directly holds 3,000 Star Bulk common shares. Separately, she indirectly holds 3,092,674 common shares through three corporations where she has full economic interest and investment control over the share positions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/16/2026 - 01:04 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pappa Milena Maria

(Last) (First) (Middle)

40 AG KONSTANTINOU STREET

MAROUSI

(Street)

ATHENS 15124

(City) (State) (Zip)

GREECE

(Country)

2. Issuer Name and Ticker or Trading Symbol
Star Bulk Carriers Corp. [ SBLK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares par value $0.01 per share	06/12/2026		A(1)		7,580	A	$0	3,092,674(2)	I	by corporations
Common Shares par value $0.01 per share								3,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of shares of restricted stock issued pursuant to a restricted stock agreement dated and effective June 12 2026. The shares vest in full on November 20 2026 subject to the terms and conditions of this agreement.

2. These shares are held by 3 corporations in which the reporting person holds 100% of the ecenomic interest and over which the reporting person has investment control.

	Milena Maria Pappa	06/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)