Star Bulk Carriers (SBLK) director awarded 7,580 restricted shares

Rhea-AI Filing Summary

Balakrishnan Mahesh reported acquisition or exercise transactions in this Form 4 filing.

Star Bulk Carriers Corp. director Mahesh Balakrishnan received a grant of 7,580 common shares as restricted stock. The award was made on June 12, 2026 at no purchase price as part of equity compensation.

The restricted shares vest in full on November 20, 2026, subject to the restricted stock agreement’s terms and conditions. After this grant, Balakrishnan directly holds a total of 39,080 common shares of Star Bulk Carriers.

Insights

Equity compensation analyst

Routine director equity grant of 7,580 restricted shares with future vesting.

Director Mahesh Balakrishnan received 7,580 shares of restricted common stock on June 12, 2026 at no cost, classified as a grant or award acquisition. This is standard equity-based compensation rather than an open-market purchase.

The shares vest in full on November 20, 2026, contingent on agreement conditions, which typically involve continued service. Following the grant, Balakrishnan holds 39,080 common shares directly, and no derivative positions are reported in this filing.

Insider Trade Summary

Net Buyer: 7,580 shares

Net Buy 1 txn

Insider Balakrishnan Mahesh

Role Director

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

Holdings After Transaction: Common shares, par value $0.01 per share — 39,080 shares (Direct)

Footnotes (1)

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 the agreement.

Key Figures

Restricted stock grant: 7,580 shares Total shares after grant: 39,080 shares Par value per share: $0.01 per share +1 more

4 metrics

Restricted stock grant 7,580 shares Grant on June 12, 2026

Total shares after grant 39,080 shares Director holdings following transaction

Par value per share $0.01 per share Common shares par value

Vesting date November 20, 2026 Restricted stock vests in full

Key Terms

restricted stock, vest in full, grant, award, or other acquisition, par value

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.

vest in full financial

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

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

par value financial

"Common shares, par value $0.01 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/16/2026 - 02:10 PM Accepted by SEC EDGAR 06/16/2026 - 02:09 PM Learn about SEC filing dates

FAQ

What did Star Bulk Carriers (SBLK) director Mahesh Balakrishnan report in this Form 4?

He reported receiving a grant of 7,580 restricted common shares of Star Bulk Carriers. The award is part of equity compensation and increases his direct holdings to 39,080 common shares following the transaction on June 12, 2026.

Was the Star Bulk Carriers (SBLK) Form 4 transaction a market purchase or sale?

It was not a market trade. The Form 4 shows a grant or award acquisition of 7,580 restricted shares at a price of $0.00 per share, reflecting compensation rather than an open-market buy or sell transaction.

When do the restricted shares granted to the Star Bulk Carriers (SBLK) director vest?

The 7,580 restricted shares vest in full on November 20, 2026. Vesting is subject to the terms and conditions of the restricted stock agreement dated and effective June 12, 2026, which typically includes ongoing service requirements.

How many Star Bulk Carriers (SBLK) shares does Mahesh Balakrishnan hold after this grant?

After the grant, he directly holds 39,080 common shares of Star Bulk Carriers. This total includes the 7,580 restricted shares awarded on June 12, 2026, as reported in the Form 4 filing.

What type of security is involved in this Star Bulk Carriers (SBLK) Form 4 filing?

The filing involves common shares with a par value of $0.01 per share, issued as restricted stock. These shares were granted as compensation, with a vesting date of November 20, 2026, under a restricted stock agreement.

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^*

Balakrishnan Mahesh

(Last) (First) (Middle)

333 S. GRAND AVENUE

28TH FLOOR

(Street)

LOS ANGELES CALIFORNIA 90505

(City) (State) (Zip)

UNITED STATES

(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		7,580(1)	A	$0	39,080	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 the agreement.

	Mahesh Balakrishnan	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)