Star Bulk (SBLK) COO sells 39,914 common shares in market trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Star Bulk Carriers Corp. Chief Operating Officer Nikolaos Reskos reported open-market sales of company common shares. On May 20 and 21, 2026, he sold a total of 39,914 shares at prices between $26.55 and $27.29 per share. Following these transactions, he directly holds 367,775 common shares of Star Bulk.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 39,914 shares ($1,081,917)
Net Sell
2 txns
Insider
Reskos Nikolaos
Role
Chief Operating Officer
Sold
39,914 shs ($1.08M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common shares, par value $0.01 per share | 30,000 | $27.29 | $819K |
| Sale | Common shares, par value $0.01 per share | 9,914 | $26.55 | $263K |
Holdings After Transaction:
Common shares, par value $0.01 per share — 367,775 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold May 21, 2026: 30,000 shares at $27.29
Shares sold May 20, 2026: 9,914 shares at $26.55
Total shares sold: 39,914 shares
+1 more
4 metrics
Shares sold May 21, 2026
30,000 shares at $27.29
Open-market sale of common shares
Shares sold May 20, 2026
9,914 shares at $26.55
Open-market sale of common shares
Total shares sold
39,914 shares
Net shares disposed across two transactions
Post-transaction holdings
367,775 shares
Directly held common shares after last sale
Key Terms
open-market sale, transaction code "S", Form 4, Common shares, par value $0.01 per share
4 terms
open-market sale financial
"transaction_action": "open-market sale""
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.
transaction code "S" regulatory
"transaction_code": "S""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did SBLK COO Nikolaos Reskos report?
Star Bulk COO Nikolaos Reskos reported two open-market sales totaling 39,914 common shares. The transactions occurred on May 20 and 21, 2026, reflecting routine portfolio activity disclosed in a Form 4 insider trading report.
Were the SBLK insider transactions open-market sales or another type?
Both transactions were reported as open-market sales of Star Bulk common shares. The Form 4 uses transaction code "S" and describes them as "Sale in open market or private transaction," indicating straightforward share dispositions.