Star Bulk director sells $323K in shares
A Star Bulk Carriers Corp. director sold 10,000 SBLK shares and now directly holds 29,080 shares.
Rhea-AI Filing Summary
Star Bulk Carriers Corp. (SBLK) director Mahesh Balakrishnan reported selling 10,000 common shares on September 18, 2026, in an open market or private transaction at $32.34 per share. Following this sale, he directly holds 29,080 common shares, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Balakrishnan Mahesh
Role
Director
Sold
10,000 shs ($323K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common shares, par value $0.01 per share | 10,000 | $32.34 | $323K |
Holdings After Transaction:
Common shares, par value $0.01 per share — 29,080 shares (Direct)
Key Figures
Shares sold: 10,000 shares
Sale price per share: $32.34 per share
Transaction value: $323,400
+2 more
5 metrics
Shares sold
10,000 shares
Common shares sold by director on September 18, 2026
Sale price per share
$32.34 per share
Price for the 10,000 common shares sold
Transaction value
$323,400
10,000 shares sold at $32.34 per share
Shares owned after transaction
29,080 shares
Director’s direct holdings following the sale
Net shares sold
10,000 shares
Net change in holdings from this Form 4
Key Terms
Common shares, Rule 10b5-1 trading plan, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"no Rule 10b5-1 trading plan is reported"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SBLK report for director Mahesh Balakrishnan?
SBLK reported that director Mahesh Balakrishnan sold 10,000 common shares on September 18, 2026 in a sale described as an open market or private transaction.
Was the SBLK insider sale made under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.