Star Bulk Carriers (SBLK) director receives 7,580 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weston Gary reported acquisition or exercise transactions in this Form 4 filing.
Star Bulk Carriers Corp. director Weston Gary reported a compensation-related grant of 7,580 restricted common shares. The grant was effective on June 12, 2026 at a stated price of $0.00 per share and was issued under a restricted stock agreement.
The footnotes state these restricted shares vest in full on November 20, 2026, subject to the agreement’s terms, and are held indirectly through a company in which Gary holds 100% of the economic interest. Following this grant, he holds 3,902 common shares directly and 38,325 common shares indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Weston Gary
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common shares, par value $0.01 per share | 7,580 | $0.00 | -- |
| holding | Common shares, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common shares, par value $0.01 per share — 38,325 shares (Indirect, Reporting person holds 100% economic interest of the Company holding these shares);
Common shares, par value $0.01 per share — 3,902 shares (Direct, null)
Footnotes (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. Reporting person holds 100% of the economic interest of the company holding these shares
Key Figures
Restricted shares granted: 7,580 shares
Grant price: $0.00 per share
Vesting date: November 20, 2026
+2 more
5 metrics
Restricted shares granted
7,580 shares
Grant of restricted stock effective June 12, 2026
Grant price
$0.00 per share
Stated price for restricted stock grant
Vesting date
November 20, 2026
Restricted shares vest in full on this date
Direct holdings after
3,902 shares
Common shares held directly after transactions
Indirect holdings after
38,325 shares
Common shares held indirectly after grant
Key Terms
restricted stock, grant, award, or other acquisition, indirect ownership, economic interest
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
indirect ownership financial
"ownership_type": "indirect"
economic interest financial
"Reporting person holds 100% of the economic interest of the company holding these shares"
An economic interest is a right to receive money or other financial benefits from an asset, contract, or business activity without necessarily owning or controlling it; examples include a share of profits, royalties, dividend rights, or scheduled payments. Investors care because it determines who gets cash flow and bears risk — like collecting rent on a house you don’t legally own — and it affects valuation, expected returns, and how exposure to an investment is structured.
FAQ
What insider transaction did Star Bulk Carriers (SBLK) director Weston Gary report?
Director Weston Gary reported receiving a grant of 7,580 restricted common shares of Star Bulk Carriers. The shares were granted on June 12, 2026 as a compensation-related award, not an open-market purchase, at a stated price of $0.00 per share.