Was Hamish Norton’s Star Bulk Carriers share grant an open-market purchase?

No, the transaction was classified as a grant or award, not an open-market purchase. The 35,800 restricted shares were awarded at a price of $0.00 per share as equity compensation, rather than bought on the open market.

Star Bulk Carriers (SBLK) President awarded 35,800 restricted shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Norton Hamish reported acquisition or exercise transactions in this Form 4 filing.

Star Bulk Carriers Corp. President Hamish Norton received 35,800 restricted common shares as an equity award. The shares were granted at no cash cost under the company’s 2026 Equity Incentive Plan.

Of these restricted shares, 17,900 are scheduled to vest and become non-forfeitable on November 20, 2026, 8,950 on May 20, 2027, and 8,950 on May 20, 2029, subject to the plan and grant agreement. Following this award, Norton directly holds 305,847 common shares in total, including 4,125 common shares held jointly with his spouse.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Norton Hamish

Role President

Type	Security	Shares	Price	Value
Grant/Award	Common shares, par value $0.01 per share	35,800	$0.00	--
holding	Common shares, par value $0.01 per share	--	--	--

Holdings After Transaction: Common shares, par value $0.01 per share — 305,847 shares (Direct, null)

Footnotes (1)

Comprised of a restricted stock award granted under Star Bulk Carriers Corp.'s (the "Issuer") 2026 Equity Incentive Plan (the "Plan"), consisting of 35,800 restricted common shares of the Issuer, par value $0.01 per share ("Common Shares"). Of those Common Shares, 17,900 will vest and become non-forfeitable on November 20, 2026, 8,950 will vest and become non-forfeitable on May 20, 2027, and 8,950 will vest and become non-forfeitable on May 20, 2029, respectively, subject to the terms and conditions of the restricted stock grant agreement and the Plan. Shares held jointly with spouse.

Key Figures

Restricted stock award: 35,800 common shares Vesting tranche 1: 17,900 shares Vesting tranche 2: 8,950 shares +4 more

7 metrics

Restricted stock award 35,800 common shares Grant to President Hamish Norton on June 12, 2026

Vesting tranche 1 17,900 shares Vest on November 20, 2026, subject to plan terms

Vesting tranche 2 8,950 shares Vest on May 20, 2027, subject to plan terms

Vesting tranche 3 8,950 shares Vest on May 20, 2029, subject to plan terms

Direct holdings after grant 305,847 common shares Total direct ownership following reported transactions

Jointly held shares 4,125 common shares Shares held jointly with spouse

Grant price $0.00 per share Restricted stock award under 2026 Equity Incentive Plan

Key Terms

restricted stock award, 2026 Equity Incentive Plan, vest and become non-forfeitable, Common Shares, +1 more

5 terms

restricted stock award financial

"Comprised of a restricted stock award granted under Star Bulk Carriers Corp.'s 2026 Equity Incentive Plan"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

2026 Equity Incentive Plan financial

"granted under Star Bulk Carriers Corp.'s (the "Issuer") 2026 Equity Incentive Plan (the "Plan")"

vest and become non-forfeitable financial

"17,900 will vest and become non-forfeitable on November 20, 2026, 8,950 will vest and become non-forfeitable on May 20, 2027"

Common Shares financial

"consisting of 35,800 restricted common shares of the Issuer, par value $0.01 per share ("Common Shares")"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

held jointly with spouse financial

"Shares held jointly with spouse."

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Form 4 Insider Transactions: What Each Field Means →

06/16/2026 - 08:17 AM

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^*

Norton Hamish

(Last)

(First)

(Middle)

358 5TH AVE

(Street)

NEW YORK

10001

(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)

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common shares, par value $0.01 per share	06/12/2026		A		35,800⁽¹⁾	A	$0	305,847	D
Common shares, par value $0.01 per share								4,125	D⁽²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Comprised of a restricted stock award granted under Star Bulk Carriers Corp.'s (the "Issuer") 2026 Equity Incentive Plan (the "Plan"), consisting of 35,800 restricted common shares of the Issuer, par value $0.01 per share ("Common Shares"). Of those Common Shares, 17,900 will vest and become non-forfeitable on November 20, 2026, 8,950 will vest and become non-forfeitable on May 20, 2027, and 8,950 will vest and become non-forfeitable on May 20, 2029, respectively, subject to the terms and conditions of the restricted stock grant agreement and the Plan.

2. Shares held jointly with spouse.

	/s/ Hamish Norton	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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Star Bulk Carriers (SBLK) President Hamish Norton report in this Form 4?

Hamish Norton reported receiving a grant of 35,800 restricted common shares of Star Bulk Carriers. The award was made at no cash cost as equity compensation under the company’s 2026 Equity Incentive Plan.

How many Star Bulk Carriers (SBLK) shares does Hamish Norton hold after this transaction?

After the reported grant, Hamish Norton directly holds 305,847 common shares of Star Bulk Carriers. This total includes 4,125 common shares that are held jointly with his spouse, as disclosed in the Form 4 filing footnotes.

What is the vesting schedule for Hamish Norton’s 35,800 restricted SBLK shares?

Norton’s 35,800 restricted common shares vest in three tranches. 17,900 vest on November 20, 2026, 8,950 vest on May 20, 2027, and the remaining 8,950 vest on May 20, 2029, subject to plan and grant terms.

Under which plan was Hamish Norton’s restricted stock award from Star Bulk Carriers granted?

The restricted stock award was granted under Star Bulk Carriers Corp.’s 2026 Equity Incentive Plan. The plan governs the terms, vesting conditions, and potential forfeiture provisions for the 35,800 restricted common shares granted to Norton.

How many Star Bulk Carriers shares does Hamish Norton hold jointly with his spouse?

Hamish Norton holds 4,125 Star Bulk Carriers common shares jointly with his spouse. This joint holding is separately identified in the Form 4 data and explained in a footnote stating that these shares are held jointly.