Star Bulk Carriers (SBLK) COO sells 5,000 shares in planned trade
Rhea-AI Filing Summary
Star Bulk Carriers Corp. reported that Chief Operating Officer Nikolaos Reskos sold 5,000 common shares at $28.99 per share on July 30, 2026, in an open market or private transaction under a Rule 10b5-1 trading plan, leaving him with 405,875 common shares held directly.
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Insider Trade Summary 10b5-1
Net Seller: 5,000 shares
Net Sell
1 txn
Insider
Reskos Nikolaos
Role
Chief Operating Officer
Sold
5,000 shs ($145K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common shares, par value $0.01 per share | 5,000 | $28.99 | $145K |
Holdings After Transaction:
Common shares, par value $0.01 per share — 405,875 shares (Direct)
Key Figures
Shares sold: 5,000 shares
Sale price: $28.99 per share
Shares held after transaction: 405,875 shares
+2 more
5 metrics
Shares sold
5,000 shares
Common shares sold by COO Nikolaos Reskos on July 30, 2026
Sale price
$28.99 per share
Price for the 5,000 common shares sold
Shares held after transaction
405,875 shares
Direct ownership by Nikolaos Reskos following the sale
Par value per share
$0.01
Par value of Star Bulk Carriers Corp. common shares
Transaction date
July 30, 2026
Date of the reported sale transaction
Key Terms
par value, open market or private transaction, direct or indirect ownership
3 terms
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.
open market or private transaction financial
"Sale in open market or private transaction"
direct or indirect ownership financial
"direct_or_indirect uses D/I for Direct/Indirect ownership type"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Star Bulk Carriers (SBLK) report for COO Nikolaos Reskos?
COO Nikolaos Reskos reported a sale of 5,000 common shares of Star Bulk Carriers Corp. The transaction occurred on July 30, 2026 and was classified as a sale in an open market or private transaction under a Rule 10b5-1 trading plan.
Was the SBLK insider sale by COO Nikolaos Reskos under a Rule 10b5-1 plan?
Yes. The filing indicates the transaction was made under a Rule 10b5-1 trading plan. Such pre-arranged plans allow insiders to schedule trades in advance, which can reduce the informational significance of the exact timing of a particular sale for outside investors.
Does this Star Bulk Carriers (SBLK) Form 4 show any derivative transactions?
No. The Form 4 reports only a single non-derivative transaction: the sale of 5,000 common shares by COO Nikolaos Reskos. The derivative transaction count and derivative position summary are both shown as zero in the structured filing data.