Star Bulk (NASDAQ: SBLK) co-CFO receives 26,200-share restricted stock grant

Rhea-AI Filing Summary

Begleris Christos reported acquisition or exercise transactions in this Form 4 filing.

Star Bulk Carriers Corp. co-CFO Christos Begleris reported a compensation-related stock grant. He received 26,200 common shares of restricted stock at $0.00 per share as of June 12, 2026, increasing his directly held common shares to 171,087.

According to the grant terms, 50% of these restricted shares vest on November 20, 2026, 25% vest on May 20, 2027, and the remaining 25% vest on May 20, 2029, subject to the agreement’s conditions. He also has an additional 39,978 common shares reported as indirectly owned through an entity in which he holds 100% of the economic interest.

Insights

Equity compensation analyst

Routine equity grant increases co-CFO’s direct shareholdings with multi-year vesting.

The filing shows co-CFO Christos Begleris receiving 26,200 restricted common shares at $0.00 per share as a compensation grant on June 12, 2026. This is coded as an acquisition (grant/award) rather than an open-market purchase or sale.

The vesting schedule is spread over several years: 50% on November 20, 2026, 25% on May 20, 2027, and the remaining 25% on May 20, 2029, all subject to agreement conditions. After the grant, his direct holdings rise to 171,087 shares, with a further 39,978 shares held indirectly via an entity in which he has full economic interest.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Begleris Christos

Role co CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Shares of Par Value $0.01 per share	26,200	$0.00	--
holding	Common Shares of Par Value $0.01 per share	--	--	--

Holdings After Transaction: Common Shares of Par Value $0.01 per share — 171,087 shares (Direct, null); Common Shares of Par Value $0.01 per share — 39,978 shares (Indirect, Reporting Person holds 100% of the economic interest of the company holding these shares)

Footnotes (1)

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Key Figures

Restricted stock grant: 26,200 shares Grant price: $0.00 per share Direct holdings after grant: 171,087 shares +4 more

7 metrics

Restricted stock grant 26,200 shares Grant of common shares on June 12, 2026

Grant price $0.00 per share Restricted stock grant to co-CFO

Direct holdings after grant 171,087 shares Common shares directly owned following transaction

Indirect holdings 39,978 shares Common shares indirectly owned via entity with 100% economic interest

Initial vesting tranche 50% of grant Vests on November 20, 2026

Second vesting tranche 25% of grant Vests on May 20, 2027

Final vesting tranche 25% of grant Vests on May 20, 2029

Key Terms

restricted stock, vesting, grant, award, or other acquisition, 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.

vesting financial

"Fifty percent (50%) of the shares vest on November 20, 2026, twenty five percent (25%) of the shares vest"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Begleris Christos

(Last) (First) (Middle)

40, AG KONSTANTINOU

(Street)

MAROUSI 15124

(City) (State) (Zip)

GREECE

(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)
	co CFO

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares of Par Value $0.01 per share	06/12/2026		A(1)		26,200	A	$0	171,087	D
Common Shares of Par Value $0.01 per share								39,978	I	Reporting Person holds 100% of the economic interest of the company holding these shares

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of shares of restricted stock issued pursuant to a restricted stock agreement dated and effective June 12, 2026. Fifty percent (50%) of the shares vest on November 20, 2026, twenty five percent (25%) of the shares vest on May 20, 2027, and the remaining twenty five percent (25%) vest on May 20, 2029, in each case subject to the terms and conditions of the agreement.

	Christos Begleris	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)

FAQ

What did Star Bulk Carriers (SBLK) co-CFO Christos Begleris report in this Form 4?

He reported receiving a grant of 26,200 restricted common shares at $0.00 per share as of June 12, 2026. This award is a stock-based compensation grant rather than an open-market purchase or sale.

How many Star Bulk Carriers (SBLK) shares does Christos Begleris hold after this transaction?

After the grant, he directly holds 171,087 common shares. The filing also reports 39,978 additional common shares held indirectly through an entity in which he owns 100% of the economic interest.

What is the vesting schedule for the 26,200 restricted shares granted to the SBLK co-CFO?

Fifty percent of the restricted shares vest on November 20, 2026, twenty-five percent vest on May 20, 2027, and the remaining twenty-five percent vest on May 20, 2029, all subject to the terms and conditions of the restricted stock agreement.

Was there any open-market buying or selling of Star Bulk Carriers (SBLK) shares in this Form 4?

No open-market purchases or sales are reported. The key transaction is a grant of 26,200 restricted shares as compensation, coded as an acquisition, plus a separate entry reflecting 39,978 indirectly held shares as a holding line.

How is the indirect ownership of Star Bulk Carriers (SBLK) shares described for Christos Begleris?

The filing shows 39,978 common shares as indirectly owned, with a note that the reporting person holds 100% of the economic interest of the company holding these shares. This clarifies his economic exposure through that entity.

Does this Star Bulk Carriers (SBLK) Form 4 indicate any remaining derivative positions for the co-CFO?

The derivative section of the filing is empty, indicating no derivative securities, such as options or warrants, are reported in this particular Form 4 for Christos Begleris at this time.