Star Bulk co-CFO granted 26,200 restricted shares
Begleris Christos reported acquisition or exercise transactions in this Form 4 filing.
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.
Positive
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Negative
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Insights
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares of Par Value $0.01 per share | 26,200 | $0.00 | $0.00 |
| holding | Common Shares of Par Value $0.01 per share | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock financial
vesting financial
grant, award, or other acquisition financial
economic interest financial
FAQ
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What did Star Bulk Carriers (SBLK) co-CFO Christos Begleris report in this Form 4?
Does this Star Bulk Carriers (SBLK) Form 4 indicate any remaining derivative positions for the co-CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.