REGAN ARTHUR L 4

What Happened
Director Arthur L. Regan was granted five restricted stock unit (RSU) awards on May 26, 2026, recorded as derivative acquisitions (transaction code A). The five entries total 558.48 RSUs (115.67; 90.43; 125.21; 92.55; 134.62) at a reported price of $0. These RSUs represent the right to receive shares of GNK common stock (or cash in lieu) per the issuer's RSU terms.

Key Details

• Transaction date: May 26, 2026; Form 4 filed May 28, 2026 (timely filing).
• Total awarded: 558.48 RSUs; reported acquisition price: $0 (derivative awards, not an open-market buy).
• Shares owned after transaction: Not specified in the filing.
• Relevant footnotes: F1—each RSU equals one share or cash at vest; F2–F6—some RSU components previously vested on May 17, 2017; May 16, 2022; May 16, 2023; May 23, 2024; and May 20, 2025; F7—one tranche vests based on the next annual meeting or 14 months after May 20, 2025 grant; F8—additional RSUs may reflect dividend equivalents.
• Filing shows awards/vesting activity (compensation-related), not purchases or sales.

Context
RSU grants are compensation/award transactions (derivative instruments) that give the holder a future right to receive shares (or cash) once vesting conditions are met. They are different from open-market buys (which can be interpreted as bullish) or sales (which may be liquidity events). The filing does not indicate any immediate sale of shares; it documents receipt/award of RSUs and some vesting history.