REGAN ARTHUR L 4
4 · GENCO SHIPPING & TRADING LTD · Filed Jun 23, 2026
Research Summary
AI-generated summary of this filing
Genco (GNK) Director Arthur Regan Receives 5,545 RSUs
What Happened
- Arthur L. Regan, a director of Genco Shipping & Trading Ltd (GNK), was reported to have acquired 5,545 shares via a derivative award on June 18, 2026. The transaction is recorded as an award/grant (code A) of restricted stock units (RSUs) at $0.00 per share (no cash paid). The Form 4 was filed on June 23, 2026.
Key Details
- Transaction date: June 18, 2026 (Form 4 filed June 23, 2026).
- Transaction type: Award/Grant of RSUs (code A); reported acquisition of 5,545 RSUs at $0.00.
- Reported dollar value on Form 4: $0 (derivative RSU grant/vesting — not an open‑market purchase).
- Shares owned after transaction: not specified in the provided filing.
- Relevant footnotes: F1 explains each RSU converts to one share or cash value at vesting; F7 confirms these RSUs vested on June 18, 2026; F8 describes general vesting timing rules for the grant (earlier of next annual meeting or 14 months after grant). Other footnotes (F2–F6) note prior RSU vesting dates from 2017–2025.
- Timeliness: The Form 4 was filed five days after the reported transaction date; this appears later than the standard 2-business‑day filing deadline for insiders.
Context
- This was an RSU vesting/award, not a market purchase or sale. RSU vesting is typically compensation-related and does not by itself signal buying or selling intent. No immediate sale or cashless conversion of the shares is reported on this filing.
Insider Transaction Report
Form 4
REGAN ARTHUR L
Director
Transactions
- Award
Restricted Stock Units
[F1][F8]2026-06-18+5,545→ 5,545 total→ Common Stock (5,545 underlying)
Holdings
- 104,414
Common Stock
- 16,666
Restricted Stock Units
[F1][F2]→ Common Stock (16,666 underlying) - 8,209.28
Restricted Stock Units
[F1][F3]→ Common Stock (115.67 underlying) - 6,418.09
Restricted Stock Units
[F1][F4]→ Common Stock (90.43 underlying) - 8,886.65
Restricted Stock Units
[F1][F5]→ Common Stock (125.21 underlying) - 6,568.53
Restricted Stock Units
[F1][F6]→ Common Stock (92.55 underlying) - 9,554.27
Restricted Stock Units
[F1][F7]→ Common Stock (134.62 underlying)
Footnotes (8)
- [F1]Each RSU represents the right to receive one share of the issuer's common stock, or in the sole discretion of the issuer's Compensation Committee, the value of a share of common stock on the date that the restricted stock unit vests.
- [F2]These RSUs vested on May 17, 2017.
- [F3]These RSUs vested on May 16, 2022.
- [F4]These RSUs vested on May 16, 2023.
- [F5]These RSUs vested on May 23, 2024.
- [F6]These RSUs vested on May 20, 2025.
- [F7]These RSUs vested on June 18, 2026.
- [F8]These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the June 18, 2026 grant date and (ii) the date that is fourteen months after the grant date.
Signature
/s/ Arthur L. Regan|2026-06-23