REGAN ARTHUR L 4

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.