Star Bulk Carriers Corp.·4

Jun 16, 11:58 AM ET

Erhardt Koert 4

Research Summary

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Star Bulk (SBLK) Director Erhardt Koert Receives 7,580-Share Award

What Happened
Erhardt Koert, a director of Star Bulk Carriers Corp. (SBLK), was granted 7,580 shares of restricted stock on June 12, 2026. The award was reported on a Form 4 filed June 16, 2026, and the acquisition price is shown as $0.00 (i.e., an equity award rather than a market purchase).

Key Details

  • Transaction date: 2026-06-12; Form 4 filed: 2026-06-16 (timely filing).
  • Transaction type/code: Award/Grant (A).
  • Shares granted: 7,580; reported acquisition price: $0.00 (total reported value $0).
  • Vesting: Grant vests on November 20, 2026, per the restricted stock grant agreement (footnote).
  • Shares owned after the transaction: not specified in the filing.
  • No indication of a sale, option exercise, 10b5-1 plan, or tax-withholding sale in this report.

Context
Restricted stock awards are a form of compensation that typically vest over time and are not immediately liquid. Such grants reflect compensation or retention practices and do not by themselves indicate insider trading intent or market sentiment.