Balakrishnan Mahesh 4

What Happened
Balakrishnan Mahesh, a director of Star Bulk Carriers Corp. (SBLK), was granted 7,580 shares of restricted stock on June 12, 2026. The Form 4 reports the acquisition as an award (transaction code A) with an acquisition price recorded as $0.00. Under the restricted stock agreement effective June 12, 2026, the shares vest in full on November 20, 2026.

Key Details

• Transaction date: June 12, 2026; reported on Form 4 filed June 16, 2026 (timely filing).
• Transaction type/code: Award/Grant (A). Acquisition price shown: $0.00 (restricted stock grant).
• Shares granted: 7,580 restricted shares. Reported acquisition value on the form: $0.
• Vesting: Shares vest in full on November 20, 2026 per restricted stock agreement effective June 12, 2026 (see footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Filed within required period (not marked late).

Context: This was a restricted stock award, not an open-market purchase or sale. Restricted shares typically vest over time or on a specified date and may be subject to forfeiture or other conditions; they do not represent an immediate cash sale or purchase. Such awards are common as compensation for directors and do not by themselves indicate a near-term trading intent.