Begleris Christos 4
Research Summary
AI-generated summary
Star Bulk (SBLK) Co‑CFO Christos Begleris Receives Restricted Shares
What Happened
Christos Begleris, co‑Chief Financial Officer of Star Bulk Carriers Corp. (SBLK), was granted 26,200 restricted shares on June 12, 2026. The shares were issued at $0.00 (no cash paid) as an award (Form 4 transaction code A). Reported value for the grant is $0 on the filing.
Key Details
- Transaction date: 2026-06-12; Form 4 filed: 2026-06-16 (timely within two business days).
- Grant: 26,200 restricted shares issued at $0.00 (award/grant, code A). Total reported cash value: $0.
- Vesting (per footnote): 50% vest on Nov 20, 2026; 25% vest on May 20, 2027; 25% vest on May 20, 2029, subject to the restricted stock agreement.
- Shares owned after transaction: not disclosed in the provided filing.
- No indication of a 10b5-1 plan, tax‑withholding sale, or other special instructions in the provided notes.
Context
This was a restricted stock award, not an open‑market purchase or sale. Such grants are common as compensation and vest over time; they do not necessarily signal immediate buying or selling intent. Because the shares vest in future tranches, Begleris will only realize control of portions of these shares on the stated vesting dates, subject to the agreement terms.