Zagari Raffaele 4

What Happened

• Raffaele Zagari, a director of Star Bulk Carriers Corp. (SBLK), received a grant of 7,580 restricted shares on June 12, 2026. The shares were issued at $0.00 per share (grant/award, Form 4 code A), so no purchase price was paid by the reporting person.
• The shares vest in full on November 20, 2026, subject to the terms of the restricted stock agreement. This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-12; Filing date: 2026-06-16 (filed within the standard 2 business-day Form 4 window).
• Shares granted: 7,580; Price per share reported: $0.00; total reported cash value on Form 4: $0.
• Post-transaction total holdings: not specified in the filing.
• Footnotes: F1 — restricted stock agreement dated/effective June 12, 2026; full vesting on Nov 20, 2026. F2 — the shares are held by two corporations in which Zagari indirectly holds 100% of the economic interest and retains investment control.
• Transaction code: A (award/grant). No 10b5-1 plan, tax withholding, or sale reported in this filing.

Context

• Restricted stock awards are typically compensation and vest over time; they do not indicate an immediate market commitment (no shares were sold or bought on the open market).
• The shares are held indirectly through entities controlled by Zagari, which is a common arrangement for executives/directors for ownership and tax planning; it does not change that the award increases his economic exposure to the company once vested.