Star Bulk (SBLK) Director Zagari Raffaele Buys 60,000 Shares

What Happened
Director Raffaele Zagari purchased a total of 60,000 newly issued Star Bulk Carriers Corp. (SBLK) shares on 2026-09-15 at $28.27 per share, for an aggregate cost of $1,696,200. The transaction codes are P (purchase). The filing shows a personal subscription to 10,000 new shares and an additional 50,000 shares acquired by entities he controls. These were purchases (insider increasing ownership via the company offering).

Key Details

• Transaction date(s) & price: 2026-09-15 at $28.27 per share (equivalent offering price reported as €24.50).
• Quantities & value: 10,000 shares ($282,700) + 50,000 shares ($1,413,500) = 60,000 shares ($1,696,200).
• How shares were acquired: Subscriptions in offerings tied to Star Bulk’s dual listing on Euronext Athens (Parallel Offering and Public Offering).
• Ownership after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F2: The 10,000-share purchase was a personal subscription in the Parallel Offering.
  • F4: The 50,000-share subscription was made by Augustea Med Ltd. in the Public Offering.
  • F3: The 50,000 shares are held by two corporations in which the reporting person indirectly holds 100% of the economic interest and has investment control.
  • F1: €24.50 offering price corresponds to $28.27 reported.
• Timeliness: Filing date 2026-09-17 reporting trades on 2026-09-15 — appears to be within the usual Form 4 filing window (generally two business days).

Context
These purchases were subscriptions for newly issued shares in connection with the company’s offerings tied to its dual listing on Euronext Athens, not open-market buys or option exercises. Purchases via primary offerings mean the insider participated at the offering price rather than buying on the open market; the 50,000-share portion was acquired through entities he controls, indicating indirect ownership.