Karellis Nikolaos 4

What Happened
Karellis Nikolaos, a director of Star Bulk Carriers Corp. (SBLK), disposed of 20,000 shares on 2026-06-11. The sale price reported was $26.96 per share, for a total transaction value of approximately $539,200. This was a sale (not a purchase or option exercise), which is often routine and does not necessarily signal a change in the insider's view of the company.

Key Details

• Transaction date: 2026-06-11
• Price per share: $26.96; Shares sold: 20,000; Total value: ~$539,200
• Transaction code: S (sale); reported as open-market/private sale in the filing summary
• Filing date: 2026-06-12 (filed the next day — appears timely)
• Shares owned after the transaction: not specified in the summary provided; see the Form 4 for exact post-transaction holdings
• No footnotes (e.g., 10b5-1 plan, tax withholding) were provided in the data shown

Context
Sales by directors can reflect routine portfolio management (liquidity needs, diversification, tax planning) and are less informative than insider purchases about confidence in the company. For full details (exact post-transaction holdings, reporting footnotes, or whether a trading plan was used), view the Form 4 filing on the SEC EDGAR system (Accession No. 0002011929-26-000008).