Karellis Nikolaos 4
4 · Star Bulk Carriers Corp. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Star Bulk (SBLK) Director Nikolaos Karellis Receives 7,580-Share Award
What Happened Nikolaos Karellis, 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 (award), so there was no cash purchase; total reported acquisition value = $0. The grant is reported under transaction code "A" (award/grant).
Key Details
- Transaction date: 2026-06-12; filing date (Form 4): 2026-06-16 (filed on the reporting deadline).
- Shares granted: 7,580 restricted common shares; per-share price $0.00; reported total value $0.
- Vesting: Shares vest in full on November 20, 2026 (see footnote — restricted stock agreement effective June 12, 2026).
- Shares owned after transaction: Not disclosed in this filing.
- Transaction code: A = Award/Grant.
Context This was a restricted stock award, not an open-market purchase or sale. Restricted shares typically vest over time (here, fully vesting on Nov 20, 2026) and may be subject to forfeiture and other conditions in the agreement. Such awards are common for directors and are a form of compensation rather than a direct signal of immediate buying or selling intention.
Insider Transaction Report
- Award
Common shares, par value $0.01 per share
[F1]2026-06-12+7,580→ 7,580 total
Footnotes (1)
- [F1]Represents a grant of shares of restricted stock issued pursuant to a restricted stock agreement dated and effective June 12, 2026. The shares vest in full on November 20, 2026 subject to the terms and conditions of the agreement.