Pappa Milena Maria 4

What Happened
Pappa Milena Maria, a director of Star Bulk Carriers Corp. (SBLK), was granted 7,580 restricted shares on June 12, 2026. The grant is recorded at $0.00 per share (i.e., no cash paid on acquisition); the filing shows the award value as $0 for reporting purposes. The shares vest in full on November 20, 2026, subject to the terms of the restricted stock agreement.

Key Details

• Transaction type: Award/Grant (Form 4 code A) — 7,580 restricted shares @ $0.00 on 2026-06-12.
• Filing date: SEC filing dated 2026-06-16 (reports the 6/12 transaction).
• Vesting: Shares vest in full on November 20, 2026 (footnote F1).
• Share ownership: These shares are held by three corporations over which the reporting person has investment control and 100% of the economic interest (footnote F2).
• Shares owned after transaction: Not specified in the provided excerpt.
• Timeliness: Filing reports the 6/12 transaction on 6/16; no late-filing indication provided in the excerpt.

Context
This was a restricted stock grant (compensation/retention award), not an open-market purchase or sale. Such awards are common for directors and are typically subject to vesting and other restrictions; they do not by themselves indicate an immediate buy or sell signal. The economic value to the insider will depend on SBLK’s market price when/if the shares vest and any applicable tax or transfer restrictions.