Blystad Arne 4
Research Summary
AI-generated summary
Star Bulk (SBLK) Director Arne Blystad Receives Restricted Stock Award
What Happened
Arne Blystad, 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/grant) and therefore had no cash purchase price recorded. The award vests in full on November 20, 2026 subject to the restricted stock agreement.
Key Details
- Transaction date: 2026-06-12 (reported on Form 4 filed 2026-06-16)
- Transaction type/code: Grant/Award (code A) — 7,580 shares @ $0.00; total reported value $0.00
- Vesting: Shares vest in full on November 20, 2026 (see footnote F1; subject to agreement terms)
- Shares owned after transaction: Not specified in the provided filing
- Timeliness: Filing dated 2026-06-16 for a 2026-06-12 transaction appears to be timely (within the two-business-day Form 4 window)
Context
This was an equity award (restricted stock) rather than an open-market purchase or sale. Such grants are common for executive/director compensation and do not by themselves indicate the insider buying or selling shares in the market. The shares are subject to vesting conditions until November 20, 2026.