BASIL G. MAVROLEON - 30 May 2025 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Role
Director
Signature
/s/ Basil G. Mavroleon
Issuer symbol
GNK
Transactions as of
30 May 2025
Transactions value $
$0
Form type
4
Filing time
03 Jun 2025, 21:00:33 UTC
Previous filing
22 May 2025
Next filing
26 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MAVROLEON BASIL G Director C/O GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK /s/ Basil G. Mavroleon 03 Jun 2025 0001333551

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GNK Common Stock 739 30 May 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GNK Restricted Stock Units Award $0 +20.2 +1.13% $0.00 1.81K 30 May 2025 Common Stock 20.2 Direct F1, F2, F13
transaction GNK Restricted Stock Units Award $0 +290 +1.13% $0.00 25.8K 30 May 2025 Common Stock 290 Direct F1, F3, F13
transaction GNK Restricted Stock Units Award $0 +146 +1.13% $0.00 13K 30 May 2025 Common Stock 146 Direct F1, F4, F13
transaction GNK Restricted Stock Units Award $0 +82.6 +1.13% $0.00 7.38K 30 May 2025 Common Stock 82.6 Direct F1, F5, F13
transaction GNK Restricted Stock Units Award $0 +171 +1.13% $0.00 15.3K 30 May 2025 Common Stock 171 Direct F1, F6, F13
transaction GNK Restricted Stock Units Award $0 +226 +1.13% $0.00 20.1K 30 May 2025 Common Stock 226 Direct F1, F7, F13
transaction GNK Restricted Stock Units Award $0 +87.2 +1.13% $0.00 7.79K 30 May 2025 Common Stock 87.2 Direct F1, F8, F13
transaction GNK Restricted Stock Units Award $0 +68.2 +1.13% $0.00 6.09K 30 May 2025 Common Stock 68.2 Direct F1, F9, F13
transaction GNK Restricted Stock Units Award $0 +94.4 +1.13% $0.00 8.43K 30 May 2025 Common Stock 94.4 Direct F1, F10, F13
transaction GNK Restricted Stock Units Award $0 +69.8 +1.13% $0.00 6.23K 30 May 2025 Common Stock 69.8 Direct F1, F11, F13
transaction GNK Restricted Stock Units Award $0 +102 +1.13% $0.00 9.06K 30 May 2025 Common Stock 102 Direct F1, F12, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the right to receive one share of the issuer's common stock, or in the sole discretion of the issuer's Compensation Committee, the value of a share of common stock on the date that the RSU vests.
F2 These RSUs vested on May 18, 2016.
F3 These RSUs vested on May 17, 2017.
F4 These RSUs vested on May 15, 2018.
F5 These RSUs vested on May 15, 2019.
F6 These RSUs vested on July 15, 2020.
F7 These RSUs vested on May 13, 2021.
F8 These RSUs vested on May 16, 2022.
F9 These RSUs vested on May 16, 2023.
F10 These RSUs vested on May 23, 2024.
F11 These RSUs vested on May 20, 2025.
F12 These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the May 20, 2025 grant date and (ii) the date that is fourteen months after the grant date.
F13 Represents additional RSUs granted in lieu of the right to receive the amount of cash dividends paid on the common stock underlying the previously outstanding RSUs pursuant to the terms of the governing RSU agreements. The number of additional RSUs is calculated by dividing the amount of the dividend by the closing price per share of the issuer's common stock on the dividend payment date.