John C. Wobensmith - Sep 12, 2025 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Signature
/s/ John C. Wobensmith
Stock symbol
GNK
Transactions as of
Sep 12, 2025
Transactions value $
-$712,760
Form type
4
Date filed
9/15/2025, 08:02 PM
Previous filing
Sep 10, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WOBENSMITH JOHN C Chairman, CEO, and President, Director C/O GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK /s/ John C. Wobensmith 2025-09-15 0001333673

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNK Common Stock Sale -$362K -20K -3.66% $18.12 526K Sep 12, 2025 Direct F1, F2
transaction GNK Common Stock Sale -$350K -19K -3.61% $18.44 507K Sep 15, 2025 Direct F1, F2

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
holding GNK Restricted Stock Units 51.2K Sep 12, 2025 Common Stock 51.2K Direct F3, F4
holding GNK Restricted Stock Units 25.7K Sep 12, 2025 Common Stock 25.7K Direct F3, F5
holding GNK Restricted Stock Units 13.3K Sep 12, 2025 Common Stock 13.3K Direct F3, F6
holding GNK Restricted Stock Units 67.5K Sep 12, 2025 Common Stock 67.5K Direct F3, F7
holding GNK Restricted Stock Units 40.9K Sep 12, 2025 Common Stock 40.9K Direct F3, F8
holding GNK Option 69.3K Sep 12, 2025 Common Stock 69.3K $9.91 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A portion of these shares were sold in order to satisfy the reporting person's tax obligations for shares of common stock received upon the exercise of options on September 8, 2025. The reporting person has no present intention to sell additional shares of the issuer.
F2 The prices reported in Column 4 are weighted average prices. The shares were sold in multiple transactions at prices ranging from $18.10 to $18.18 (inclusive) on September 12, 2025 and from $18.30 to $18.60 (inclusive) on September 15, 2025. The reporting person undertakes to provide to Genco Shipping & Trading Limited, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 Each restricted stock unit 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 restricted stock unit vests.
F4 These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2025, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
F5 These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2024, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
F6 These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2023, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
F7 These restricted stock units generally vest in equal installments on each of the first five anniversaries of February 23, 2023, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
F8 These restricted stock units generally vest in installments of 21.43% per annum on each of the first three anniversaries of February 23, 2022, 17.86% on the fourth such anniversary, and 17.85% on the fifth such anniversary, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
F9 These options generally became exercisable in equal installments on each of the first three anniversaries of February 23, 2021.