Form 4 for GNK GENCO SHIPPING & TRADING LTD
Accepted 2025-09-10 00:00:00 ET · period of report 2025-09-08 · accession 0001140361-25-034590 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-09-10 | 2025-09-08+ | GNK | WOBENSMITH JOHN C | COB, CEO, Pres, Dir | S - Sale+OE | $18.04 | -128.6K | 608.5K | -17% | -$2.32M |
| D | 2025-09-10 | 2025-09-08 | GNK | WOBENSMITH JOHN C | COB, CEO, Pres, Dir | M - OptEx | $7.06 | +168.5K | 674.4K | +33% | +$1.19M |
| D | 2025-09-10 | 2025-09-08 | GNK | WOBENSMITH JOHN C | COB, CEO, Pres, Dir | M - OptEx | $0.00 | -168.5K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-09-08 | S | D | 52,000 | $18.01 | 556,485 | D | — | — | (F4) The prices reported in Column 4 are weighted average prices. The shares were sold in multiple transactions at prices ranging from $18.00 to $18.06 (inclusive) on September 8, 2025 and from $18.08 to $18.18 (inclusive) on September 9, 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. |
| 2 | Common | Common Stock | 2025-09-09 | S | D | 10,752 | $18.11 | 545,733 | D | — | — | (F4) The prices reported in Column 4 are weighted average prices. The shares were sold in multiple transactions at prices ranging from $18.00 to $18.06 (inclusive) on September 8, 2025 and from $18.08 to $18.18 (inclusive) on September 9, 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. |
| 3 | Common | Common Stock | 2025-09-08 | M | A | 168,539 | $7.06 | 674,370 | D | — | — | |
| 4 | Common | Common Stock | 2025-09-08 | S | D | 65,885 | $18.06 | 608,485 | D | — | — | |
| 5 | Derivative | Option | 2025-09-08 | M | D | 168,539 | $0.00 | 0 | D | $7.06 · 2021-02-25 to 2026-02-25 | 168,539 Common Stock | (F12) These options generally became exercisable in equal installments on each of the first three anniversaries of February 25, 2020. |