Form 4 for GNK GENCO SHIPPING & TRADING LTD
Accepted 2026-02-23 00:00:00 ET · period of report 2026-02-23 · accession 0001140361-26-006466 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMT | 2026-02-23 | 2026-02-23 | GNK | WOBENSMITH JOHN C | COB, CEO, Pres, Dir | M - OptEx | — | +78.5K | 603.9K | +15% | — |
| DT | 2026-02-23 | 2026-02-23 | GNK | WOBENSMITH JOHN C | COB, CEO, Pres, Dir | S - Sale+OE | $23.66 | -39.2K | 564.6K | -6% | -$928.5K |
| DMT | 2026-02-23 | 2026-02-23 | GNK | WOBENSMITH JOHN C | COB, CEO, Pres, Dir | M - OptEx | $0.00 | -78.5K | 12.8K | -86% | $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 | 2026-02-23 | M | A | 13,293 | — | 568,569 | D | — | — | (F1) The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting. |
| 2 | Common | Common Stock | 2026-02-23 | M | A | 12,842 | — | 555,276 | D | — | — | (F1) The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting. |
| 3 | Common | Common Stock | 2026-02-23 | M | A | 17,059 | — | 542,434 | D | — | — | (F1) The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting. |
| 4 | Common | Common Stock | 2026-02-23 | M | A | 22,508 | — | 591,077 | D | — | — | (F1) The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting. |
| 5 | Common | Common Stock | 2026-02-23 | M | A | 12,784 | — | 603,861 | D | — | — | (F1) The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting. |
| 6 | Common | Common Stock | 2026-02-23 | S | D | 39,244 | $23.66 | 564,617 | D | — | — | (F2) These shares were sold under instructions given in a previously existing plan established in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in order to satisfy the reporting person's tax obligations for restricted stock units that vested on February 23, 2026. (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.19 to $24.07 (inclusive) on February 23, 2026. 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. |
| 7 | Derivative | Restricted Stock Units | 2026-02-23 | M | D | 12,784 | $0.00 | 12,776 | D | — · — to — | 12,784 Common Stock | (F4) 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. (F1) The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting. (F10) 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. |
| 8 | Derivative | Restricted Stock Units | 2026-02-23 | M | D | 17,059 | $0.00 | 34,119 | D | — · — to — | 17,059 Common Stock | (F4) 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. (F6) 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. (F1) The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting. |
| 9 | Derivative | Restricted Stock Units | 2026-02-23 | M | D | 13,293 | $0.00 | 0 | D | — · — to — | 13,293 Common Stock | (F4) 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. (F1) The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting. (F8) 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. |
| 10 | Derivative | Restricted Stock Units | 2026-02-23 | M | D | 22,508 | $0.00 | 45,016 | D | — · — to — | 22,508 Common Stock | (F4) 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. (F9) 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. (F1) The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting. |
| 11 | Derivative | Restricted Stock Units | 2026-02-23 | M | D | 12,842 | $0.00 | 12,843 | D | — · — to — | 12,842 Common Stock | (F7) 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. (F4) 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. (F1) The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting. |