James G. Dolphin - 26 Aug 2025 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Role
Director
Signature
/s/ James G. Dolphin
Issuer symbol
GNK
Transactions as of
26 Aug 2025
Net transactions value
$0
Form type
4
Filing time
28 Aug 2025, 17:20:30 UTC
Previous filing
26 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Dolphin James G Director C/O GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK /s/ James G. Dolphin 28 Aug 2025 0001417701

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNK Common Stock Options Exercise +632 632 26 Aug 2025 Direct F1
transaction GNK Common Stock Options Exercise +1,821 +288% 2,453 26 Aug 2025 Direct F1
transaction GNK Common Stock Options Exercise +26,074 +1063% 28,527 26 Aug 2025 Direct F1
transaction GNK Common Stock Options Exercise +13,140 +46% 41,667 26 Aug 2025 Direct F1
transaction GNK Common Stock Options Exercise +7,441 +18% 49,108 26 Aug 2025 Direct F1
transaction GNK Common Stock Options Exercise +15,426 +31% 64,534 26 Aug 2025 Direct F1
transaction GNK Common Stock Options Exercise +20,325 +31% 84,859 26 Aug 2025 Direct F1
transaction GNK Common Stock Options Exercise +16,174 +19% 101,033 26 Aug 2025 Direct F1
transaction GNK Common Stock Options Exercise +12,283 +12% 113,316 26 Aug 2025 Direct F1
transaction GNK Common Stock Options Exercise +17,007 +15% 130,323 26 Aug 2025 Direct F1
transaction GNK Common Stock Options Exercise +10,056 +7.7% 140,379 26 Aug 2025 Direct F1
transaction GNK Common Stock Options Exercise +14,627 +10% 155,006 26 Aug 2025 Direct F1

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 Options Exercise $0 -632 -100% $0.000000 0 26 Aug 2025 Common Stock 632 Direct F1, F2
transaction GNK Restricted Stock Units Options Exercise $0 -1,821 -100% $0.000000 0 26 Aug 2025 Common Stock 1,821 Direct F1, F3
transaction GNK Restricted Stock Units Options Exercise $0 -26,075 -100% $0.000000 0 26 Aug 2025 Common Stock 26,075 Direct F1, F4
transaction GNK Restricted Stock Units Options Exercise $0 -13,141 -100% $0.000000 0 26 Aug 2025 Common Stock 13,141 Direct F1, F5
transaction GNK Restricted Stock Units Options Exercise $0 -7,441 -100% $0.000000 0 26 Aug 2025 Common Stock 7,441 Direct F1, F6
transaction GNK Restricted Stock Units Options Exercise $0 -15,427 -100% $0.000000 0 26 Aug 2025 Common Stock 15,427 Direct F1, F7
transaction GNK Restricted Stock Units Options Exercise $0 -20,326 -100% $0.000000 0 26 Aug 2025 Common Stock 20,326 Direct F1, F8
transaction GNK Restricted Stock Units Options Exercise $0 -16,174 -100% $0.000000 0 26 Aug 2025 Common Stock 16,174 Direct F1, F9
transaction GNK Restricted Stock Units Options Exercise $0 -12,283 -100% $0.000000 0 26 Aug 2025 Common Stock 12,283 Direct F1, F10
transaction GNK Restricted Stock Units Options Exercise $0 -17,007 -100% $0.000000 0 26 Aug 2025 Common Stock 17,007 Direct F1, F11
transaction GNK Restricted Stock Units Options Exercise $0 -10,056 -100% $0.000000 0 26 Aug 2025 Common Stock 10,056 Direct F1, F12
transaction GNK Restricted Stock Units Options Exercise $0 -14,627 -100% $0.000000 0 26 Aug 2025 Common Stock 14,627 Direct F1, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

James G. Dolphin is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The Reporting Person became entitled to receive shares of common stock in settlement of these prior existing restricted stock units ("RSUs") in connection with his departure from the Issuer's Board of Directors on August 26, 2025. No new equity awards were granted in connection with such departure. Restricted stock units convert into common stock on a one-for-one basis with fractional shares settled in cash.
F2 These RSUs vested on July 17, 2015.
F3 These RSUs vested on May 18, 2016.
F4 These RSUs vested on May 17, 2017.
F5 These RSUs vested on May 15, 2018.
F6 These RSUs vested on May 15, 2019.
F7 These RSUs vested on July 15, 2020.
F8 These RSUs vested on May 13, 2021.
F9 These RSUs vested on May 16, 2022.
F10 These RSUs vested on May 16, 2023.
F11 These RSUs vested on May 23, 2024.
F12 These RSUs vested on May 20, 2025.
F13 Vesting of these RSUs was accelerated immediately prior the Reporting Person's departure from the Issuer's Board of Directors on August 26, 2025.