John C. Wobensmith - Sep 8, 2025 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Signature
/s/ John C. Wobensmith
Stock symbol
GNK
Transactions as of
Sep 8, 2025
Transactions value $
-$1,131,236
Form type
4
Date filed
9/10/2025, 06:36 PM
Previous filing
Mar 6, 2025
Next filing
Sep 15, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WOBENSMITH JOHN C Chairman, CEO, and President, Director 35 WEST 56TH STREET, NEW YORK /s/ John C. Wobensmith 2025-09-10 0001333673

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNK Common Stock Options Exercise $1.19M +169K +33.32% $7.06 674K Sep 8, 2025 Direct F1
transaction GNK Common Stock Sale -$1.19M -65.9K -9.77% $18.06 608K Sep 8, 2025 Direct F2
transaction GNK Common Stock Sale -$937K -52K -8.55% $18.01 556K Sep 8, 2025 Direct F3, F4
transaction GNK Common Stock Sale -$195K -10.8K -1.93% $18.11 546K Sep 9, 2025 Direct F3, F4

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 Option Options Exercise $0 -169K -100% $0.00 0 Sep 8, 2025 Common Stock 169K $7.06 Direct F1, F12
holding GNK Restricted Stock Units 51.2K Sep 8, 2025 Common Stock 51.2K Direct F5, F6
holding GNK Restricted Stock Units 25.7K Sep 8, 2025 Common Stock 25.7K Direct F5, F7
holding GNK Restricted Stock Units 13.3K Sep 8, 2025 Common Stock 13.3K Direct F5, F8
holding GNK Restricted Stock Units 67.5K Sep 8, 2025 Common Stock 67.5K Direct F5, F9
holding GNK Restricted Stock Units 40.9K Sep 8, 2025 Common Stock 40.9K Direct F5, F10
holding GNK Option 69.3K Sep 8, 2025 Common Stock 69.3K $9.91 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents exercise of stock options held by the reporting person that were scheduled to expire, if not exercised, at 5:00 p.m. on February 25, 2026.
F2 Represents shares withheld by the issuer for the cashless exercise of options for 168,539 shares of the issuer's common stock.
F3 A majority 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.
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.
F5 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.
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.
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.
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.
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.
F11 These options generally became exercisable in equal installments on each of the first three anniversaries of February 23, 2021.
F12 These options generally became exercisable in equal installments on each of the first three anniversaries of February 25, 2020.