Jesper Christensen - 08 Sep 2025 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
10 Sep 2025, 18:38:24 UTC
Prior SEC filing
25 Feb 2025
Next SEC filing
18 Feb 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jesper Christensen

Key filing fact

Jesper Christensen filed Form 4 for GENCO SHIPPING & TRADING LTD (GNK) on 10 Sep 2025.

Key facts

  • This page summarizes Jesper Christensen's Form 4 filing for GENCO SHIPPING & TRADING LTD (GNK).
  • 7 reported transactions and 7 derivative rows are listed below.
  • Accepted by SEC: 10 Sep 2025, 18:38.

Change

  • Previous filing in this sequence was filed on 25 Feb 2025.
  • Current net transaction value: -$252,817.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001972855 Primary reporting owner

Christensen Jesper

Relationship
Chief Commercial Officer
Address
GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK
Signature
/s/ Jesper Christensen
Signature date
10 Sep 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GNK transaction

Common Stock

Options Exercise

Transaction value
$231,363
Shares
+32,771
Change %
+57%
Price
$7.06
Shares after
90,093
Date
08 Sep 2025
Ownership
Direct
Footnotes
F1
GNK transaction

Common Stock

Sale

Transaction value
$231,349
Shares
-12,810
Change %
-14%
Price
$18.06
Shares after
77,283
Date
08 Sep 2025
Ownership
Direct
Footnotes
F2
GNK transaction

Common Stock

Options Exercise

Transaction value
$133,508
Shares
+13,472
Change %
+17%
Price
$9.91
Shares after
90,755
Date
08 Sep 2025
Ownership
Direct
Footnotes
F3
GNK transaction

Common Stock

Sale

Transaction value
$133,500
Shares
-7,392
Change %
-8.1%
Price
$18.06
Shares after
83,363
Date
08 Sep 2025
Ownership
Direct
Footnotes
F4
GNK transaction

Common Stock

Sale

Transaction value
$252,840
Shares
-14,000
Change %
-17%
Price
$18.06
Shares after
69,363
Date
08 Sep 2025
Ownership
Direct
Footnotes
F5, F6

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GNK transaction Derivative

Option

Options Exercise

Transaction value
$0
Shares
-13,472
Change %
-100%
Price
$0.000000
Shares after
0
Date
08 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,472
Exercise price
$9.91
Footnotes
F3, F13
GNK transaction Derivative

Option

Options Exercise

Transaction value
$0
Shares
-32,771
Change %
-100%
Price
$0.000000
Shares after
0
Date
08 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
32,771
Exercise price
$7.06
Footnotes
F3, F14
GNK holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
30,303
Date
08 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,303
Exercise price
Footnotes
F7, F8
GNK holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,421
Date
08 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,421
Exercise price
Footnotes
F7, F9
GNK holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,135
Date
08 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,135
Exercise price
Footnotes
F7, F10
GNK holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
9,646
Date
08 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,646
Exercise price
Footnotes
F7, F11
GNK holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,135
Date
08 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,135
Exercise price
Footnotes
F7, F12
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 14 footnotes

Footnote 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.

Footnote F2

Represents shares withheld by the issuer for the cashless exercise of options for 32,771 shares of the issuer's common stock.

Footnote F3

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 23, 2027.

Footnote F4

Represents shares withheld by the issuer for the cashless exercise of options for 13,472 shares of the issuer's common stock.

Footnote F5

A portion of these shares was sold in order to satisfy the reporting person's tax obligations for shares of common stock received upon the exercise of options.

Footnote F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.97 to $18.16 (inclusive) on September 8, 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.

Footnote F7

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.

Footnote F8

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.

Footnote F9

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.

Footnote F10

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.

Footnote F11

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.

Footnote F12

These restricted stock units generally vest in equal installments on each of the first five anniversaries of February 23, 2022, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.

Footnote F13

These options generally become exercisable in equal installments on each of the first three anniversaries of February 23, 2021.

Footnote F14

These options generally became exercisable in equal installments on each of the first three anniversaries of February 25, 2020.

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