Peter George Allen - 23 Feb 2026 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
23 Feb 2026, 21:15:42 UTC
Prior SEC filing
18 Feb 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Peter Allen

Key filing fact

Peter George Allen filed Form 4 for GENCO SHIPPING & TRADING LTD (GNK) on 23 Feb 2026.

Key facts

  • This page summarizes Peter George Allen's Form 4 filing for GENCO SHIPPING & TRADING LTD (GNK).
  • 14 reported transactions and 7 derivative rows are listed below.
  • Accepted by SEC: 23 Feb 2026, 21:15.

Change

  • Previous filing in this sequence was filed on 18 Feb 2026.
  • Current net transaction value: -$293,422.

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 0001980843 Primary reporting owner

Allen Peter George

Relationship
Chief Financial Officer
Address
C/O GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK,
Signature
/s/ Peter Allen
Signature date
23 Feb 2026

Reported non-derivative transactions

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

GNK transaction

Common Stock

Options Exercise

Transaction value
Shares
+10,101
Change %
+19%
Price
Shares after
62,103
Date
23 Feb 2026
Ownership
Direct
Footnotes
F1
GNK transaction

Common Stock

Options Exercise

Transaction value
Shares
+5,962
Change %
+9.6%
Price
Shares after
68,065
Date
23 Feb 2026
Ownership
Direct
Footnotes
F1
GNK transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,306
Change %
+1.9%
Price
Shares after
69,371
Date
23 Feb 2026
Ownership
Direct
Footnotes
F1
GNK transaction

Common Stock

Options Exercise

Transaction value
Shares
+3,323
Change %
+4.8%
Price
Shares after
72,694
Date
23 Feb 2026
Ownership
Direct
Footnotes
F1
GNK transaction

Common Stock

Options Exercise

Transaction value
Shares
+5,145
Change %
+7.1%
Price
Shares after
77,839
Date
23 Feb 2026
Ownership
Direct
Footnotes
F1
GNK transaction

Common Stock

Options Exercise

Transaction value
$21,584
Shares
+2,178
Change %
+2.8%
Price
$9.91
Shares after
80,017
Date
23 Feb 2026
Ownership
Direct
Footnotes
F2
GNK transaction

Common Stock

Sale

Transaction value
$21,574
Shares
-913
Change %
-1.1%
Price
$23.63
Shares after
79,104
Date
23 Feb 2026
Ownership
Direct
Footnotes
F3
GNK transaction

Common Stock

Sale

Transaction value
$293,431
Shares
-12,402
Change %
-16%
Price
$23.66
Shares after
66,702
Date
23 Feb 2026
Ownership
Direct
Footnotes
F4, F5

Reported derivative securities

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

GNK transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-10,101
Change %
-33%
Price
$0.000000
Shares after
20,202
Date
23 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,101
Exercise price
Footnotes
F1, F6, F8
GNK transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-5,962
Change %
-50%
Price
$0.000000
Shares after
5,963
Date
23 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,962
Exercise price
Footnotes
F1, F6, F9
GNK transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,306
Change %
-100%
Price
$0.000000
Shares after
0
Date
23 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,306
Exercise price
Footnotes
F1, F6, F10
GNK transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-3,323
Change %
-100%
Price
$0.000000
Shares after
0
Date
23 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,323
Exercise price
Footnotes
F1, F6, F10
GNK transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-5,145
Change %
-33%
Price
$0.000000
Shares after
10,290
Date
23 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,145
Exercise price
Footnotes
F1, F6, F11
GNK transaction Derivative

Option

Options Exercise

Transaction value
$0
Shares
-2,178
Change %
-100%
Price
$0.000000
Shares after
0
Date
23 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,178
Exercise price
$9.91
Footnotes
F2, F12
GNK holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
24,863
Date
23 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
24,863
Exercise price
Footnotes
F6, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 12 footnotes

Footnote F1

The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting.

Footnote F2

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 F3

Represents shares withheld by the issuer for the cashless exercise of options for 2,178 shares of the issuer's common stock.

Footnote F4

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.

Footnote F5

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.

Footnote F6

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 F7

These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2026, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.

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

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