Key facts
- This page summarizes John C. Wobensmith's Form 4 filing for GENCO SHIPPING & TRADING LTD (GNK).
- 11 reported transactions and 7 derivative rows are listed below.
- Accepted by SEC: 23 Feb 2026, 21:15.
John C. Wobensmith - 23 Feb 2026 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)
- Reporting relationship
- Chairman, CEO, and President, Director
- Issuer ticker
- GNK
- Reported as of
- 23 Feb 2026
- Net transaction value
- -$928,513
- SEC form
- 4
- Accepted by SEC
- 23 Feb 2026, 21:15:46 UTC
- Prior SEC filing
- 18 Feb 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ John C. Wobensmith
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
John C. Wobensmith filed Form 4 for GENCO SHIPPING & TRADING LTD (GNK) on 23 Feb 2026.
Change
- Previous filing in this sequence was filed on 18 Feb 2026.
- Current net transaction value: -$928,513.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
CIK 0001333673
Primary reporting owner
WOBENSMITH JOHN C
- Relationship
- Chairman, CEO, and President, Director
- Address
- C/O GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK
- Signature
- /s/ John C. Wobensmith
- 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
- +17,059
- Change %
- +3.2%
- Price
- Shares after
- 542,434
- Date
- 23 Feb 2026
- Ownership
- Direct
- Footnotes
- F1
GNK
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +12,842
- Change %
- +2.4%
- Price
- Shares after
- 555,276
- Date
- 23 Feb 2026
- Ownership
- Direct
- Footnotes
- F1
GNK
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +13,293
- Change %
- +2.4%
- Price
- Shares after
- 568,569
- Date
- 23 Feb 2026
- Ownership
- Direct
- Footnotes
- F1
GNK
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +22,508
- Change %
- +4%
- Price
- Shares after
- 591,077
- Date
- 23 Feb 2026
- Ownership
- Direct
- Footnotes
- F1
GNK
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +12,784
- Change %
- +2.2%
- Price
- Shares after
- 603,861
- Date
- 23 Feb 2026
- Ownership
- Direct
- Footnotes
- F1
GNK
transaction
Common Stock
Sale
- Transaction value
- $928,513
- Shares
- -39,244
- Change %
- -6.5%
- Price
- $23.66
- Shares after
- 564,617
- Date
- 23 Feb 2026
- Ownership
- Direct
- Footnotes
- F2, F3
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
- -17,059
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 34,119
- Date
- 23 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 17,059
- Exercise price
- Footnotes
- F1, F4, F6
GNK
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -12,842
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 12,843
- Date
- 23 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 12,842
- Exercise price
- Footnotes
- F1, F4, F7
GNK
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -13,293
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 23 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 13,293
- Exercise price
- Footnotes
- F1, F4, F8
GNK
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -22,508
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 45,016
- Date
- 23 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 22,508
- Exercise price
- Footnotes
- F1, F4, F9
GNK
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -12,784
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 12,776
- Date
- 23 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 12,784
- Exercise price
- Footnotes
- F1, F4, F10
GNK
holding
Derivative
Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 41,770
- Date
- 23 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 41,770
- Exercise price
- Footnotes
- F4, F5
GNK
holding
Derivative
Option
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 69,284
- Date
- 23 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 69,284
- Exercise price
- $9.91
- Footnotes
- F11
* 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 11 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
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 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.
Footnote 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.
Footnote F5
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 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.
Footnote 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.
Footnote 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.
Footnote 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.
Footnote 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.
Footnote F11
These options generally become exercisable in equal installments on each of the first three anniversaries of February 23, 2021.