Form 4: Genco Shipping & Trading Insider Sells Shares

Sentiment:

Insider Transaction (Form 4)


Diana Shipping Inc. reported changes in beneficial ownership of Genco Shipping & Trading Ltd common stock on August 25, 2026.

Summary

  • Open-market sale: disposed of 75,000 Common Shares at $26.62 ($1,996,500) on August 25, 2026; holds 4,989,548 after (Direct).
  • Open-market sale: disposed of 75,000 Common Shares at $26.52 ($1,989,000) on August 25, 2026; holds 4,914,548 after (Direct).
  • Open-market sale: disposed of 75,000 Common Shares at $26.50 ($1,987,500) on August 25, 2026; holds 4,839,548 after (Direct).
  • Open-market sale: disposed of 75,000 Common Shares at $26.51 ($1,988,250) on August 25, 2026; holds 4,764,548 after (Direct).
  • Open-market sale: disposed of 348,256 Common Shares at $26.56 ($9,249,679) on August 25, 2026; holds 4,416,292 after (Direct).

Sentiment

Score: 2

Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $17,210,929 of stock on the open market.

Insider Transactions

Diana Shipping Inc. — 10% owner

DateTransactionSecuritySharesPriceValueHeld After
2026-08-25Open-market saleCommon Shares75,000$27$2.0M4,989,548
2026-08-25Open-market saleCommon Shares75,000$27$2.0M4,914,548
2026-08-25Open-market saleCommon Shares75,000$27$2.0M4,839,548
2026-08-25Open-market saleCommon Shares75,000$27$2.0M4,764,548
2026-08-25Open-market saleCommon Shares348,256$27$9.2M4,416,292

Key Dates

DateDescription
2026-08-25Open-market sale (75,000 shares)
2026-08-25Open-market sale (75,000 shares)
2026-08-25Open-market sale (75,000 shares)
2026-08-25Open-market sale (75,000 shares)
2026-08-25Open-market sale (348,256 shares)

Keywords

insider transaction, Form 4, GNK, GENCO SHIPPING & TRADING LTD, bearish, Diana Shipping Inc.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.