Star Bulk Carriers (SBLK) director sells 11,500 company shares

Rhea-AI Filing Summary

Star Bulk Carriers director Raffaele Zagari sold 11,500 common shares in an open-market transaction at $22.7538 per share. Following this March 31, 2026 sale, he now directly holds 20,000 common shares of Star Bulk Carriers Corp.

Insider Trade Summary

Net Seller: 11,500 shares ($261,669)

Net Sell 1 txn

Insider Zagari Raffaele

Role Director

Sold 11,500 shs ($262K)

Type	Security	Shares	Price	Value
Sale	Common shares, par value $0.01 per share	11,500	$22.7538	$262K

Holdings After Transaction: Common shares, par value $0.01 per share — 20,000 shares (Direct)

Footnotes (1)

Key Figures

Shares sold: 11,500 shares Sale price per share: $22.7538 per share Shares held after transaction: 20,000 shares +1 more

4 metrics

Shares sold 11,500 shares Open-market sale on March 31, 2026

Sale price per share $22.7538 per share Price for common shares sold

Shares held after transaction 20,000 shares Direct ownership after sale

Share class Common shares, par value $0.01 Security title reported in the filing

Key Terms

open-market sale, Common shares, par value $0.01 per share, Form 4/A, transaction code "S"

4 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common shares, par value $0.01 per share financial

"security_title": "Common shares, par value $0.01 per share""

Form 4/A regulatory

"INSIDER FILING DATA (Form 4/A)"

Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.

transaction code "S" regulatory

"transaction_code": "S""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Zagari Raffaele

(Last) (First) (Middle)

C/O STAR BULK MANAGEMENT INC

40 AG KONSTANTINOU

(Street)

ATHENS 15124

(City) (State) (Zip)

GREECE

(Country)

2. Issuer Name and Ticker or Trading Symbol
Star Bulk Carriers Corp. [ SBLK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
04/01/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common shares, par value $0.01 per share	03/31/2026	03/31/2026	S		11,500	A	$22.7538	20,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Raffaele Zagari	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SBLK director Raffaele Zagari report?

Raffaele Zagari reported an open-market sale of 11,500 Star Bulk Carriers common shares. The transaction involved common shares with a par value of $0.01 per share and reflects a routine disposition rather than a grant or option exercise-related event.

At what price were the Star Bulk Carriers (SBLK) shares sold?

The 11,500 Star Bulk Carriers common shares were sold at $22.7538 per share. This reported price per share applies specifically to the March 31, 2026 open-market sale disclosed, and does not indicate any broader pricing range or valuation metric beyond this transaction.

How many SBLK shares does Raffaele Zagari hold after this sale?

After the March 31, 2026 transaction, Raffaele Zagari directly holds 20,000 Star Bulk Carriers common shares. This post-transaction balance, disclosed in the filing, helps show the remaining equity stake associated with this director following the 11,500-share open-market sale.

Was the SBLK transaction a buy or a sell by the insider?

The transaction was a sale of Star Bulk Carriers shares by the insider. It is classified as an open-market sale with transaction code “S,” indicating a disposition of 11,500 common shares rather than a purchase or derivative exercise event.

Does the SBLK Form 4/A involve derivative securities or options?

The Form 4/A transaction involves only non-derivative common shares of Star Bulk Carriers. The derivative summary section is empty, indicating there were no option exercises, warrant conversions, or other derivative transactions reported in this particular insider filing.