STOCK TITAN

Director at Star Bulk (NASDAQ: SBLK) receives 1,760 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Weum Mikkel Storm reported acquisition or exercise transactions in this Form 4 filing.

Star Bulk Carriers Corp. director Mikkel Storm Weum received a grant of 1,760 shares of restricted common stock as equity compensation. The shares were awarded at no cash cost to him, reflecting a stock-based compensation arrangement rather than an open-market purchase.

According to the grant agreement effective June 12, 2026, these restricted shares vest in full on November 20, 2026, subject to its terms and conditions. After this grant, Weum directly holds 1,760 shares of Star Bulk common stock.

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Insider Weum Mikkel Storm
Role null
Type Security Shares Price Value
Grant/Award Common Stock (Restricted Stock) 1,760 $0.00 --
Holdings After Transaction: Common Stock (Restricted Stock) — 1,760 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted shares granted 1,760 shares Grant of restricted common stock on June 12, 2026
Grant price per share $0.00 per share Equity compensation grant, no cash paid by director
Shares held after transaction 1,760 shares Director’s direct holdings post-grant
Vesting date November 20, 2026 Restricted stock vests in full on this date
restricted stock financial
"Represents a grant of shares of restricted stock issued pursuant to a restricted stock agreement"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) shows the equity grant details"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
equity compensation financial
"Represents a grant of shares of restricted stock issued as equity compensation to the director"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
vesting financial
"The shares vest in full on November 20, 2026, subject to the terms and conditions"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Weum Mikkel Storm

(Last)(First)(Middle)
BILLINGSTADASEN 35A

(Street)
BILLINGSTAD1396

(City)(State)(Zip)

NORWAY

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock (Restricted Stock)(1)06/12/2026A1,760A$01,760D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a grant of shares of restricted stock issued pursuant to a restricted stock agreement dated and effective June 12, 2026. The shares vest in full on November 20, 2026, subject to the terms and conditions of the agreement.
/s/ Mikkel Storm Weum06/16/2026
** Signature of Reporting PersonDate
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 Star Bulk (SBLK) report for Mikkel Storm Weum?

Star Bulk reported that director Mikkel Storm Weum received a grant of 1,760 shares of restricted common stock. The award was made on June 12, 2026 as stock-based compensation, not through an open-market purchase or sale of SBLK shares.

Is the SBLK Form 4 transaction a stock buy or sale by the director?

The SBLK Form 4 shows an acquisition through a grant, not a market buy or sale. Weum received 1,760 restricted shares at no cash cost, categorized as a compensation-related award rather than a discretionary trading decision in Star Bulk stock.

When do Mikkel Storm Weum’s 1,760 restricted SBLK shares vest?

The 1,760 restricted shares granted to Mikkel Storm Weum vest in full on November 20, 2026. Vesting is subject to the terms and conditions of the restricted stock agreement that became effective on June 12, 2026 for this Star Bulk award.

How many Star Bulk (SBLK) shares does the director hold after this Form 4?

Following the restricted stock grant, Weum directly holds 1,760 shares of Star Bulk common stock. This figure reflects his post-transaction ownership reported in the Form 4 and consists entirely of the newly awarded restricted shares from the June 12, 2026 grant.

What does a restricted stock grant mean for Star Bulk (SBLK) insiders?

A restricted stock grant gives an insider shares that typically vest over time, aligning incentives with shareholders. In this case, Weum’s 1,760 restricted SBLK shares vest on November 20, 2026, encouraging longer-term commitment under the grant’s specific terms and conditions.