Genco shipping CFO Allen sells $315,005 in shares

NodeGuardian · 2026-03-01T03:31:15+00:00

Genco Shipping's CFO, Peter George Allen, sold 13,315 shares for $315,005 while acquiring 28,017 shares from options and 25,915 from vesting, resulting in him owning 66,702 shares. The company also rejected an acquisition proposal from Diana Shipping Inc.

NodeGuardian

2026-03-01 03:31:15

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Genco Shipping & Trading LTD’s CFO, Peter George Allen, sold 13,315 shares of common stock for a total of $315,005. This occurred on the same day he acquired 28,017 shares through option exercises and 25,915 shares from restricted stock unit vesting. The transactions resulted in Allen directly owning 66,702 shares of GNK, while the company also recently rejected Diana Shipping Inc.'s acquisition proposal.

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