# EDGAR Filing Document

**Accession Number:** 0001326200
**File Stem:** 0001140361-25-034591
**Filing Date:** 2025-9
**Character Count:** 9944
**Document Hash:** f56a468fc9daad39a9740d431c59c3ab
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-25-034591.hdr.sgml**: 20250910

**ACCESSION NUMBER**: 0001140361-25-034591

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250908

**FILED AS OF DATE**: 20250910

**DATE AS OF CHANGE**: 20250910

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Christensen Jesper
- **CENTRAL INDEX KEY:** 0001972855

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-33393
- **FILM NUMBER:** 251306852

**MAIL ADDRESS:**
- **STREET 1:** GENCO SHIPPING & TRADING LIMITED
- **STREET 2:** 299 PARK AVENUE, 12TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10171
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GENCO SHIPPING & TRADING LTD
- **CENTRAL INDEX KEY:** 0001326200
- **STANDARD INDUSTRIAL CLASSIFICATION:** DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** 1T
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 299 PARK AVENUE
- **STREET 2:** 12TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10171
- **BUSINESS PHONE:** (646) 443-8550

**MAIL ADDRESS:**
- **STREET 1:** 299 PARK AVENUE
- **STREET 2:** 12TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10171

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

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] 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**<sup>*</sup><br>Christensen Jesper<br><sub>(Last) (First) (Middle)</sub><br>GENCO SHIPPING & TRADING LIMITED<br>299 PARK AVENUE, 12TH FLOOR<br><sub>(Street)</sub><br>NEW YORK, NY 10171<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-09-08 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Commercial Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>GENCO SHIPPING & TRADING LTD [ GNK ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2025-09-08 |  | M<sup>(1)</sup> |  | 32771 | A | $7.06 | 90093 | D |  |
| Common Stock | 2025-09-08 |  | S<sup>(2)</sup> |  | 12810 | D | $18.06 | 77283 | D |  |
| Common Stock | 2025-09-08 |  | M<sup>(3)</sup> |  | 13472 | A | $9.91 | 90755 | D |  |
| Common Stock | 2025-09-08 |  | S<sup>(4)</sup> |  | 7392 | D | $18.06 | 83363 | D |  |
| Common Stock | 2025-09-08 |  | S<sup>(5)</sup> |  | 14000 | D | 18.06<sup>(6)</sup> | 69363 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(7)(8)</sup> |  |  |  |  |  |  | <sup>(8)</sup> | <sup>(8)</sup> | Common Stock | 30303 |  | 30303 | D |  |
| Restricted Stock Units | <sup>(7)(9)</sup> |  |  |  |  |  |  | <sup>(9)</sup> | <sup>(9)</sup> | Common Stock | 6421 |  | 6421 | D |  |
| Restricted Stock Units | <sup>(7)(10)</sup> |  |  |  |  |  |  | <sup>(10)</sup> | <sup>(10)</sup> | Common Stock | 6135 |  | 6135 | D |  |
| Restricted Stock Units | <sup>(7)(11)</sup> |  |  |  |  |  |  | <sup>(11)</sup> | <sup>(11)</sup> | Common Stock | 9646 |  | 9646 | D |  |
| Restricted Stock Units | <sup>(7)(12)</sup> |  |  |  |  |  |  | <sup>(12)</sup> | <sup>(12)</sup> | Common Stock | 6135 |  | 6135 | D |  |
| Option | $9.91 | 2025-09-08 |  | M<sup>(3)</sup> |  |  | 13472 | 2022-02-23<sup>(13)</sup> | 2027-02-23 | Common Stock | 13472 | $0 | 0 | D |  |
| Option | $7.06 | 2025-09-08 |  | M<sup>(3)</sup> |  |  | 32771 | 2021-02-25<sup>(14)</sup> | 2026-02-25 | Common Stock | 32771 | $0 | 0 | D |  |

---

### Footnotes:

(1) Represents exercise of stock options held by the reporting person that were scheduled to expire, if not exercised, at 5:00 p.m. on February 25, 2026.

(2) Represents shares withheld by the issuer for the cashless exercise of options for 32,771 shares of the issuer's common stock.

(3) Represents exercise of stock options held by the reporting person that were scheduled to expire, if not exercised, at 5:00 p.m. on February 23, 2027.

(4) Represents shares withheld by the issuer for the cashless exercise of options for 13,472 shares of the issuer's common stock.

(5) A portion of these shares was sold in order to satisfy the reporting person's tax obligations for shares of common stock received upon the exercise of options.

(6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.97 to $18.16 (inclusive) on September 8, 2025. 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.

(7) 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.

(8) 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.

(9) 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.

(10) 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.

(11) 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.

(12) These restricted stock units generally vest in equal installments on each of the first five anniversaries of February 23, 2022, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.

(13) These options generally become exercisable in equal installments on each of the first three anniversaries of February 23, 2021.

(14) These options generally became exercisable in equal installments on each of the first three anniversaries of February 25, 2020.

**Signature:** /s/ Jesper Christensen  
**Date:** 2025-09-10

### Remarks:

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.**