Director Nikolaos Karellis filed a Form 4 with the SEC on September 16, 2026, reporting the purchase of 2,000 common shares of Star Bulk Carriers Corp. on September 15, 2026, through the company's Parallel Offering on Euronext Athens.

Key Highlights

  • Reporting person: Nikolaos Karellis, identified as a Director of Star Bulk Carriers Corp.
  • Transaction: Purchase (code P) of 2,000 common shares, par value $0.01 per share, on September 15, 2026.
  • Price paid: Euro 24.50 per share, or the equivalent of $28.27 per share, according to the filing's remarks.
  • Context: The filing states the shares were acquired through "the Parallel Offering undertaken by STAR BULK CARRIERS CORP in Greece, following its dual listing on EURONEXT ATHENS."
  • Beneficial ownership following transaction: 9,580 common shares held directly.

Director Karellis Participates in Star Bulk's Euronext Athens Parallel Offering

According to the Form 4 filed on September 16, 2026, Nikolaos Karellis, a director of Star Bulk Carriers Corp. (NASDAQ:SBLK), acquired 2,000 newly issued common shares on September 15, 2026. The filing identifies the transaction code as "P," indicating a purchase. The shares carry a par value of $0.01 per share.

The filing's remarks section states that the acquisition was made through participation in "the Parallel Offering undertaken by STAR BULK CARRIERS CORP in Greece, following its dual listing on EURONEXT ATHENS." The offering price was euro 24.50 per share, described in the filing as equivalent to $28.27 per share. The total cost implied by these figures is 2,000 shares at $28.27 each, consistent with the filing's reported price.

Following this transaction, Karellis is reported to beneficially own 9,580 common shares directly. No derivative securities transactions were reported in Table II of the filing. The Form 4 was filed by one reporting person and is not indicated to be an amendment to a prior filing.

What Was Disclosed

Director Nikolaos Karellis reported buying 2,000 common shares of Star Bulk Carriers Corp. at $28.27 per share (euro 24.50) on September 15, 2026, through the company's Greek Parallel Offering tied to its Euronext Athens dual listing, bringing his direct beneficial ownership to 9,580 shares.