Centerbridge Credit Partners General Partner, L.P., 10% Owner at GENCO SHIPPING & TRADING LTD (GNKSF), sold 170,641 shares at $7.20 ($1.2M) on 2020-12-24, disclosed to the SEC on 2020-12-29.
Scheduled sale ($1.2M) by 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $7.30 | 8,909 | $65K | 5.3% |
| 2 | $7.30 | 8,909 | $65K | 5.3% |
| 3 | $7.20 | 5,091 | $37K | 3.0% |
| 4 | $7.20 | 14,909 | $107K | 8.8% |
| 5 | $7.20 | 14,909 | $107K | 8.8% |
| 6 | $7.17 | 2,086 |
| $15K |
| 1.2% |
| 7 | $7.17 | 7,637 | $55K | 4.5% |
| 8 | $7.17 | 7,637 | $55K | 4.5% |
| 9 | $7.17 | 20,277 | $145K | 11.9% |
| 10 | $7.17 | 20,277 | $145K | 11.9% |
| 11 | $7.13 | 7,637 | $54K | 4.4% |
| 12 | $7.13 | 7,637 | $54K | 4.4% |
| 13 | $7.13 | 22,363 | $159K | 13.0% |
| 14 | $7.13 | 22,363 | $159K | 13.0% |
| Total | $7.18 avg | 170,641 | $1.2M | 100% |
| Filing → |
| MPO | SELL | 2017-10-05 | $2.1M | — | Filing → |
| MPO | SELL | 2017-09-28 | $2.4M | — | Filing → |
| MPO | SELL | 2017-09-25 | $3.7M | — | Filing → |