Centerbridge Special Credit Partners II, L.P., 10% Owner at GENCO SHIPPING & TRADING LTD (GNKSF), sold 225,680 shares at $8.29 ($1.9M) on 2021-01-11, disclosed to the SEC on 2021-01-12.
Scheduled sale ($1.9M) 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 | $8.62 | 25,456 | $219K | 11.5% |
| 2 | $8.62 | 25,456 | $219K | 11.5% |
| 3 | $8.62 | 27,384 | $236K | 12.4% |
| 4 | $8.62 | 27,384 | $236K | 12.4% |
| 5 | $8.29 | 7,637 | $63K | 3.3% |
| 6 | $8.29 | 7,637 |
| $63K |
| 3.3% |
| 7 | $8.29 | 8,215 | $68K | 3.6% |
| 8 | $8.29 | 8,215 | $68K | 3.6% |
| 9 | $8.29 | 14,148 | $117K | 6.2% |
| 10 | $8.29 | 14,148 | $117K | 6.2% |
| 11 | $8.23 | 7,637 | $63K | 3.3% |
| 12 | $8.23 | 7,637 | $63K | 3.3% |
| 13 | $8.23 | 8,215 | $68K | 3.6% |
| 14 | $8.23 | 8,215 | $68K | 3.6% |
| 15 | $8.23 | 14,148 | $116K | 6.1% |
| 16 | $8.23 | 14,148 | $116K | 6.1% |
| Total | $8.43 avg | 225,680 | $1.9M | 100% |
| Filing → |
| GNKSF | SELL | 2021-01-07 | $5.2M | — | Filing → |
| GNKSF | SELL | 2021-01-04 | $2.4M | — | Filing → |
| GNKSF | SELL | 2020-12-29 | $1.6M | — | Filing → |