Centerbridge Credit Cayman GP, Ltd., 10% Owner at GENCO SHIPPING & TRADING LTD (GNKSF), sold 555,680 shares at $8.31 ($4.5M) on 2021-01-07, disclosed to the SEC on 2021-01-07.
Scheduled sale ($4.5M) 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 | $7.76 | 25,456 | $198K | 4.4% |
| 2 | $7.76 | 25,456 | $198K | 4.4% |
| 3 | $7.76 | 27,384 | $212K | 4.7% |
| 4 | $7.76 | 27,384 | $213K | 4.7% |
| 5 | $7.98 | 25,456 | $203K | 4.5% |
| 6 | $7.98 | 25,456 |
| $203K |
| 4.5% |
| 7 | $7.98 | 27,384 | $219K | 4.9% |
| 8 | $7.98 | 27,384 | $219K | 4.9% |
| 9 | $7.98 | 47,160 | $376K | 8.4% |
| 10 | $7.98 | 47,160 | $376K | 8.4% |
| 11 | $8.31 | 31,819 | $264K | 5.9% |
| 12 | $8.31 | 31,819 | $264K | 5.9% |
| 13 | $8.31 | 34,230 | $284K | 6.3% |
| 14 | $8.31 | 34,230 | $284K | 6.3% |
| 15 | $8.31 | 58,951 | $490K | 10.9% |
| 16 | $8.31 | 58,951 | $490K | 10.9% |
| Total | $8.09 avg | 555,680 | $4.5M | 100% |