Genco Shipping & Trading Files 8-K
Ticker: GNK · Form: 8-K · Filed: May 23, 2024 · CIK: 1326200
| Field | Detail |
|---|---|
| Company | Genco Shipping & Trading LTD (GNK) |
| Form Type | 8-K |
| Filed Date | May 23, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, financial-reporting, 8-k
Related Tickers: GSL
TL;DR
Genco Shipping filed an 8-K for votes and financials.
AI Summary
Genco Shipping & Trading Ltd. filed an 8-K on May 23, 2024, to report on matters submitted to a vote of security holders and to file financial statements and exhibits. The filing does not contain specific details about the votes or financial statements themselves, but indicates their submission.
Why It Matters
This filing signals that Genco Shipping & Trading has held or will hold votes for its security holders and is providing necessary financial documentation, which are standard corporate governance and reporting requirements.
Risk Assessment
Risk Level: low — This is a routine filing for corporate governance and financial reporting, not indicating any immediate operational or financial distress.
Key Players & Entities
- Genco Shipping & Trading Ltd. (company) — Registrant
- May 23, 2024 (date) — Date of earliest event reported
- 299 Park Avenue (address) — Principal executive offices
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates that matters were submitted to a vote of security holders, but does not specify what those matters were.
What financial statements and exhibits are being filed?
The filing states that financial statements and exhibits are being filed, but does not list them explicitly in the provided text.
What is the exact date of the earliest event reported in this 8-K?
The exact date of the earliest event reported is May 23, 2024.
Where are Genco Shipping & Trading Ltd.'s principal executive offices located?
Genco Shipping & Trading Ltd.'s principal executive offices are located at 299 Park Avenue, 12th Floor, New York, NY 10171.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.
Filing Stats: 773 words · 3 min read · ~3 pages · Grade level 12.3 · Accepted 2024-05-23 16:22:20
Key Financial Figures
- $0.01 — ich registered Common stock, par value $0.01 per share GNK New York Stock Exchan
Filing Documents
- ef20029880_8k.htm (8-K) — 47KB
- 0001140361-24-027305.txt ( ) — 181KB
- gnk-20240523.xsd (EX-101.SCH) — 4KB
- gnk-20240523_lab.xml (EX-101.LAB) — 21KB
- gnk-20240523_pre.xml (EX-101.PRE) — 16KB
- ef20029880_8k_htm.xml (XML) — 4KB
07
Item 5.07 Submission of Matters to a Vote of Security Holders. On May 23, 2024, at the 2024 Annual Meeting of Shareholders (the "Annual Meeting") of Genco Shipping & Trading Limited ("Genco" or the "Company"), shareholders of record as of March 28, 2024, the Record Date for the Annual Meeting, were entitled to vote 42,751,752 shares of the Company's common stock (the "Common Stock"), each having one vote per share. A total of 26,249,993 shares of Common Stock (61.4%) of all such shares entitled to vote at the Annual Meeting were represented at the Annual Meeting in person or by proxy. At the Annual Meeting, the shareholders of the Company (i) elected seven director nominees to hold office until the earlier of the 2025 Annual Meeting of Shareholders of the Company or until their successors are elected and qualified or until their earlier resignation or removal, (ii) approved an advisory, non-binding resolution regarding the compensation of the Company's named executive officers, and (iii) ratified the appointment of Deloitte & Touche LLP as the Company's independent certified public accountants for the fiscal year ending December 31, 2024. Set forth below are the final voting results for each of the proposals submitted to a vote of the shareholders. Election of Directors The shareholders of the Company elected each of the director nominees proposed by the Board of Directors. The voting results were as follows: Name of Nominee Votes For Votes Withheld Broker Non-Votes James G. Dolphin 23,129,512 3,044,640 75,841 Paramita Das 23,483,768 2,690,383 75,842 Kathleen C. Haines 23,276,685 2,897,467 75,841 Basil G. Mavroleon 23,173,931 3,000,220 75,842 Karin Y. Orsel 22,994,753 3,179,398 75,842 Arthur L. Regan 23,502,624 2,671,529 75,840 John C. Wobensmith 23,487,055 2,687,096 75,842 Advisory Vote on Executive Compensation The shareholders of the Company approved an advisory resolution on compensation of the Company's named executive o
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) -3- SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GENCO SHIPPING & TRADING LIMITED DATE: May 23, 2024 By /s/ Peter Allen Peter Allen Chief Financial Officer -4- EXHIBIT INDEX Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) -5-