---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-018601"
form_type: "8-K"
ticker: "GNK"
cik: "0001326200"
company_name: "GENCO SHIPPING & TRADING LTD"
filed_at: "2026-05-01T23:59:59+00:00"
generated_at: "2026-05-15T00:15:29.093247+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "medium"
source: SEC EDGAR
---

# Genco Shipping amends poison pill, raising ownership trigger to 15% for all shareholders

## Summary
- Second Amendment to Shareholder Rights Agreement dated May 1, 2026 rescinds the earlier First Amendment.
- Beneficial ownership threshold to become an Acquiring Person raised to 15% for all shareholders.
- Board acted based on shareholder feedback; Rights Agreement otherwise remains in full force and effect.

## SEC filing metadata
- accession: 0001140361-26-018601
- form_type: 8-K
- ticker: GNK
- cik: 0001326200
- company_name: GENCO SHIPPING & TRADING LTD
- filed_at: 2026-05-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: medium
- sec_items: 1.01, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326200/000114036126018601/0001140361-26-018601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326200/000114036126018601/ef20071949_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-018601
- JSON: https://secwatch.observer/filing/0001140361-26-018601.json
- Plain text: https://secwatch.observer/filing/0001140361-26-018601.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.