---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-023619"
form_type: "8-K"
ticker: "GNK"
cik: "0001326200"
company_name: "GENCO SHIPPING & TRADING LTD"
filed_at: "2026-06-02T10:01:31+00:00"
generated_at: "2026-06-02T10:14:53.126252+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Genco Shipping amends shareholder rights plan, eliminates 'Acting in Concert' definition

## Summary
- On June 2, 2026, Genco entered a Third Amendment to its Shareholder Rights Agreement (poison pill) removing the 'Acting in Concert' definition.
- Elimination based on shareholder feedback; other concerted-activity protections (e.g., 13d-5(b)(1) group formation) remain unchanged.
- Rights Agreement still aims to prevent open-market accumulation or control without paying all shareholders a control premium.
- Board states amendment does not deter consideration of fair offers and does not prevent fulfilling fiduciary duties.
- Amendment effective June 2, 2026; full text filed as Exhibit 4.1.

## SEC filing metadata
- accession: 0001140361-26-023619
- form_type: 8-K
- ticker: GNK
- cik: 0001326200
- company_name: GENCO SHIPPING & TRADING LTD
- filed_at: 2026-06-02T10:01:31+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326200/000114036126023619/0001140361-26-023619-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326200/000114036126023619/ef20075333_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-023619
- JSON: https://secwatch.observer/filing/0001140361-26-023619.json
- Plain text: https://secwatch.observer/filing/0001140361-26-023619.txt

## Source-grounded claims
- claim_id: 95bf77fc525697d34d108bfb93d0e470b4d82eac
  claim: GENCO SHIPPING & TRADING LTD amended Third Amendment with Computershare Inc. (effective 2026-06-02).
  evidence_excerpt: On June 2, 2026, Genco Shipping & Trading Limited (the “ Company ”) entered into the Third Amendment to Shareholders Rights Agreement (the “ Third Amendment ”) to amend the Shareholder Rights Agreement, dated as of October 1, 2025 between the Company and Computershare Inc., as amended to date (the “ Rights Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1326200/000114036126023619/0001140361-26-023619-index.htm

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