Star Bulk Carriers Director Pappas Buys 74,400 Shares for $2.1 Million. Is This a Sign the Shipping Bull Market Will Continue?

Key Points The director acquired 74,400 shares at a weighted average price of $28.27 per share for a total transaction value of ~$2.1 million. The purchase involved shares equal to 2% of the equity stake held before the transaction. The transaction was executed indirectly through three corporations in which Pappas holds 100% of the economic interest and maintains investment control. The increase in equity exposure occurred as the stock maintained a 61% one-year return as of the September 15, 2026 transaction date. 10 stocks we like better than Star Bulk Carriers › Milena Maria Pappas, a Director at Star Bulk Carriers (NASDAQ:SBLK) , reported an indirect purchase of 74,400 shares on Sept. 15, 2026, according to an SEC Form 4 filing .