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Diana Shipping urges Genco shareholders to vote against poison pill

Thu, 11 Jun 2026 09:20:35 -0400

Diana Shipping Inc. (NYSE: DSX) urged Genco Shipping & Trading Limited (NYSE: GNK) shareholders to vote for its director nominees and against Genco's poison pill and equity incentive plan ahead of Genco's annual meeting on June 18, 2026.

Diana, which holds approximately 14.4% of Genco's outstanding shares, recommended shareholders vote for its nominees Jens Ismar and Paul Cornell to Genco's board and withhold votes from current directors Basil G. Mavroleon and Arthur L. Regan.

Institutional Shareholder Services recommended shareholders vote against both Genco's equity incentive plan and poison pill ratification. ISS found the incentive plan's cost excessive and cited concerns about plan

Diana Shipping urges Genco shareholders to vote against poison pill

Thu, 11 Jun 2026 09:20:35 -0400

Diana Shipping urges Genco shareholders to vote against poison pill

Thu, 11 Jun 2026 09:20:35 -0400

Diana Shipping urges Genco shareholders to vote against poison pill

Thu, 11 Jun 2026 09:20:35 -0400

Diana Shipping urges Genco shareholders to vote against poison pill

Thu, 11 Jun 2026 09:20:35 -0400

Diana Shipping urges Genco shareholders to vote against poison pill

Thu, 11 Jun 2026 09:20:35 -0400

Diana Shipping urges Genco shareholders to vote against poison pill

Thu, 11 Jun 2026 09:20:20 -0400

Diana Shipping Inc. (NYSE: DSX) urged Genco Shipping & Trading Limited (NYSE: GNK) shareholders to vote for its board nominees and against Genco's poison pill and equity incentive plan ahead of the June 18 annual meeting.

Diana, which owns 14.4% of Genco's outstanding shares, recommended shareholders vote for its nominees Jens Ismar and Paul Cornell while withholding votes from Genco directors Basil G. Mavroleon and Arthur L. Regan. The company also urged votes against Genco's proposals to ratify its poison pill and equity incentive plan.

Institutional Shareholder Services recommended shareholders vote against both the equity incentive plan and poison pill ratification. ISS

Diana Shipping urges Genco shareholders to vote against poison pill

Thu, 11 Jun 2026 09:20:20 -0400

Institutional Shareholder Services recommended shareholders vote against both the equity incentive plan and poison pill ratification. ISS

Diana Shipping Inc. Urges Genco Shipping & Trading Shareholders to Vote for Jens Ismar and Paul Cornell to the Board, and Vote Against Genco’s Poison Pill and Equity Incentive Plan Ahead of Annual M

Thu, 11 Jun 2026 09:20:00 -0400

Shareholders Have a Critical Opportunity to Send a Strong Message to Genco’s Entrenched Board

Significant Investor Support Emerging to Defeat Proposals to Ratify Genco's Poison Pill and Equity Incentive Plan — Both of Which ISS Has Recommended Shareholders Vote Against

Diana Urges Genco Shareholders to Vote the GOLD Universal Proxy Card "FOR" Jens Ismar and Paul Cornell, Who Will Bring Fresh Perspectives to the Genco Board, "WITHHOLD" on Basil G. Mavroleon and Arthur L. Regan, and "AGAINST" Ratifying Genco's Poison Pill and Equity Incentive Plan