Form 4 for INSW International Seaways, Inc.
Accepted 2025-03-03 00:00:00 ET · period of report 2025-02-27 · accession 0001679049-25-000012 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-03 | 2025-02-27 | INSW | Solon Derek G. | SVP | J - Other | — | +16.5K | 62.2K | +36% | — |
| D | 2025-03-03 | 2025-02-27 | INSW | Solon Derek G. | SVP | F - Tax | — | -8,408 | 53.8K | -14% | — |
| D | 2025-03-03 | 2025-02-27 | INSW | Solon Derek G. | SVP | D - Sale to Iss | — | -13.2K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, no par value per share | 2025-02-27 | J | A | 16,532 | — | 62,219 | D | — | — | (F1) These 16,532 shares of Common Stock are being acquired after vesting on February 27, 2025 in connection with the vesting of 13,226 performance restricted stock units granted on April 7, 2022 pursuant to International Seaways, Inc. 2020 Management Incentive Compensation Plan (the "Plan") which vested units are being settled in shares of Common Stock. In connection with the vesting of the units, 8,408 shares are being withheld by International Seaways, Inc. ("INSW") in payment of the Reporting Person's tax withholding liability incurred as a result of the vesting of the units. |
| 2 | Common | Common Stock, no par value per share | 2025-02-27 | F | D | 8,408 | — | 53,811 | D | — | — | (F1) These 16,532 shares of Common Stock are being acquired after vesting on February 27, 2025 in connection with the vesting of 13,226 performance restricted stock units granted on April 7, 2022 pursuant to International Seaways, Inc. 2020 Management Incentive Compensation Plan (the "Plan") which vested units are being settled in shares of Common Stock. In connection with the vesting of the units, 8,408 shares are being withheld by International Seaways, Inc. ("INSW") in payment of the Reporting Person's tax withholding liability incurred as a result of the vesting of the units. |
| 3 | Derivative | Performance Restricted Stock Units | 2025-02-27 | D | D | 13,226 | — | 0 | D | $0.00 · — to — | 13,226 Common Stock | (F2) These performance restricted stock units vested on February 27, 2025 and are being settled in shares of Common Stock as reported in Table I of this Form 4. |