4//SEC Filing
Oshodi Adewale 4
Accession 0001679049-25-000014
CIK 0001679049other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 6:59 PM ET
Size
9.1 KB
Accession
0001679049-25-000014
Insider Transaction Report
Form 4
Oshodi Adewale
Vice President & Controller
Transactions
- Tax Payment
Common Stock, no par value per share
2025-02-27−2,863→ 8,400 total - Disposition to Issuer
Performance Restricted Stock Units
2025-02-27+4,030→ 0 totalExercise: $0.00→ Common Stock (4,030 underlying) - Other
Common Stock, no par value per share
2025-02-27+5,037→ 11,263 total
Footnotes (2)
- [F1]These 5,037 shares of Common Stock are being acquired after vesting on February 27, 2025 in connection with the vesting of 4,030 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, 2,863 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.
- [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.
Documents
Issuer
International Seaways, Inc.
CIK 0001679049
Entity typeother
Related Parties
1- filerCIK 0001614569
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 6:59 PM ET
- Size
- 9.1 KB