Nugent William F. 4
4 · International Seaways, Inc. · Filed Mar 18, 2025
Insider Transaction Report
Form 4
Nugent William F.
Senior Vice President
Transactions
- Other
Common Stock, no par value per share
2025-03-14+1,725→ 58,584 total - Tax Payment
Common Stock, no par value per share
2025-03-14−738→ 57,846 total - Disposition to Issuer
Restricted Stock Units
2025-03-14−1,725→ 3,451 totalExercise: $0.00→ Common Stock (1,725 underlying)
Footnotes (2)
- [F1]These 1,725 shares of Common Stock are being acquired in connection with the vesting of 1,725 restricted stock units on March 14, 2025 pursuant to the 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, 738 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 1,725 restricted stock units vested on March 14, 2025 and are being settled in shares of Common Stock as reported in Table I of this Form 4.