Pribor Jeffrey 4

What Happened

• Jeffrey Pribor, Senior Vice President & Chief Financial Officer of International Seaways (INSW), exercised 15,289 stock options on Feb 4, 2026. The options had an exercise price of $17.21 per share (aggregate $263,124).
• To satisfy the exercise price and related withholding taxes, the issuer withheld 9,899 of the shares at $58.96 per share (value $583,645). After withholding, Pribor received 5,390 net shares, worth approximately $317,794 at $58.96. Footnotes indicate a net (cashless) share settlement and that 100% of the options were vested and exercisable.

Key Details

• Transaction date: 2026-02-04. Exercise price: $17.21 per share (total $263,124). Withheld shares valued at $58.96 each (total $583,645).
• Net shares received: 5,390 shares (approx. $317,794 at $58.96/share).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — net share settlement; F2 — 9,899 shares withheld to satisfy exercise price and withholding taxes; F3 — options were 100% vested on exercise date.
• Filing: Report filed Feb 6, 2026 (within the standard two-business-day Form 4 reporting window).

Context

• This was an options exercise settled on a net (cashless) basis: the company withheld shares to cover the exercise cost and tax withholding rather than the insider paying cash. Such withholding is a routine administrative step and does not by itself indicate a change in insider sentiment.