Zabrocky Lois K 4
4 · International Seaways, Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
International Seaways CEO Lois Zabrocky Receives 25,632 Shares
What Happened
- Lois K. Zabrocky, President & CEO and a director of International Seaways, received 25,632 shares of common stock on February 26, 2026 upon vesting of performance restricted stock units (PSUs) granted March 8, 2023. No cash price is reported (N/A) because these were equity awards settled in shares.
- In connection with the vesting: 13,060 shares were withheld by the company to cover the reporting person's tax withholding obligation, and 19,530 shares were reported as a disposition to the issuer (derivative settlement). This is a routine compensation-related vesting event rather than an open-market purchase or sale.
Key Details
- Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (filed within the two-business-day window).
- Reported movements: +25,632 shares acquired (award settlement); -13,060 shares withheld for taxes; -19,530 shares disposed to issuer (derivative).
- Price: N/A (award settlement — no market purchase/sale price).
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes: The shares result from vesting of 19,530 performance RSUs granted March 8, 2023 under the company’s 2020 Management Incentive Compensation Plan; 13,060 shares were withheld to satisfy tax withholding.
Context
- This was a compensation vesting/settlement (performance RSUs), not an open-market buy or sale. Shares withheld for taxes and shares delivered back to the issuer are common mechanics for settling equity awards and do not necessarily indicate an insider’s view on the stock price.
Insider Transaction Report
Form 4
Zabrocky Lois K
DirectorPresident & CEO
Transactions
- Other
Common Stock, no par value per share
[F1]2026-02-26+25,632→ 210,262 total - Tax Payment
Common Stock, no par value per share
[F1]2026-02-26−13,060→ 197,202 total - Disposition to Issuer
Performance Restricted Stock Units
[F2]2026-02-26−19,530→ 0 totalExercise: $0.00→ Common Stock (25,632 underlying)
Footnotes (2)
- [F1]These 25,632 shares of Common Stock are being acquired after vesting on February 26, 2026 in connection with the vesting of 19,530 performance restricted stock units granted on March 8, 2023 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, 13,060 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 26, 2026 and are being settled in shares of Common Stock as reported in Table I of this Form 4.
Signature
/s/James D. Small III, Attorney-in-Fact, pursuant to power of attorney previously filed|2026-03-02