Pribor Jeffrey 4
Research Summary
AI-generated summary
International Seaways (INSW) CFO Jeffrey Pribor Receives Shares; Withholds Taxes
What Happened
Jeffrey Pribor, Senior Vice President and Chief Financial Officer of International Seaways (INSW), had performance restricted stock units (PRSUs) vest on February 26, 2026. The filing reports the acquisition of 13,875 shares of common stock in connection with the vesting of 10,572 PRSUs granted March 8, 2023. Of the issued shares, 7,062 were withheld by the company to cover the reporting person’s tax withholding liability; the filing also reports a disposition to the issuer related to the derivative award. No per-share prices or cash amounts are listed in the Form 4 (N/A).
Key Details
- Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (timely filing).
- Reported entries: Acquisition (code J) of 13,875 shares; tax withholding (code F) of 7,062 shares; disposition to issuer (code D, derivative) of 10,572 shares.
- Price: N/A (shares issued on vesting / settled in stock).
- Shares owned after transaction: not specified in the provided summary of the filing.
- Footnotes: confirm 10,572 performance RSUs (granted 3/8/2023) vested and were settled in shares; 7,062 shares withheld to pay withholding taxes.
Context
This was a settlement of vested performance RSUs (a non-open-market award settlement), not an open-market purchase or sale—therefore it is typically a routine compensation event rather than a direct market signal of insider buying or selling. The tax-withholding is a standard practice when equity awards vest.