Oshodi Adewale 4

What Happened
Oshodi Adewale, Vice President & Controller of International Seaways, received 2,642 shares of common stock on February 26, 2026 upon the vesting of performance restricted stock units (PRSUs). No cash price per share or dollar value was reported (N/A). In connection with the vesting, 1,439 shares were withheld by the company to satisfy tax withholding; the filing shows the underlying 2,014 PRSUs were settled/terminated as derivative awards.

Key Details

• Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (filed within the two-business-day window, timely).
• Reported entries: acquisition of 2,642 shares (code J), tax withholding/disposition of 1,439 shares (code F), and disposition to issuer of 2,014 derivative units (code D).
• Price/value: N/A in the filing (shares issued on settlement of RSUs rather than purchased for cash).
• Net change to shares held: net +1,203 shares acquired after the 1,439-share withholding (2,642 − 1,439 = 1,203).
• Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
• Footnotes: the 2,642 shares were issued on vesting of 2,014 performance RSUs granted previously; 1,439 shares were withheld to pay the reporting person’s tax withholding liability.

Context
This transaction is a compensation-related settlement of performance RSUs (award vesting), not an open-market buy or sale. Tax-withholding by the company is routine in RSU settlements and does not by itself indicate the insider’s market view. The filing reports the RSUs vesting and being settled in shares and the resulting withholding; no cash proceeds or market-sale activity was reported.