Small James D III 4
Research Summary
AI-generated summary
International Seaways (INSW) James D. Small III Receives Award; Shares Withheld
What Happened James D. Small III, Chief Administrative Officer, Senior VP, Secretary & General Counsel of International Seaways (INSW), received 9,056 shares of common stock on February 26, 2026 upon the vesting of performance restricted stock units (PRSUs) granted March 8, 2023. There is no cash price reported (N/A). In connection with the vesting, 4,930 shares were withheld by the company to satisfy the reporting person’s tax withholding liability, and a separate entry reports a disposition to the issuer of 6,900 shares (listed as a derivative disposition).
Key Details
- Transaction date: February 26, 2026; Form 4 filed March 3, 2026.
- Shares acquired (award settlement): 9,056 (code J, acquisition after vesting); price: N/A.
- Shares withheld for taxes: 4,930 (code F, tax withholding); price: N/A.
- Disposition to issuer (derivative): 6,900 shares (code D); price: N/A.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 confirms 9,056 shares were issued on vesting of 6,900 PRSUs and 4,930 shares were withheld for tax withholding. F2 restates that the PRSUs vested on Feb 26, 2026 and were settled in shares.
- Filing timeliness: Reported on Mar 3, 2026 for transactions dated Feb 26, 2026 (no late filing indication in the report).
Context
- This was a vesting/settlement of PRSUs (an award), not an open-market purchase or sale; the withholding and issuer disposition are routine steps to satisfy tax obligations and settle derivative awards.
- Transaction codes: J = other acquisition or disposition (here, acquisition on settlement), F = tax withholding, D = disposition to issuer (derivative).