Blankenship Alexandra Kate 4
Research Summary
AI-generated summary
International Seaways Director Alexandra Blankenship Sells Shares
What Happened
Alexandra Kate Blankenship, a director of International Seaways, sold 5,000 shares of INSW in an open-market transaction on March 9, 2026. The reported weighted-average sale price was $74.88 per share, for a total proceeds of approximately $374,424. This was a sale (disposition) rather than a purchase or option exercise.
Key Details
- Transaction date: March 9, 2026 (reported on Form 4 filed March 10, 2026). Filing appears timely (Form 4 due within two business days).
- Transaction type/code: Open-market sale (S).
- Shares sold: 5,000; weighted-average price reported: $74.88; total proceeds ≈ $374,424.
- Price range/footnote: Trade executed in multiple trades at prices between $74.7550 and $75.0500; $74.88 is the weighted average. The filer offers to provide full trade-by-trade details upon request (Footnote F1).
- Shares owned after transaction: Not specified in the supplied filing details.
- No 10b5‑1 plan, gift, or tax-withholding notation was provided in the summary data.
Context
Sales by directors are common and may reflect routine portfolio or liquidity needs rather than a view on company fundamentals. Purchases are typically more direct signals of insider confidence; a single sale like this is factual data for investors but should not be over-interpreted without additional context (e.g., other filings, repeated patterns, or material company news).