International Seaways, Inc.·4

Mar 10, 5:19 PM ET

Zabrocky Lois K 4

Research Summary

AI-generated summary

Updated

International Seaways (INSW) CEO Lois Zabrocky Receives 6,510 RSU Shares

What Happened

  • Lois K. Zabrocky, President & CEO and a Director of International Seaways (INSW), had 6,510 restricted stock units (RSUs) vest on March 6, 2026. Those vested units were settled into 6,510 shares of common stock. No cash price was paid or reported (shares issued in settlement of RSUs).
  • In connection with the vesting, the company withheld 3,259 shares to satisfy the Reporting Person’s tax withholding obligation, leaving a net 3,251 shares issued to Ms. Zabrocky. No dollar values or per-share prices were reported.

Key Details

  • Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (filed within the typical 2 business‑day window).
  • Reported transactions/codes: J (other acquisition — RSU vesting, 6,510 shares acquired), F (tax withholding — 3,259 shares withheld/disposed), D (disposition to issuer relating to settlement of derivative units).
  • Price: N/A — shares issued upon RSU settlement (no open‑market trade price).
  • Net shares delivered to insider after withholding: 3,251 (6,510 vested − 3,259 withheld).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes: F1/F2 confirm 6,510 RSUs vested and were settled in shares; 3,259 shares were withheld by INSW to cover tax withholding.

Context

  • This was a routine equity‑based compensation event (RSU vesting), not an open‑market buy or sale. The withholding of shares to cover taxes is a common administrative action and does not necessarily indicate a market sentiment change.
  • For retail investors, purchase activity is often more informative than routine vesting; this filing documents compensation settlement rather than a voluntary buy or sell by the insider.