Pribor Jeffrey 4
Research Summary
AI-generated summary
International Seaways (INSW) CFO Jeffrey Pribor Receives RSU Award
What Happened
Jeffrey Pribor, Senior Vice President & Chief Financial Officer of International Seaways (INSW), had 3,524 restricted stock units (RSUs) vest on March 6, 2026. Those vested RSUs were settled into 3,524 shares of common stock under the company's 2020 Management Incentive Compensation Plan. To satisfy tax withholding on the vesting event, 1,757 shares were withheld by INSW, leaving a net 1,767 shares issued to Pribor. No cash sale or open-market transaction was reported; prices are listed as N/A.
Key Details
- Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (timely).
- Event: Vesting/settlement of 3,524 RSUs into common stock (code J/Award); 1,757 shares withheld for taxes (code F).
- Net shares delivered to insider: 1,767 (3,524 vested − 1,757 withheld).
- Price: N/A (compensation/settlement event, not an open-market trade).
- Footnotes: RSUs vested under the International Seaways, Inc. 2020 Management Incentive Compensation Plan; withholding was done to cover the reporting person’s tax liability.
- Shares owned after transaction: Not specified in the provided filing details.
Context
This was a compensation settlement (RSU vesting), not a purchase or sale. The withholding of shares to pay taxes is routine for RSU settlements and does not indicate an open-market sale or change in voting control. Derivative/settlement reporting (disposition of the RSU instrument to the issuer) simply reflects the conversion of RSUs into shares and the employer’s share-withholding for taxes.