Small James D III 4
4 · International Seaways, Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
International Seaways (INSW) General Counsel Receives 2,300 RSU Shares
What Happened
James D. Small III, CAO, SVP, Secretary & General Counsel of International Seaways (INSW), had 2,300 restricted stock units (RSUs) vest on March 6, 2026. Those vested units were settled into 2,300 shares of common stock. To satisfy the tax withholding obligation from the vesting, 1,219 of those shares were withheld by the company. No dollar prices or total values are reported in the Form 4.
Key Details
- Transaction date: March 6, 2026. Filing date: March 10, 2026 (timely within Form 4 rules).
- Reported amounts: 2,300 RSUs vested → 2,300 shares issued; 1,219 shares withheld for tax withholding.
- Prices/values: Not disclosed (N/A in the filing).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F1/F2 confirm the 2,300 RSUs vested under the 2020 Management Incentive Compensation Plan and were settled in shares; 1,219 shares were withheld to pay the reporting person’s tax withholding. The filing also records a derivative-related disposition tied to the RSU settlement.
Context
This was an award vesting and settlement (not an open‑market purchase or sale). Withholding shares to cover tax liabilities is a standard administrative step and should not be read as a directional insider buy or sell signal.
Insider Transaction Report
- Other
Common Stock, no par value per share
[F1]2026-03-06+2,300→ 38,676 total - Tax Payment
Common Stock, no par value per share
[F1]2026-03-06−1,219→ 37,457 total - Disposition to Issuer
Restricted Stock Units
[F2]2026-03-06−2,300→ 0 totalExercise: $0.00→ Common Stock (2,300 underlying)
Footnotes (2)
- [F1]These 2,300 shares of Common Stock are being acquired in connection with the vesting of 2,300 restricted stock units on March 6, 2026 pursuant to the International Seaways, Inc. 2020 Management Incentive Compensation Plan (the "Plan") which vested units are being settled in shares of Common Stock. In connection with the vesting of the units 1,219 shares are being withheld by International Seaways, Inc. ("INSW") in payment of the Reporting Person's tax withholding liability incurred as a result of the vesting of the units.
- [F2]These 2,300 restricted stock units vested on March 6, 2026 and are being settled in shares of Common Stock as reported in Table I of this Form 4.