Oshodi Adewale 4/A
4/A · International Seaways, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
International Seaways (INSW) VP Oshodi Adewale Receives 672 Shares
What Happened
Oshodi Adewale, Vice President & Controller of International Seaways (INSW), had 672 restricted stock units vest on March 6, 2026; those vested units were settled into 672 shares of common stock. Of those shares, 316 were withheld by the company to satisfy the reporting person's tax withholding obligation. An amended Form 4 also reports a separate gift of 400 shares made on March 3, 2026.
Key Details
- Transaction dates: March 3, 2026 (400-share gift); March 6, 2026 (672 RSU vesting and settlement; 316 shares withheld for taxes).
- Transaction types/codes: J (settlement/other acquisition) for 672 shares; F (tax withholding/payment) for 316 shares; D (disposition to issuer) corresponds to withheld shares; amendment notes the March 3 gift.
- Prices/values: No dollar prices reported (N/A) — RSU vesting/settlement and share withholding, not an open-market sale/purchase.
- Net effect of reported moves: +672 shares vested, -316 withheld for taxes, -400 gifted = net change of -44 shares across these items.
- Amount owned following transaction: Not specified in this filing.
- Filing status: This is an amended Form 4 filed March 11, 2026 to reflect the March 3 gift (per footnote).
Context
These entries reflect RSU vesting and routine tax withholding (common payroll/tax-related disposition), plus a gift reported by amendment. Gifts and tax-withholding actions do not necessarily indicate the insider’s view of the company’s outlook; purchases are typically a stronger signal of bullish sentiment.
Insider Transaction Report
- Other
Common Stock, no par value per share
[F1][F2]2026-03-06+672→ 11,552 total - Tax Payment
Common Stock, no par value per share
[F1][F2]2026-03-06−316→ 11,236 total - Disposition to Issuer
Restricted Stock Units
[F3]2026-03-06−672→ 0 totalExercise: $0.00→ Common Stock (672 underlying)
Footnotes (3)
- [F1]These 672 shares of Common Stock are being acquired in connection with the vesting of 672 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 316 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]This amendment is to reflect the gift of 400 shares made on March 3, 2026 which was filed today.
- [F3]These 672 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.