International Seaways, Inc.·4/A

Mar 11, 6:19 PM ET

Oshodi Adewale 4/A

Research Summary

AI-generated summary

Updated

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.