Pribor Jeffrey 4
Research Summary
AI-generated summary
International Seaways (INSW) SVP/CFO Jeffrey Pribor Receives 5,140 Shares
What Happened
- Jeffrey Pribor, SVP and CFO of International Seaways, had 5,140 restricted stock units (RSUs) vest on March 12, 2026. The vested RSUs were settled into 5,140 shares of common stock. In connection with the vesting, 2,570 shares were withheld by the company to satisfy the reporting person’s tax withholding obligation. The Form 4 was filed March 13, 2026.
Key Details
- Transaction date: March 12, 2026; Form 4 filed March 13, 2026 (timely).
- Reported entries: acquisition of 5,140 shares (RSU settlement); 2,570 shares withheld for tax (payment of tax liability); a derivative disposition line relating to the RSU settlement is also reported.
- Price: N/A (shares issued from RSU settlement, not an open-market trade).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: RSUs vested under the International Seaways, Inc. 2020 Management Incentive Compensation Plan; 2,570 shares withheld to cover tax withholding.
Context
- This was a standard equity award vesting and company tax withholding — not an open-market buy or sell. Such withholding is routine and reflects taxes due on vested awards rather than a directional trade signal.