International Seaways, Inc.·4

Mar 16, 5:29 PM ET

Zabrocky Lois K 4

Research Summary

AI-generated summary

Updated

International Seaways (INSW) CEO Lois Zabrocky Receives Award

What Happened

  • Lois K. Zabrocky, President & CEO and a director of International Seaways, had 6,346 restricted stock units (RSUs) vest on March 13, 2026. Those vested RSUs were settled into 6,346 shares of common stock. As part of the settlement, the company withheld 3,068 shares to satisfy the reporting person’s tax withholding obligation, leaving a net 3,278 shares delivered to Ms. Zabrocky. No cash price per share is reported in the filing.

Key Details

  • Transaction date: March 13, 2026 (Form 4 filed March 16, 2026).
  • Primary actions reported: RSU vesting/settlement (acquisition of 6,346 shares), and tax-withholding disposition (3,068 shares withheld).
  • Net shares received by insider: 3,278 shares (6,346 vested − 3,068 withheld).
  • Prices: N/A (shares issued on settlement of RSUs; no open‑market price reported).
  • Footnotes: F1/F2 confirm 6,346 RSUs vested and were settled in shares; 3,068 shares withheld by INSW to cover tax withholding.
  • Shares owned after transaction: Not specified in the information provided in this summary.
  • Filing timeliness: Form 4 was filed March 16, 2026 for the March 13 transaction; this appears to be a routine, timely reporting of vested compensation.

Context

  • This was a compensation-related settlement of RSUs (not an open-market buy or sale). Withholding shares to cover taxes is standard practice and does not necessarily signal the insider’s view of the stock. Derivative/settlement reporting simply reflects conversion of RSUs into common shares and the tax withholding step.