Small James D III 4

What Happened
James D. Small, CAO, SVP, Secretary & General Counsel of International Seaways (INSW), had 2,201 restricted stock units (RSUs) vest on March 13, 2026. Those vested RSUs were settled into 2,201 shares of common stock; 1,163 of those shares were withheld by the company to satisfy the tax withholding obligation, leaving a net issuance of 1,038 shares to Mr. Small. No dollar prices were reported in the Form 4 (shares marked N/A).

Key Details

• Transaction date: March 13, 2026; Form 4 filed March 16, 2026 (appears timely).
• Vesting/Acquisition: 2,201 RSUs vested and were settled in 2,201 shares (reported as acquisition).
• Tax withholding: 1,163 shares were withheld by INSW to cover the reporting person’s tax liability (reported as disposition/payment).
• Net shares received by insider: 1,038 shares (2,201 vested − 1,163 withheld).
• Price: Not reported (N/A) — these were equity award settlements, not open-market trades.
• Shares owned after the transaction: Not specified in the filing.
• Footnotes: Vesting and settlement were pursuant to the International Seaways, Inc. 2020 Management Incentive Compensation Plan; the withheld shares were used to meet tax withholding obligations.

Context
This was a routine RSU vesting and settlement (award income), not an open-market purchase or sale. The withholding of a portion of shares to satisfy taxes is a common cashless settlement method and does not necessarily indicate a change in insider sentiment. For retail investors, award vesting increases insider-held stock but is driven by compensation schedules rather than a direct market buy signal.