Zabrocky Lois K 4
Research Summary
AI-generated summary
International Seaways (INSW) CEO Lois Zabrocky Sells 25,000 Shares
What Happened
Lois K. Zabrocky, Director and President & CEO of International Seaways, sold 25,000 shares on May 12, 2026 in an open-market transaction. The Form 4 reports a weighted average sale price of $88.08, for total proceeds of approximately $2,201,893.
Key Details
- Transaction date: May 12, 2026; Form 4 filed May 13, 2026 (timely filing).
- Transaction type: Sale (open market / private sale), reported as code S.
- Shares sold: 25,000; weighted average price: $88.08; total proceeds ≈ $2,201,893.
- Price range (per footnote): trades executed at $86.76 to $88.84; full trade-by-trade details are available upon request to the SEC, issuer, or security holder (Footnote F1).
- Shares owned after the transaction: Not specified in the provided filing.
Context
This was a direct sale by an executive — common for liquidity or portfolio management — and does not, by itself, indicate company performance or management view. No options exercise, award, gift, or tax-withholding event is reported in this filing.