Nugent William F. 4

What Happened

• William F. Nugent, Senior Vice President of International Seaways, reported a sale of 6,830 shares on May 14, 2026. The weighted average sale price was $85.23, producing gross proceeds of approximately $582,135. This was a sale (disposition), not a purchase or option exercise.

Key Details

• Transaction date: 2026-05-14 (reported on Form 4 filed 2026-05-15).
• Price: weighted average $85.23; individual trade prices ranged from $85.00 to $85.89 (see footnote).
• Shares sold: 6,830; proceeds ≈ $582,135.
• Shares owned after transaction: not disclosed in the data provided.
• Footnote: transaction executed in multiple trades at $85.00–$85.89; the filer will provide full trade-level details on request to the SEC/issuer.
• No 10b5-1 plan, tax withholding, gift, or option exercise was reported in the provided excerpt.
• Timeliness: filing appears to have been made the next day (not indicated as late in the provided data).

Context

• Sales by executives can be routine (diversification, liquidity, tax planning) and do not necessarily indicate a change in company outlook. Because this was a straightforward sale (code S) and not an option exercise or award, it reflects disposal of existing shares rather than issuance of new shares.