International Seaways, Inc.·4

Jun 10, 10:45 AM ET

Anderson Darron M. 4

4 · International Seaways, Inc. · Filed Jun 10, 2026

Research Summary

AI-generated summary of this filing

Updated

International Seaways (INSW) Director Darron Anderson Receives Award

What Happened
Darron M. Anderson, a director of International Seaways, was granted 1,842 shares of common stock on June 8, 2026. The filing reports the acquisition value as $0 because the shares are a restricted award that will vest in the future.

Key Details

  • Transaction date: June 8, 2026 (Form 4 filed June 10, 2026). Filing appears timely.
  • Transaction type: Awarded shares (reported as "other acquisition or disposition (J)"); no cash paid at grant.
  • Shares granted: 1,842 common shares; reported value $0 at grant.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnote: Grant made under the Issuer's 2020 Non-Employee Director Incentive Compensation Plan; vesting occurs on the earlier of (i) June 8, 2027 or (ii) the date of the 2027 annual meeting of stockholders.

Context
This is a grant of restricted stock to a non-employee director — a common form of director compensation. Because the shares are subject to vesting, the award does not necessarily indicate immediate economic investment or sale; it represents future compensation contingent on continued service or meeting vesting conditions.

Insider Transaction Report

Form 4
Period: 2026-06-08
Transactions
  • Other

    Common Stock, no par value per share

    [F1]
    2026-06-08+1,8426,957 total
Footnotes (1)
  • [F1]These 1,842 shares of Common Stock were granted to the Reporting Person by the Issuer on June 8, 2026 pursuant to the Issuer's 2020 Non-Employee Director Incentive Compensation Plan and vest on the earlier of (i) June 8, 2027 and (ii) the date of the annual meeting of stockholders in 2027.
Signature
/s/James D. Small III, Attorney-in-Fact, pursuant to power of attorney previously filed|2026-06-10

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4