International Seaways, Inc.·4

Jun 10, 11:11 AM ET

BERNLOHR TIMOTHY J 4

Research Summary

AI-generated summary

Updated

International Seaways (INSW) Director Timothy Bernlohr Receives Award

What Happened

  • Timothy J. Bernlohr, a director of International Seaways, was granted 1,842 shares of common stock on June 8, 2026. The grant was reported as an Other acquisition (code J) at a $0.00 per-share price (no cash paid). The shares vest on the earlier of June 8, 2027 or the company's 2027 annual meeting of stockholders.

Key Details

  • Transaction date: June 8, 2026; reported price: $0.00 per share; total shares granted: 1,842.
  • Filing date: Form 4 filed June 10, 2026 — within the standard two-business-day reporting window (timely).
  • Shares owned after transaction: not specified in the supplied filing details.
  • Footnote: Grant made under the Issuer's 2020 Non-Employee Director Incentive Compensation Plan; vesting tied to one-year anniversary or 2027 annual meeting.
  • Transaction code: J (Other acquisition or disposition).

Context

  • This appears to be a routine non-employee director equity award (common practice to compensate board members). Such grants are compensation, not an open-market purchase or sale, and do not by themselves indicate a change in insider sentiment about the stock.