STEVENSON CRAIG H JR 4

What Happened

• Craig H. Stevenson Jr., a director of International Seaways, was granted 1,842 shares of common stock on June 8, 2026. The shares were recorded as an "other acquisition" at $0.00, so no cash was exchanged. The grant was made under the company's 2020 Non-Employee Director Incentive Compensation Plan.

Key Details

• Transaction date (reporting period): June 8, 2026; Form 4 filed June 10, 2026 (appears timely — within the usual two-business-day reporting window).
• Transaction type/code: Other acquisition (J) — company grant/award.
• Shares granted: 1,842; Price: $0.00; Reported value: $0.
• Vesting: These 1,842 shares vest on the earlier of June 8, 2027 or the date of the 2027 annual meeting of stockholders (per footnote).
• Holdings note: The filing also discloses 65,075 shares held by Pecos Shipping LLC, of which Mr. Stevenson is the controlling member; the filing limits any admission of beneficial ownership to his pecuniary interest in that entity.

Context

• This was a compensation grant to a non-employee director (typical for board pay), not an open-market purchase or sale — it reflects compensation, not a direct market bet. Vesting means the shares may not be transferable or owned outright until the vest date or event.