Okland Marianne 4
4 · Scorpio Tankers Inc. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Scorpio Tankers (STNG) Director Marianne Okland Receives 7,500-Share Award
What Happened
Marianne Okland, a director of Scorpio Tankers Inc. (STNG), received an award of 7,500 shares under the company's 2013 Equity Incentive Plan on May 4, 2026. The Form 4 reports a price of $626,025.00 (as filed) and an aggregate reported value of $4,695,187,500 for the award. These shares were granted (not sold or purchased) and are currently unvested.
Key Details
- Transaction date: May 4, 2026; Form 4 filing date: June 11, 2026 (filed late relative to the usual 2-business-day Form 4 deadline).
- Reported price/amount: $626,025.00 (per the filing) and aggregate reported value $4,695,187,500.
- Vesting: 2,500 shares vest April 7, 2027; 2,500 shares vest December 1, 2027; 2,500 shares vest December 1, 2028. All 7,500 shares are currently unvested (Footnote F1).
- Shares outstanding/awards: Filing notes the total includes 70,168 previously awarded shares (Footnote F2); combined this suggests 77,668 shares awarded under the plan as reported in the filing.
- Nature of transaction: Award/grant (code A) — not an open-market purchase or sale.
Context
An award/grant is compensation that vests over time; because these shares are unvested, they do not represent an immediate sale or cash transaction. The late filing means the market received this disclosure several weeks after the grant date; Form 4 timeliness does not change the facts of the award but delays public visibility.
Insider Transaction Report
- Award
Common Shares
[F1][F2]2026-05-04$626025.00/sh+7,500$4,695,187,500→ 77,668 total
Footnotes (2)
- [F1]7,500.00 shares were awarded under the 2013 Equity Incentive Plan of the Issuer and are currently unvested. The vesting schedule is as follows: 2,500.00 shares on April 7, 2027. 2,500.00 shares on December 1, 2027. 2,500.00 shares on December 1, 2028.
- [F2]The total shares include 70,168.00 shares previously awarded under the 2013 Equity Incentive Plan of the Issuer.