Kumar Sujata Parekh 4
4 · Scorpio Tankers Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Scorpio Tankers (STNG) Director Sujata Parekh Receives Award
What Happened Sujata Parekh, a director of Scorpio Tankers Inc. (STNG), was granted 7,500 shares as an award under the company's 2013 Equity Incentive Plan on May 4, 2026. The Form 4 reports the grant at $626,025.00 per share for a reported aggregate value of $4,695,187,500. These shares are currently unvested and constitute a compensation award (code A), not an open-market purchase.
Key Details
- Transaction date and reported price: May 4, 2026 — 7,500 shares at $626,025.00 per share (aggregate $4,695,187,500) as reported on the Form 4.
- Vesting schedule (footnote F1): 2,500 shares vest on April 7, 2027; 2,500 on December 1, 2027; 2,500 on December 1, 2028.
- Footnote F2: Filing states the total amount includes 10,834 shares previously awarded under the 2013 Equity Incentive Plan.
- Shares owned after transaction: Not specified in the reported data.
- Filing timeliness: Transaction occurred May 4, 2026; the Form 4 was filed June 5, 2026, which is later than the typical two-business-day filing window for Form 4s.
Context This was an equity award (compensation), not a purchase or sale — the shares are unvested and become available only as they vest per the schedule. Retail investors should note the reported per‑share and aggregate values are those shown in the filing; compare with Scorpio Tankers’ market price for context, since awards reflect plan valuation and vesting restrictions rather than immediate market liquidity.
Insider Transaction Report
- Award
Common Shares
[F1][F2]2026-05-04$626025.00/sh+7,500$4,695,187,500→ 18,334 total
Footnotes (2)
- [F1]7,500.00 shares awarded on May 4, 2026 under the 2013 Equity Incentive Plan and are currently unvested. The 7,500.00 shares will vest 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 amount includes 10,834 shares previously awarded under the 2013 Equity Incentive Plan.