Kumar Sujata Parekh 4
4 · Scorpio Tankers Inc. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Scorpio Tankers Director Sujata Parekh Receives 7,500-Share Award
What Happened
Sujata Parekh, a director of Scorpio Tankers Inc. (STNG), was granted 7,500 shares under the company’s 2013 Equity Incentive Plan on May 4, 2026. The Form 4 reports a per-share amount of $626,025.00 and an aggregate reported value of $4,695,187,500 for the award. The shares are reported as currently unvested.
Key Details
- Transaction type: Award/Grant (code A) on 2026-05-04; Form 4 filed 2026-06-11 (appears to be filed late relative to the transaction date).
- Reported per-share amount: $626,025.00; reported aggregate value: $4,695,187,500 (as shown on the filing).
- Vesting schedule for the 7,500 awarded shares (all unvested): 2,500 on Apr 7, 2027; 2,500 on Dec 1, 2027; 2,500 on Dec 1, 2028.
- Shares owned after transaction: 25,000 total per filing (footnote states total is 25,000 and includes 17,500 previously awarded under the 2013 plan).
- Footnotes: F1 notes the award is unvested and lists the vesting dates; F2 clarifies the issuer’s total awarded shares to this insider equal 25,000 (not 18,334) including prior awards.
Context
This was an equity award grant (not an open-market purchase or sale). Grants are compensation and typically vest over time, so they do not necessarily reflect an immediate purchase or sale by the insider. Retail investors should note the large reported dollar values are taken directly from the filing; the award remains subject to the stated vesting schedule.
Insider Transaction Report
- Award
Common Shares
[F1][F2]2026-05-04$626025.00/sh+7,500$4,695,187,500→ 25,000 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 number of shares is 25,000.00 (not 18,334.00) and includes 17,500.00 shares previously awarded under the 2013 Equity Incentive Plan of the Issuer.