International Seaways (INSW) Form 144 — 3,000-Share Sale Notice
Rhea-AI Filing Summary
Form 144 notice for International Seaways, Inc. (INSW) proposes sale of 3,000 common shares with an aggregate market value of $124,044.90, to be executed approximately on 08/14/2025 through Morgan Stanley Smith Barney LLC on the NYSE. The filing reports 49,366,276 shares outstanding, and discloses the acquisition history for the 3,000 shares: 1,276 shares from previously exercised options acquired on 09/06/2023 and 1,724 shares from restricted stock vesting under a registered plan on 02/29/2024; both show payment characterized as services rendered. The filing states no securities sold by the holder in the past three months. Several identifying fields are blank in the submission
Positive
- Transaction details provided: class, broker, number of shares, aggregate market value, approximate sale date, and exchange are specified
- Source of shares disclosed: 1,276 from exercised options and 1,724 from restricted stock vesting with acquisition dates provided
- Size immaterial to outstanding shares: 3,000 shares versus 49,366,276 outstanding indicates limited market impact
Negative
- Missing issuer identification in issuer section: issuer name and related issuer fields are not provided in the excerpt
- Missing filer/insider identity: filer CIK and the name of the person for whose account the securities are to be sold are blank, limiting transparency
- Form excerpt omits confirmatory details: absence of signer name/date and full filer contact details in provided content prevents full verification
Insights
TL;DR: Routine insider notice showing a small proposed sale (3,000 shares, ~$124k) sourced from option exercise and vested restricted stock; appears immaterial to market.
The Form 144 discloses the proposed disposition method, broker, approximate sale date, and the precise origin of the shares
TL;DR: Compliance-oriented disclosure appears largely complete on transaction details but lacks key identifying information in this excerpt.
The document records acquisition dates and legitimate sourcing of the securities