[144] International Seaways, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 notice for International Seaways, Inc. (INSW). The filing reports a proposed sale of 1,000 common shares through Morgan Stanley Smith Barney with an aggregate market value of $44,500. The company’s reported shares outstanding are 49,366,276. The approximate sale date is 08/22/2025. The securities were acquired on 02/29/2024 as restricted stock units and the purchase/payment date is listed as 02/29/2024. The filer reports no securities sold in the past three months and includes the standard attestation that the selling person is not aware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine Form 144 reporting a small insider sale of 1,000 shares via a broker; not clearly material to shareholders.
The filing documents a proposed disposition of 1,000 common shares valued at $44,500 through Morgan Stanley Smith Barney with an expected trade date of 08/22/2025. The shares were acquired as restricted stock units on 02/29/2024. Given the issuer’s reported outstanding share count of 49,366,276, the volume represents roughly 0.002% of outstanding shares, indicating the transaction is immaterial to market capitalization. The notice also confirms no sales by the reporting person in the prior three months and contains the standard attestation regarding material non-public information.
TL;DR: Compliance-focused disclosure of an insider sale under Rule 144; disclosure meets form requirements.
The document shows the filer following Rule 144 procedures by identifying the broker, class of security, acquisition details (restricted stock units on 02/29/2024), and the aggregate market value. The presence of the selling-party attestation and the absence of other sales in the last three months align with standard compliance practices. No additional governance issues or material disclosures are included in the filing text provided.