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INSW (INSW) VP Oshodi Adewale nets shares after RSU vesting and tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

International Seaways, Inc. Vice President & Controller Oshodi Adewale reported routine equity compensation activity. On March 6, 2026, 672 restricted stock units vested under the 2020 Management Incentive Compensation Plan and were settled in 672 shares of Common Stock.

To cover tax withholding from this vesting, 316 Common shares were disposed of to the company as a tax payment, while the remaining shares increased Adewale’s direct holdings. After these transactions, he directly holds 11,236 shares of Common Stock, with no remaining derivative positions reported. The amendment also notes that it reflects a previously filed gift of 400 shares made on March 3, 2026.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Oshodi Adewale

(Last) (First) (Middle)
C/O INTERNATIONAL SEAWAYS, INC.
600 THIRD AVENUE, 39TH FLOOR

(Street)
NEW YORK NY 10016

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
International Seaways, Inc. [ INSW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President & Controller
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
03/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, no par value per share 03/06/2026 J(1) 672(1) A (1) 11,552(2) D
Common Stock, no par value per share 03/06/2026 F(1) 316(1) D (1) 11,236(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units(3) $0 03/06/2026 D(3) 672(3) (3) (3) Common Stock(3) 672(3) (3) 0(3) D
Explanation of Responses:
1. These 672 shares of Common Stock are being acquired in connection with the vesting of 672 restricted stock units on March 6, 2026 pursuant to the International Seaways, Inc. 2020 Management Incentive Compensation Plan (the "Plan") which vested units are being settled in shares of Common Stock. In connection with the vesting of the units 316 shares are being withheld by International Seaways, Inc. ("INSW") in payment of the Reporting Person's tax withholding liability incurred as a result of the vesting of the units.
2. This amendment is to reflect the gift of 400 shares made on March 3, 2026 which was filed today.
3. These 672 restricted stock units vested on March 6, 2026 and are being settled in shares of Common Stock as reported in Table I of this Form 4.
/s/James D. Small III, Attorney-in-Fact, pursuant to power of attorney previously filed 03/11/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did INSW executive Oshodi Adewale report on March 6, 2026?

Oshodi Adewale reported the vesting of 672 restricted stock units into 672 Common shares on March 6, 2026, plus related share dispositions to the issuer for tax withholding tied to this equity compensation event.

How many International Seaways (INSW) shares does Oshodi Adewale hold after this Form 4/A?

Following the reported transactions, Oshodi Adewale directly holds 11,236 shares of International Seaways Common Stock. This total reflects the net result of RSU vesting, share issuance, and shares withheld to satisfy tax obligations on March 6, 2026.

Were any of Oshodi Adewale’s INSW transactions open-market buys or sells?

No, the filing shows no open‑market purchases or sales. The activity is limited to RSU vesting, settlement into Common Stock, a disposition to the issuer, and 316 shares withheld to cover tax liabilities, all tied to compensation.

What does the tax withholding transaction in the INSW Form 4/A represent?

The tax withholding entry reflects 316 Common shares delivered to International Seaways to pay Adewale’s tax liability arising from the RSU vesting. This is a non‑market disposition and does not represent an open‑market sale of shares.

What compensation plan governs the RSU vesting reported for INSW’s Oshodi Adewale?

The RSU vesting is under the International Seaways, Inc. 2020 Management Incentive Compensation Plan. On March 6, 2026, 672 restricted stock units vested and were settled in shares of Common Stock in accordance with this plan’s terms.

What prior transaction does this INSW Form 4/A amendment reference?

The amendment notes it is being filed to reflect a gift of 400 shares made on March 3, 2026, which was filed on the same day as this amendment. The gift itself is referenced in a footnote to the amended report.
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