International Seaways (INSW) VP reports bona fide 400-share stock gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
International Seaways, Inc. Vice President & Controller Oshodi Adewale reported a Form 4 showing a bona fide gift of 400 shares of common stock effective March 3, 2026. This was not a market transaction and no value was received for the gifted shares.
Following the gift, Adewale directly holds 10,880 shares of International Seaways common stock. The filing does not show any option exercises, open-market purchases, or sales, only this non-cash, charitable-style transfer.
Positive
- None.
Negative
- None.
Insider Trade Summary
400 shares gifted
Mixed
1 txn
Insider
Oshodi Adewale
Role
Vice President & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, no par value per share | 400 | $0.00 | -- |
Holdings After Transaction:
Common Stock, no par value per share — 10,880 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did INSW executive Oshodi Adewale report on this Form 4?
Oshodi Adewale reported a bona fide gift of 400 shares of International Seaways common stock. The transfer occurred effective March 3, 2026 and is described as a non-market transaction, meaning no sale on an exchange and no price was paid or received.
Is the Oshodi Adewale Form 4 transaction for INSW a market sale or purchase?
The Form 4 transaction is not a market sale or purchase. It is a bona fide gift of 400 shares, with the filing specifying that no value was received and no price reported, indicating a non-cash, non-market transfer of International Seaways common stock.
What role does Oshodi Adewale hold at International Seaways (INSW) in this Form 4 filing?
In this Form 4, Oshodi Adewale is identified as an officer of International Seaways, serving as Vice President & Controller. The filing reports his personal equity activity in the company’s common stock, specifically a non-market, bona fide gift of 400 shares.
Does the Oshodi Adewale Form 4 for INSW indicate any option exercises or tax-withholding sales?
The Form 4 does not indicate any option exercises or tax-withholding sales. It reports only a single non-derivative transaction: a bona fide gift of 400 common shares, with no associated exercise price and no derivative positions listed in the derivative transaction summary.