RSU vesting gives International Seaways (NYSE: INSW) CAO 1,038 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
International Seaways, Inc. reported that CAO, SVP, Secretary & General Counsel James D. Small III had 2,201 restricted stock units vest on March 13, 2026 under the company’s 2020 Management Incentive Compensation Plan. These units were settled in 2,201 shares of common stock.
In connection with this vesting, 1,163 shares were withheld by International Seaways to cover the reporting person’s tax withholding liability. As a result, he effectively retained 1,038 shares from the award and directly owns 40,085 shares of common stock following the transactions. The filing shows no open‑market purchases or sales; the movements reflect equity compensation vesting and related tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Small James D III
Role
CAO,SVP,Sec. & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units | 2,201 | $0.00 | -- |
| Other | Common Stock, no par value per share | 2,201 | $0.00 | -- |
| Tax Withholding | Common Stock, no par value per share | 1,163 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,201 shares (Direct);
Common Stock, no par value per share — 41,248 shares (Direct)
Footnotes (1)
- These 2,201 shares of Common Stock are being acquired in connection with the vesting of 2,201 restricted stock units on March 13, 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 1,163 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. These 2,201 restricted stock units vested on March 13, 2026 and are being settled in shares of Common Stock as reported in Table I of this Form 4.
FAQ
What did International Seaways (INSW) report for James D. Small III on this Form 4?
International Seaways reported that CAO James D. Small III had 2,201 restricted stock units vest on March 13, 2026, which were settled in common shares as part of the company’s 2020 Management Incentive Compensation Plan.
How many International Seaways (INSW) RSUs vested for the CAO on March 13, 2026?
A total of 2,201 restricted stock units vested for the CAO on March 13, 2026. These RSUs were granted under the 2020 Management Incentive Compensation Plan and were settled one-for-one in shares of International Seaways common stock.
Were there any open-market buy or sell transactions by the INSW CAO in this Form 4?
No open-market buys or sells were reported. The Form 4 shows RSU vesting, settlement into common stock, a disposition to the issuer, and shares withheld by International Seaways to cover tax liabilities, rather than discretionary market trades.
What is the purpose of the RSU award reported for International Seaways (INSW) CAO?
The RSU award is part of International Seaways’ 2020 Management Incentive Compensation Plan. It provides equity-based compensation, aligning the CAO’s interests with shareholders by granting units that vest over time and settle in common stock.