[Form 4] International Seaways, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Lois K. Zabrocky, President & CEO and director of International Seaways, Inc. (INSW), reported a sale of common stock. On 08/15/2025 she sold 2,000 shares at a weighted average price of $41.5847 under a Rule 10b5-1 trading plan established March 14, 2025. After the sale she beneficially owned 190,771 shares in a direct capacity. The Form 4 was filed with a signature by an attorney-in-fact on 08/18/2025. The filing discloses execution in multiple trades with prices ranging from $41.33 to $41.75.
Positive
- Transaction executed under a Rule 10b5-1 plan, which provides an affirmative defense under insider trading rules
- Filing discloses weighted average price and price range ($41.5847 weighted average; $41.33–$41.75 range), improving transparency
- Reporting person retains substantial direct ownership (190,771 shares) after the sale
Negative
- Insider sale of 2,000 shares reduced direct holdings, which may be noted by investors even if executed under a plan
- Form 4 indicates multiple trades, though individual trade details are not provided in the filing and require requester inquiry
Insights
TL;DR: Insider sale under a pre-established 10b5-1 plan; ownership remains substantial.
The reported sale of 2,000 shares at a weighted average price of $41.5847 was executed pursuant to a Rule 10b5-1 plan, which limits interpretation of the sale as opportunistic insider trading. Post-transaction direct ownership of 190,771 shares remains significant. The transaction size relative to total holdings is small and the filing provides the required disclosure of price range and plan date, enabling transparent investor assessment.
TL;DR: Proper disclosure and use of a 10b5-1 plan demonstrate governance compliance.
The Form 4 shows compliance with Section 16 reporting and documents that the trades were governed by a 10b5-1 trading plan executed March 14, 2025. The filing includes weighted-average pricing and notes multiple executions, and it was signed by an authorized attorney-in-fact. These elements align with best practices for minimizing appearance of selective insider trades.