International Seaways (NYSE: INSW) director awarded 1,842-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
International Seaways director Darron M. Anderson received a grant of 1,842 shares of common stock as board compensation. The shares were granted on June 8, 2026 under the company’s 2020 Non-Employee Director Incentive Compensation Plan and will vest on the earlier of June 8, 2027 or the 2027 annual stockholder meeting. Following this grant, Anderson directly holds 6,957 shares of International Seaways common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Anderson Darron M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock, no par value per share | 1,842 | $0.00 | -- |
Holdings After Transaction:
Common Stock, no par value per share — 6,957 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,842 shares
Shares after transaction: 6,957 shares
Grant date: June 8, 2026
+2 more
5 metrics
Shares granted
1,842 shares
Common stock grant to director on June 8, 2026
Shares after transaction
6,957 shares
Total direct holdings for Darron M. Anderson after grant
Grant date
June 8, 2026
Award date under 2020 Non-Employee Director Incentive Compensation Plan
Latest vesting date
June 8, 2027
Final vesting date unless 2027 annual meeting occurs earlier
Restructuring shares
1,842 shares
TransactionSummary restructuringShares associated with code J transaction
Key Terms
Form 4, Non-Employee Director Incentive Compensation Plan, vesting, restructuringShares
4 terms
Form 4 regulatory
"INSW insider activity was reported on a Form 4 insider filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Non-Employee Director Incentive Compensation Plan financial
"The shares were granted under the 2020 Non-Employee Director Incentive Compensation Plan."
vesting financial
"The 1,842 granted shares vest on the earlier of June 8, 2027 or the 2027 annual meeting."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did International Seaways (INSW) report for Darron M. Anderson?
International Seaways reported that director Darron M. Anderson received a grant of 1,842 shares of common stock. The shares were awarded as part of his non-employee director compensation under the company’s 2020 incentive plan.
Was the International Seaways (INSW) Form 4 transaction a market purchase or sale?
The Form 4 shows a grant of 1,842 shares to director Darron M. Anderson at a price of $0.00 per share. This indicates a compensation-related stock award rather than an open-market purchase or sale of International Seaways shares.