CFO of International Seaways (INSW) sells 1,000 shares under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
International Seaways, Inc. SVP & CFO Jeffrey Pribor sold 1,000 shares of common stock in an open-market transaction. The shares were sold at an average price of $83.72 per share, and he continues to hold 102,984 shares directly after the sale. The filing notes the transaction was carried out under a Rule 10b5-1 trading plan, indicating it was pre-arranged.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($83,720)
Net Sell
1 txn
Insider
Pribor Jeffrey
Role
SVP & CFO
Sold
1,000 shs ($84K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $83.72 | $84K |
Holdings After Transaction:
Common Stock — 102,984 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,000 shares
Sale price per share: $83.72 per share
Shares held after transaction: 102,984 shares
+1 more
4 metrics
Shares sold
1,000 shares
Open-market sale of common stock on 2026-05-15
Sale price per share
$83.72 per share
Average sale price for 1,000 shares
Shares held after transaction
102,984 shares
Direct ownership after reported sale
Net insider share change
-1,000 shares
Net effect of reported Form 4 transactions
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction ... was effected pursuant to a rule 10b5-1 trading plan..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The transaction reported on this Form 4 was effected pursuant..."
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.
FAQ
What insider transaction did International Seaways (INSW) report for Jeffrey Pribor?
International Seaways reported that SVP & CFO Jeffrey Pribor sold 1,000 shares of common stock in an open-market transaction. The sale was disclosed on a Form 4 insider filing, providing details on price, timing, and his remaining share ownership.
What type of transaction code appears on the International Seaways (INSW) Form 4?
The Form 4 lists transaction code “S”, which indicates a sale in an open-market or private transaction. The filing also labels the event as an open-market sale of non-derivative common stock, clarifying the nature of the insider’s activity.