Executive at International Seaways (INSW) exercises options, with shares withheld

Rhea-AI Filing Summary

International Seaways, Inc. Vice President & Controller Adewale Oshodi exercised employee stock options and had shares withheld for taxes. On February 26, 2026, he exercised options for 1,551 shares in a net share settlement, receiving common stock at $21.58 per share. To cover the option exercise price and related withholding taxes, 1,052 shares of common stock were disposed of through tax withholding at $72.51 per share. Following these transactions, he directly owned 10,077 shares of International Seaways common stock.

Insider Trade Summary

1,551 shares exercised/converted

Mixed 3 txns

Insider Oshodi Adewale

Role Vice President & Controller

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	1,551	$0.00	--
Exercise	Common Stock, no par value per share	1,551	$21.58	$33K
Tax Withholding	Common Stock, no par value per share	1,052	$72.51	$76K

Holdings After Transaction: Stock Option (Right to Buy) — 0 shares (Direct); Common Stock, no par value per share — 11,129 shares (Direct)

Footnotes (1)

1. These stock options were exercised on a net share settlement basis. Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) withholding taxes related to such exercise. 100% of these options were vested on the date exercisable date.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Oshodi Adewale

(Last) (First) (Middle)

C/O INTERNATIONAL SEAWAYS, INC.

600 THIRD AVENUE, 39TH FLOOR

(Street)

NEW YORK NY 10016

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
International Seaways, Inc. [ INSW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President & Controller

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, no par value per share	02/26/2026		M(1)		1,551	A	$21.58(1)	11,129	D
Common Stock, no par value per share	02/26/2026		F(2)		1,052	D	$72.51(2)	10,077	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$21.58	02/26/2026		M(1)			1,551	03/17/2024(3)	03/17/2031	Common Stock(2)	1,551	(2)	0(3)	D

Explanation of Responses:

1. These stock options were exercised on a net share settlement basis.

2. Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) withholding taxes related to such exercise.

3. 100% of these options were vested on the date exercisable date.

	/s/James D. Small III, Attorney-in-Fact, pursuant to power of attorney previously filed	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did International Seaways (INSW) executive Adewale Oshodi report on this Form 4?

Adewale Oshodi reported exercising stock options and related tax-withholding share dispositions. He converted options into 1,551 common shares, with 1,052 shares withheld to cover the exercise price and taxes, reflecting routine compensation-related activity rather than an open-market stock trade.

How many International Seaways (INSW) options did Oshodi exercise?

Oshodi exercised stock options covering 1,551 shares of International Seaways common stock. The filing notes these options were fully vested on the exercisable date and were exercised on a net share settlement basis, meaning he did not pay cash but settled through share withholding.

At what prices were Adewale Oshodi’s INSW Form 4 transactions recorded?

The option exercise converted 1,551 shares at an exercise price of $21.58 per share. To pay the exercise cost and related taxes, 1,052 shares of common stock were disposed of via tax withholding at $72.51 per share, as detailed in the Form 4 footnotes.

How many International Seaways (INSW) shares does Oshodi own after these transactions?

After exercising options and having shares withheld for taxes, Oshodi directly owned 10,077 shares of International Seaways common stock. This post-transaction holding reflects the net result of acquiring shares through option exercise and the tax-related share disposition.

Was Adewale Oshodi’s International Seaways (INSW) Form 4 a sale in the open market?

The Form 4 shows no open-market sale. Instead, it records an option exercise and a tax-withholding disposition coded “F,” where 1,052 shares were withheld by the issuer to pay the option exercise price and related withholding taxes, a common administrative mechanism.

What do the Form 4 footnotes for INSW say about Oshodi’s option exercise?

The footnotes state the options were exercised on a net share settlement basis, with 1,052 shares withheld to satisfy the aggregate exercise price and withholding taxes. They also note that 100% of the options were vested on the exercisable date, confirming eligibility for exercise.