International Seaways SVP RSU vesting, tax withholding
International Seaways, Inc. senior vice president William F. Nugent reported routine equity compensation activity.
Rhea-AI Filing Summary
International Seaways, Inc. senior vice president William F. Nugent reported routine equity compensation activity. On March 13, 2026, 1,725 restricted stock units vested under the company’s 2020 Management Incentive Compensation Plan and were settled in 1,725 shares of common stock. In connection with this vesting, 808 shares were withheld by International Seaways to cover Mr. Nugent’s tax withholding obligations, a non-market disposition. After these transactions, he directly holds 55,999 shares of common stock. No open-market purchases or sales were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units | 1,725 | $0.00 | $0.00 |
| Other | Common Stock, no par value per share | 1,725 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, no par value per share | 808 | $0.00 | $0.00 |
Footnotes (2)
- F1. These 1,725 shares of Common Stock are being acquired in connection with the vesting of 1,725 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 808 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.
- F2. These 1,725 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 insider transaction did International Seaways (INSW) report for William F. Nugent?
Did the International Seaways (INSW) insider Form 4 include any open-market stock sales or purchases?
What equity plan governed the restricted stock units in the International Seaways (INSW) Form 4?
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