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International Seaways (NYSE: INSW) SVP RSUs vest; shares withheld for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

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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*
Nugent William F.

(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)
Senior Vice President
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
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 03/13/2026 J(1) 1,725(1) A (1) 56,807 D
Common Stock, no par value per share 03/13/2026 F(1) 808(1) D (1) 55,999 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
Restricted Stock Units(2) $0 03/13/2026 D(2) 1,725(2) (2) (2) Common Stock(2) 1,725(2) (2) 1,726(2) D
Explanation of Responses:
1. 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.
2. 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.
/s/James D. Small III, Attorney-in-Fact, pursuant to power of attorney previously filed 03/16/2026
** 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 insider transaction did International Seaways (INSW) report for William F. Nugent?

International Seaways reported that senior vice president William F. Nugent had 1,725 restricted stock units vest and settle into common shares on March 13, 2026. These units were granted under the company’s 2020 Management Incentive Compensation Plan as part of his equity compensation.

How many International Seaways (INSW) shares were withheld for taxes in this Form 4?

The filing shows that 808 shares of International Seaways common stock were withheld to cover William F. Nugent’s tax withholding obligations. This tax withholding followed the vesting of 1,725 restricted stock units that were settled in shares on March 13, 2026.

Did the International Seaways (INSW) insider Form 4 include any open-market stock sales or purchases?

The Form 4 does not report any open-market purchases or sales of International Seaways stock. Reported activity consists of restricted stock units vesting into 1,725 common shares and 808 shares withheld by the company to satisfy tax liabilities tied to that vesting.

How many International Seaways (INSW) shares does William F. Nugent hold after these transactions?

Following the reported transactions, William F. Nugent directly holds 55,999 shares of International Seaways common stock. This figure reflects the vesting and settlement of 1,725 restricted stock units and the withholding of 808 shares by the company for tax obligations.

What equity plan governed the restricted stock units in the International Seaways (INSW) Form 4?

The restricted stock units vested under the International Seaways, Inc. 2020 Management Incentive Compensation Plan. On March 13, 2026, 1,725 units vested and were settled in common stock, with part of the resulting shares withheld by the company for tax withholding liabilities.
International Seaways

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