INSW CEO RSUs vest; shares withheld for taxes
International Seaways, Inc. President & CEO Lois K. Zabrocky reported routine equity compensation activity tied to restricted stock units.
Rhea-AI Filing Summary
International Seaways, Inc. President & CEO Lois K. Zabrocky reported routine equity compensation activity tied to restricted stock units. On March 12, 2026, 14,100 restricted stock units vested and were settled in shares of common stock under the company’s 2020 Management Incentive Compensation Plan.
In connection with this vesting, 7,086 common shares were withheld by International Seaways to cover the CEO’s tax withholding obligations. The filing also shows related dispositions to the issuer and an internal reclassification entry, leaving the CEO with 207,467 common shares and 28,200 restricted stock units directly held after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units | 14,100 | $0.00 | $0.00 |
| Other | Common Stock, no par value per share | 14,100 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, no par value per share | 7,086 | $0.00 | $0.00 |
Footnotes (2)
- F1. These 14,100 shares of Common Stock are being acquired in connection with the vesting of 14,100 restricted stock units on March 12, 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 7,086 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 14,100 restricted stock units vested on March 12, 2026 and are being settled in shares of Common Stock as reported in Table I of this Form 4.
FAQ
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