International Seaways VP RSU vesting and tax shares
International Seaways, Inc. reported routine equity compensation activity for Vice President & Controller Adewale Oshodi.
Rhea-AI Filing Summary
International Seaways, Inc. reported routine equity compensation activity for Vice President & Controller Adewale Oshodi. On March 6, 2026, 672 restricted stock units vested under the company’s 2020 Management Incentive Compensation Plan and were settled in an equal number of common shares.
Of these shares, 316 were delivered back to International Seaways to cover Oshodi’s tax withholding obligations, a non-market transaction coded as tax withholding. Following these events, Oshodi directly holds 11,636 shares of common stock, reflecting a net increase in his equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units | 672 | $0.00 | $0.00 |
| Other | Common Stock, no par value per share | 672 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, no par value per share | 316 | $0.00 | $0.00 |
Footnotes (2)
- F1. These 672 shares of Common Stock are being acquired in connection with the vesting of 672 restricted stock units on March 6, 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 316 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 672 restricted stock units vested on March 6, 2026 and are being settled in shares of Common Stock as reported in Table I of this Form 4.
FAQ
What insider equity transaction did International Seaways (INSW) report for Adewale Oshodi?
How many International Seaways (INSW) RSUs vested for Adewale Oshodi on March 6, 2026?
Is the International Seaways (INSW) Form 4 for Adewale Oshodi an open-market stock sale?
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