INSW VP reports RSU vesting and tax withholding
International Seaways, Inc. Vice President & Controller Adewale Oshodi reported routine equity compensation activity tied to restricted stock units.
Rhea-AI Filing Summary
International Seaways, Inc. Vice President & Controller Adewale Oshodi reported routine equity compensation activity tied to restricted stock units. On March 13, 2026, 641 restricted stock units vested and were settled into 641 shares of common stock. In connection with this vesting, 261 shares were withheld by International Seaways to cover tax withholding obligations, a non-market disposition. The transactions leave Oshodi with 12,200 common shares held directly, reflecting a modest, compensation-driven increase in ownership rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units | 641 | $0.00 | $0.00 |
| Other | Common Stock, no par value per share | 641 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, no par value per share | 261 | $0.00 | $0.00 |
Footnotes (2)
- F1. These 641 shares of Common Stock are being acquired in connection with the vesting of 641 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 261 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 641 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 INSW executive Adewale Oshodi report on this Form 4?
How many International Seaways (INSW) RSUs vested for Adewale Oshodi?
Were Adewale Oshodi’s INSW transactions open-market buys or sells?
Under which plan did Adewale Oshodi’s restricted stock units in INSW vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.