INSW (INSW) VP Oshodi reports RSU vesting and share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
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
3 transactions reported
Mixed
3 txns
Insider
Oshodi Adewale
Role
Vice President & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units | 641 | $0.00 | -- |
| Other | Common Stock, no par value per share | 641 | $0.00 | -- |
| Tax Withholding | Common Stock, no par value per share | 261 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 641 shares (Direct);
Common Stock, no par value per share — 12,461 shares (Direct)
Footnotes (1)
- 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. 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?
Adewale Oshodi reported vesting of 641 restricted stock units that were settled into common shares. As part of this event, some of the resulting shares were withheld to cover tax obligations, reflecting routine equity compensation activity rather than an open-market trade.
How many International Seaways (INSW) RSUs vested for Adewale Oshodi?
A total of 641 restricted stock units vested for Adewale Oshodi. These units were granted under the company’s 2020 Management Incentive Compensation Plan and were settled in an equal number of common shares upon vesting on March 13, 2026.
Were Adewale Oshodi’s INSW transactions open-market buys or sells?
No open-market buys or sells were reported. The Form 4 reflects equity compensation vesting, an internal adjustment from restricted stock units to shares, plus tax withholding where the issuer retained some shares to satisfy Oshodi’s tax liability.
Under which plan did Adewale Oshodi’s restricted stock units in INSW vest?
The 641 restricted stock units vested under the International Seaways, Inc. 2020 Management Incentive Compensation Plan. Upon vesting on March 13, 2026, these units were settled in common shares, with part of the resulting shares withheld for taxes.