International Seaways (INSW) SVP sells 4,700 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
International Seaways, Inc. senior vice president Derek G. Solon reported an open-market sale of 4,700 shares of common stock on May 12, 2026. The shares were sold at a weighted average price of $89.2153 per share in multiple trades between $88.6750 and $89.9700. Following this transaction, he directly holds 49,719 shares of International Seaways common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,700 shares ($419,312)
Net Sell
1 txn
Insider
Solon Derek G.
Role
Senior Vice President
Sold
4,700 shs ($419K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,700 | $89.2153 | $419K |
Holdings After Transaction:
Common Stock — 49,719 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 4,700 shares
Weighted average sale price: $89.2153 per share
Price range of trades: $88.6750–$89.9700 per share
+1 more
4 metrics
Shares sold
4,700 shares
Open-market sale of common stock on May 12, 2026
Weighted average sale price
$89.2153 per share
Average price across multiple trades for the 4,700 shares
Price range of trades
$88.6750–$89.9700 per share
Range of execution prices for the sale transactions
Shares held after transaction
49,719 shares
Direct holdings of Derek G. Solon after the sale
Key Terms
open-market sale, weighted average sale price, Form 4, SEC staff
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC staff regulatory
"provide, upon request, full information ... to the SEC staff, the issuer or security holder"
FAQ
What insider transaction did INSW senior vice president Derek G. Solon report?
Derek G. Solon reported selling 4,700 shares of International Seaways common stock. The transaction was an open-market sale, disclosed on Form 4, and reflects a routine portfolio adjustment rather than a new grant or option exercise.
What type of transaction was reported in the INSW Form 4 filing?
The filing reports an open-market sale of common stock classified under transaction code “S.” This indicates a standard sale in the market or a private transaction, rather than an option exercise, grant, gift, or tax-withholding-related share disposition.
Was the INSW insider sale executed as a single trade or multiple trades?
The sale was executed in multiple trades at different prices. According to the disclosure, individual trades occurred between $88.6750 and $89.9700, and the Form 4 reports a weighted average sale price of $89.2153 per share for the 4,700 shares sold.