INSW (INSW) SVP Derek Solon logs RSU vesting and tax share withholding

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

International Seaways, Inc. senior vice president Derek G. Solon reported routine equity compensation activity tied to restricted stock units. On March 12, 2026, 3,066 restricted stock units vested and were settled in 3,066 shares of common stock under the company’s 2020 Management Incentive Compensation Plan. In connection with this vesting, 1,495 shares of common stock were withheld by International Seaways to cover Solon’s tax withholding obligations, a non-market disposition that does not involve an open-market sale. After these transactions, Solon directly owned 53,501 shares of common stock, reflecting continued equity exposure to the company.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Solon Derek G.

Role Senior Vice President

Type	Security	Shares	Price	Value
Disposition	Restricted Stock Units	3,066	$0.00	--
Other	Common Stock, no par value per share	3,066	$0.00	--
Tax Withholding	Common Stock, no par value per share	1,495	$0.00	--

Holdings After Transaction: Restricted Stock Units — 6,134 shares (Direct); Common Stock, no par value per share — 54,996 shares (Direct)

Footnotes (1)

These 3,066 shares of Common Stock are being acquired in connection with the vesting of 3,066 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 1,495 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 3,066 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.

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Form 4 Insider Transactions: What Each Field Means →

03/13/2026 - 06:53 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Solon Derek G.

(Last)

(First)

(Middle)

C/O INTERNATIONAL SEAWAYS, INC.

600 THIRD AVENUE, 39TH FLOOR

(Street)

NEW YORK

10016

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
International Seaways, Inc. [ INSW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, no par value per share	03/12/2026		J⁽¹⁾		3,066⁽¹⁾	A	⁽¹⁾	54,996	D
Common Stock, no par value per share	03/12/2026		F⁽¹⁾		1,495⁽¹⁾	D	⁽¹⁾	53,501	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units⁽²⁾	$0	03/12/2026		D⁽²⁾			3,066⁽²⁾	⁽²⁾	⁽²⁾	Common Stock⁽²⁾	3,066⁽²⁾	⁽²⁾	6,134⁽²⁾	D

Explanation of Responses:

1. These 3,066 shares of Common Stock are being acquired in connection with the vesting of 3,066 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 1,495 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.

2. These 3,066 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.

	/s/James D. Small, Attorney-in-Fact, pursuant to power of attorney previously filed	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did INSW executive Derek G. Solon report?

Derek G. Solon reported the vesting of 3,066 restricted stock units, which were settled in 3,066 shares of International Seaways common stock. This reflects routine equity compensation under the company’s 2020 Management Incentive Compensation Plan rather than an open-market purchase or sale.

How many INSW shares were withheld for taxes in Derek G. Solon’s Form 4?

In connection with the RSU vesting, 1,495 shares of International Seaways common stock were withheld to cover Derek G. Solon’s tax withholding liabilities. This tax-withholding disposition is a standard, non-market mechanism, not an open-market sale of shares.

How many International Seaways (INSW) shares does Derek G. Solon hold after the transactions?

Following the March 12, 2026 transactions, Derek G. Solon directly owned 53,501 shares of International Seaways common stock. This post-transaction holding reflects his ongoing equity stake after accounting for the RSU settlement and associated tax-withholding share reduction.

Were Derek G. Solon’s INSW transactions open-market buys or sells?

No, the reported transactions were not open-market buys or sells. They involved vesting and settlement of 3,066 restricted stock units into common shares and withholding of 1,495 shares to satisfy tax obligations, all occurring at a reported price of $0.00 per share.

What compensation plan governed Derek G. Solon’s INSW restricted stock units?

The restricted stock units that vested for Derek G. Solon were granted under International Seaways’ 2020 Management Incentive Compensation Plan. On March 12, 2026, 3,066 units vested and were settled in common stock, as described in the footnotes to the insider transaction report.