INSW: CFO nets shares via option exercise; 9,961 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
International Seaways (INSW) reported an insider transaction by its SVP & CFO. On 11/10/2025, the officer exercised 15,000 stock options at an exercise price of $17.46 and used a net share settlement.
The company withheld 9,961 shares at a price of $53.63 to cover the aggregate exercise price and related taxes. Following these transactions, the officer’s direct beneficial ownership stands at 72,734 shares. The exercised option (right to buy) covered 15,000 underlying shares, originally exercisable on 04/04/2021 and expiring on 04/04/2028, and now shows 0 derivatives remaining.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,000 shares exercised/converted
Mixed
3 txns
Insider
Pribor Jeffrey
Role
SVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 15,000 | $0.00 | -- |
| Exercise | Common Stock, no par value per share | 15,000 | $17.46 | $262K |
| Tax Withholding | Common Stock, no par value per share | 9,961 | $53.63 | $534K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock, no par value per share — 82,695 shares (Direct)
Footnotes (1)
- These stock options were exercised on a net share settlement basis. Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) withholding taxes related to such exercise. 100% of these options were vested on the date exercisable date.
FAQ
What did INSW (INSW) disclose in this Form 4?
The SVP & CFO exercised 15,000 stock options on 11/10/2025 and completed a net share settlement with shares withheld for exercise price and taxes.
How many options did the INSW CFO exercise and at what price?
The officer exercised 15,000 options at an exercise price of $17.46 per share.
What happened to the derivative securities after the exercise?
The exercised option covering 15,000 underlying shares now shows 0 derivative securities remaining.
What were the original vesting and expiration details of the options?
The options were 100% vested on 04/04/2021 and had an expiration date of 04/04/2028.