INSW CFO exercises 15,000 options; direct holdings 72,734 shares
International Seaways (INSW) reported an insider transaction by its SVP & CFO.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 15,000 | $0.00 | $0.00 |
| Exercise | Common Stock, no par value per share | 15,000 | $17.46 | $262K |
| Exercise Price or Tax Liability | Common Stock, no par value per share | 9,961 | $53.63 | $534K |
Footnotes (3)
- F1. These stock options were exercised on a net share settlement basis.
- F2. 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.
- F3. 100% of these options were vested on the date exercisable date.
FAQ
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What did INSW (INSW) disclose in this Form 4?
How many options did the INSW CFO exercise and at what price?
What happened to the derivative securities after the exercise?
What were the original vesting and expiration details of the options?
AI-generated analysis. How Rhea-AI works. Not financial advice.