International Seaways (INSW) CFO updates holdings after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
International Seaways, Inc. SVP & CFO Jeffrey Pribor reported the vesting of 3,387 restricted stock units that were settled in an equal number of shares of common stock under the company’s 2020 Management Incentive Compensation Plan. In connection with this vesting, 1,685 of the new shares were withheld by International Seaways to cover his tax withholding liability, a non-market disposition classified as a tax payment. Following these transactions, Pribor directly holds 101,521 shares of common stock, reflecting routine equity compensation rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Pribor Jeffrey
Role
SVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units | 3,387 | $0.00 | -- |
| Other | Common Stock, no par value per share | 3,387 | $0.00 | -- |
| Tax Withholding | Common Stock, no par value per share | 1,685 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,388 shares (Direct);
Common Stock, no par value per share — 103,206 shares (Direct)
Footnotes (1)
- These 3,387 shares of Common Stock are being acquired in connection with the vesting of 3,387 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 1,685 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 3,387 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 CFO Jeffrey Pribor report on this Form 4?
Jeffrey Pribor reported the vesting of 3,387 restricted stock units, which were settled in 3,387 shares of International Seaways common stock as part of equity compensation. The event reflects routine stock-based pay rather than an open-market purchase or sale.
What equity plan governed Jeffrey Pribor’s restricted stock units at INSW?
The 3,387 restricted stock units vested under the International Seaways, Inc. 2020 Management Incentive Compensation Plan. These vested units were settled in shares of common stock, illustrating how the company delivers a portion of senior executive compensation in equity.