International Seaways (NYSE: INSW) CFO option exercise and 76,242 share holding
Rhea-AI Filing Summary
International Seaways, Inc. reported an insider equity transaction by its Senior Vice President and Chief Financial Officer. On 12/10/2025, the officer exercised stock options covering 13,995 shares of common stock at an exercise price of $17.46 per share through a net share settlement. This increased the officer’s holdings before withholding-related dispositions.
On the same date, 9,487 shares of common stock were withheld by the company at a price of $49.32 per share to cover the aggregate option exercise price and related withholding taxes. After these transactions, the officer beneficially owned 76,242 shares of International Seaways common stock, held directly. All of the options exercised were fully vested as of their exercisable date.
Positive
- None.
Negative
- None.
Insights
Analyzing...
FAQ
What insider transaction did INSW report for its CFO?
International Seaways, Inc. reported that its SVP & CFO exercised stock options for 13,995 shares of common stock on 12/10/2025 through a net share settlement.
What was the stock option exercise price in the INSW Form 4 filing?
The stock options were exercised at an exercise price of $17.46 per share, as disclosed for the stock option covering 13,995 shares of International Seaways common stock.
How many INSW shares were withheld to cover exercise price and taxes?
The filing states that 9,487 shares of International Seaways common stock were withheld by the issuer at $49.32 per share to satisfy the aggregate exercise price and related withholding taxes.
How many International Seaways (INSW) shares does the reporting person own after the transaction?
Following the reported transactions, the officer beneficially owned 76,242 shares of International Seaways common stock, held in direct ownership.
What is the reporting person’s role at International Seaways (INSW)?
The reporting person is an officer of International Seaways, Inc., serving as Senior Vice President & Chief Financial Officer.
Were the INSW stock options fully vested at the time of exercise?
Yes. The disclosure notes that 100% of the options exercised were vested on the stated exercisable date of 04/04/2021.
What derivative security was involved in the INSW insider transaction?
The transaction involved a stock option (right to buy) for 13,995 shares of International Seaways common stock, with an expiration date of 04/04/2028.