INSW CFO exercises options, updates share holdings
International Seaways, Inc. SVP & CFO Jeffrey Pribor exercised stock options and received common shares.
Sentiment and the balance of points
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Rhea-AI Filing Summary
International Seaways, Inc. SVP & CFO Jeffrey Pribor exercised stock options and received common shares. He converted options into 13,171 shares of common stock at an exercise price of $21.93 per share, then had 7,965 shares withheld by the company to cover the option exercise cost and related taxes. After these transactions, he directly owned 95,482 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 13,171 | $0.00 | $0.00 |
| Exercise | Common Stock, no par value per share | 13,171 | $21.93 | $289K |
| Exercise Price or Tax Liability | Common Stock, no par value per share | 7,965 | $76.50 | $609K |
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did INSW SVP & CFO Jeffrey Pribor report?
Did the INSW insider Form 4 show an open-market stock sale?
What does transaction code M mean in the INSW Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.