INSW (NYSE: INSW) CFO logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
International Seaways, Inc. SVP & CFO Jeffrey Pribor reported the vesting of 3,524 restricted stock units on March 6, 2026 under the company’s 2020 Management Incentive Compensation Plan. These units were settled in 3,524 shares of common stock.
In connection with the vesting, 1,757 shares were withheld by International Seaways to cover tax obligations, a non-market transaction. After these compensation-related entries, Pribor directly holds 97,249 shares of common stock, indicating this was a routine equity award vesting with associated tax withholding.
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 | 3,524 | $0.00 | -- |
| Other | Common Stock, no par value per share | 3,524 | $0.00 | -- |
| Tax Withholding | Common Stock, no par value per share | 1,757 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, no par value per share — 99,006 shares (Direct)
Footnotes (1)
- These 3,524 shares of Common Stock are being acquired in connection with the vesting of 3,524 restricted stock units on March 6, 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 1,757 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 3,524 restricted stock units vested on March 6, 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 3,524 restricted stock units that settled into 3,524 shares of International Seaways common stock. The transaction reflects routine equity compensation under the company’s 2020 Management Incentive Compensation Plan rather than an open-market purchase or sale.
What compensation plan is referenced in the International Seaways (INSW) Form 4 filing?
The Form 4 references the International Seaways, Inc. 2020 Management Incentive Compensation Plan. Under this plan, 3,524 restricted stock units vested on March 6, 2026 and were settled in shares of common stock as part of Jeffrey Pribor’s equity compensation.