INSW executive sells 9,583 shares in open trade
International Seaways Senior Vice President William F. Nugent sold shares of company stock in an open-market transaction.
Rhea-AI Filing Summary
International Seaways Senior Vice President William F. Nugent sold shares of company stock in an open-market transaction. On the reported date, he sold 9,583 shares of common stock at a weighted average price of $76.002 per share, executed in multiple trades between $75.35 and $76.54. After this sale, he continued to directly own 52,572 shares of International Seaways common stock.
Positive
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Insider Trade Summary
Net Seller: 9,583 shares
Net Sell
1 txn
Insider
Nugent William F.
Role
Senior Vice President
Sold
9,583 shs ($728K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,583 | $76.002 | $728K |
Holdings After Transaction:
Common Stock — 52,572 shares (Direct)
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices ranging from $75.3500 to $76.5400. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request, full information regarding the number of shares and prices at which the transaction was effected to the SEC staff, the issuer or security holder of the Issuer.
FAQ
What insider transaction did International Seaways (INSW) report for William F. Nugent?
International Seaways reported that Senior Vice President William F. Nugent sold 9,583 shares of common stock. The transaction was an open-market sale, disclosed on Form 4, and reflects routine insider trading activity rather than a change in company operations or strategy.
What type of transaction did William F. Nugent execute in International Seaways (INSW) stock?
The transaction was an open-market sale of International Seaways common stock. The Form 4 identifies the code as “S,” meaning a sale in open market or private transaction, and classifies it as a non-derivative transaction involving common stock directly owned.
Does the INSW Form 4 filing indicate multiple trade prices for Nugent’s sale?
Yes. The filing notes the sale was executed in multiple trades between $75.35 and $76.54 per share. The reported $76.002 figure is a weighted average, and full trade details are available on request from regulatory staff, the issuer, or its security holders.
AI-generated analysis. How Rhea-AI works. Not financial advice.