International Seaways (NYSE: INSW) director awarded 2,886 stock units as compensation
Rhea-AI Filing Summary
International Seaways, Inc. director Ian T. Blackley reported a compensation-related equity grant. He received 2,886 shares of Common Stock on June 8, 2026 under the company’s 2020 Non-Employee Director Incentive Compensation Plan at no cash cost.
The shares vest on the earlier of June 8, 2027 or the company’s 2027 annual stockholders meeting. Following this grant, Blackley directly holds 27,586 shares of International Seaways common stock. This filing reflects routine director compensation rather than an open‑market trade.
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Insights
Routine director equity grant with no open-market trading signal.
Director Ian T. Blackley received 2,886 shares of International Seaways common stock as part of the 2020 Non-Employee Director Incentive Compensation Plan. The transaction code J and zero price indicate a compensation award, not a market purchase or sale.
The shares vest on the earlier of June 8, 2027 or the 2027 annual stockholders meeting, creating standard time-based alignment with shareholders. After this grant, he directly holds 27,586 shares, suggesting the event is modest and consistent with ongoing board compensation practices.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 2,886 | $0.00 | $0.00 |
Footnotes (1)
- F1. These 2886 shares of Common Stock were granted to the Reporting Person by the Issuer on June 8, 2026 pursuant to the Issuer's 2020 Non-Employee Director Incentive Compensation Plan and vest on the earlier of (i) June 8, 2027 and (ii) the date of the annual meeting of stockholders in 2027.
Key Figures
Key Terms
2020 Non-Employee Director Incentive Compensation Plan financial
vest financial
Common Stock financial
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