INSW CEO reports vesting and tax share withholding
International Seaways, Inc. President & CEO Lois K. Zabrocky reported equity compensation activity tied to performance awards.
Rhea-AI Filing Summary
International Seaways, Inc. President & CEO Lois K. Zabrocky reported equity compensation activity tied to performance awards. On February 26, 2026, 19,530 performance restricted stock units granted on March 8, 2023 vested and were settled in 25,632 shares of common stock under the company’s 2020 Management Incentive Compensation Plan. In connection with this vesting, 13,060 shares of common stock were withheld by International Seaways to cover her tax withholding obligation, and the vested units themselves were disposed of to the issuer. After these transactions, she directly owned 197,202 common shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Performance Restricted Stock Units | 19,530 | $0.00 | $0.00 |
| Other | Common Stock, no par value per share | 25,632 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, no par value per share | 13,060 | $0.00 | $0.00 |
Footnotes (2)
- F1. These 25,632 shares of Common Stock are being acquired after vesting on February 26, 2026 in connection with the vesting of 19,530 performance restricted stock units granted on March 8, 2023 pursuant to 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, 13,060 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.
- F2. These performance restricted stock units vested on February 26, 2026 and are being settled in shares of Common Stock as reported in Table I of this Form 4.
FAQ
What insider transactions did INSW CEO Lois Zabrocky report on February 26, 2026?
How many performance restricted stock units vested for INSW CEO Lois Zabrocky?
What is Lois Zabrocky’s direct ownership in INSW after these transactions?
Were Lois Zabrocky’s INSW transactions open-market purchases or sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.