International Seaways (INSW) director receives 1,842-share equity grant in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
International Seaways, Inc. director David I. Greenberg reported a compensation-related stock grant. He received 1,842 shares of Common Stock on June 8, 2026 under the company’s 2020 Non-Employee Director Incentive Compensation Plan. These shares vest on the earlier of June 8, 2027 or the 2027 annual stockholders meeting, bringing his direct holdings to 33,864 shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GREENBERG DAVID I
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 1,842 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,864 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Director stock grant: 1,842 shares
Post-transaction holdings: 33,864 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
Director stock grant
1,842 shares
Common Stock granted on June 8, 2026
Post-transaction holdings
33,864 shares
Director’s direct Common Stock holdings after grant
Grant price per share
$0.00 per share
Equity compensation, not an open-market purchase
Vesting date
June 8, 2027
Or earlier 2027 annual stockholders meeting
Key Terms
2020 Non-Employee Director Incentive Compensation Plan, vest, Form 4, Common Stock
4 terms
2020 Non-Employee Director Incentive Compensation Plan financial
"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"
vest financial
"and vest on the earlier of (i) June 8, 2027 and (ii) the date of the annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"These 1842 shares of Common Stock were granted to the Reporting Person"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did INSW director David I. Greenberg report?
Director David I. Greenberg reported receiving 1,842 shares of International Seaways Common Stock. The shares were granted as equity compensation under the 2020 Non-Employee Director Incentive Compensation Plan, rather than purchased or sold in the open market.
Was the INSW Form 4 transaction an open-market buy or sell?
The Form 4 does not show an open-market buy or sell. It records a grant of 1,842 shares at a price of $0.00 per share, indicating a compensation award rather than a market transaction.
What compensation plan was used for the INSW director’s stock grant?
The 1,842-share grant was made under International Seaways’ 2020 Non-Employee Director Incentive Compensation Plan. This plan provides equity awards to non-employee directors as part of their overall compensation package.