STOCK TITAN

International Seaways (NYSE: INSW) director reports 1,842-share equity grant and LLC holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

International Seaways, Inc. director Craig H. Stevenson Jr. reported an award of 1,842 shares of Common Stock as director compensation. These shares were granted on June 8, 2026 under the company’s 2020 Non-Employee Director Incentive Compensation Plan and vest on the earlier of June 8, 2027 or the 2027 annual stockholders’ meeting. Following this grant, Stevenson holds 129,587 shares directly. Separately, 65,075 shares are reported as held indirectly through Pecos Shipping LLC, where he is the controlling member, with beneficial ownership disclaimed except to the extent of his pecuniary interest.

Positive

  • None.

Negative

  • None.

Insights

Director received routine stock grant, no open-market trading.

The filing shows Craig H. Stevenson Jr., a director of International Seaways, Inc., receiving 1,842 shares of Common Stock as compensation under the 2020 Non-Employee Director Incentive Compensation Plan. The grant vests after about one year or at the 2027 annual meeting.

The transaction uses code J, labeled as "Other acquisition or disposition," reflecting a compensation-related grant rather than market buying or selling. No exercise prices or derivative positions are reported, and transactionSummary shows no buys or sells, only a restructuring-type entry.

The filing also lists 65,075 shares held indirectly via Pecos Shipping LLC, with beneficial ownership disclaimed except for pecuniary interest. Overall, this appears to be routine director equity compensation and updated ownership disclosure, without a directional signal about the company’s share price.

Insider STEVENSON CRAIG H JR
Role null
Type Security Shares Price Value
Other Common Stock 1,842 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 129,587 shares (Direct, null); Common Stock — 65,075 shares (Indirect, Held by a limited liability company.)
Footnotes (1)
  1. These 1842 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. These shares of common stock are held by Pecos Shipping LLC, of which Mr. Stevenson is the controlling member. The filing of the Form 4 should not be deemed an admission that Mr. Stevenson is the beneficial owner of these 65,075 shares of common stock, except to the extent of his pecuniary interest.
Director stock grant 1,842 shares Common Stock granted June 8, 2026 under 2020 Non-Employee Director Incentive Compensation Plan
Vesting date trigger June 8, 2027 Grant vests on earlier of June 8, 2027 or 2027 annual meeting
Direct holdings after grant 129,587 shares Total Common Stock directly owned following the 1,842-share grant
Indirect LLC holdings 65,075 shares Common Stock held by Pecos Shipping LLC associated with the director
Grant price per share $0.0000 per share Compensation award, not a market purchase, on June 8, 2026
Restructuring shares 1,842 shares transactionSummary classifies the J-code entry as restructuringShares
2020 Non-Employee Director Incentive Compensation Plan financial
"pursuant to the Issuer's 2020 Non-Employee Director Incentive Compensation Plan and vest on the earlier"
Form 4 regulatory
"The filing of the Form 4 should not be deemed an admission that Mr. Stevenson is the beneficial owner"
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.
pecuniary interest financial
"should not be deemed an admission that Mr. Stevenson is the beneficial owner of these 65,075 shares of common stock, except to the extent of his pecuniary interest"
transaction code J financial
""J" ... transaction_code_description": "Other acquisition or disposition""
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
STEVENSON CRAIG H JR

(Last)(First)(Middle)
C/O INTERNATIONAL SEAWAYS, INC.
600 THIRD AVENUE, 39TH FLOOR

(Street)
NEW YORK NEW YORK 10016

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
International Seaways, Inc. [ INSW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/08/2026J1,842(1)A$0129,587(1)D
Common Stock65,075(2)I(2)Held by a limited liability company.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These 1842 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.
2. These shares of common stock are held by Pecos Shipping LLC, of which Mr. Stevenson is the controlling member. The filing of the Form 4 should not be deemed an admission that Mr. Stevenson is the beneficial owner of these 65,075 shares of common stock, except to the extent of his pecuniary interest.
/s/James D. Small III, Attorney-in-Fact, pursuant to power of attorney previously filed06/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did International Seaways (INSW) director Craig Stevenson report in this Form 4?

He reported receiving a grant of 1,842 shares of Common Stock as director compensation. The award was made on June 8, 2026 under International Seaways’ 2020 Non-Employee Director Incentive Compensation Plan, with vesting tied to time and the 2027 annual stockholders’ meeting.

How many International Seaways (INSW) shares does Craig Stevenson hold after this transaction?

After the grant, he holds 129,587 shares of Common Stock directly. The filing also reports 65,075 additional shares held indirectly through Pecos Shipping LLC, where he is the controlling member, with beneficial ownership disclaimed except for his pecuniary interest.

Is the 1,842-share International Seaways (INSW) grant immediately vested?

No, the 1,842-share grant is subject to vesting conditions. It vests on the earlier of June 8, 2027 or the date of the 2027 annual meeting of stockholders, consistent with typical non-employee director equity compensation structures using time-based vesting.

Was there any open-market buying or selling of INSW shares in this Form 4?

No open-market purchases or sales are reported. The main entry is a 1,842-share compensation grant using transaction code J, described as "Other acquisition or disposition," plus an indirect holding entry for 65,075 shares held by Pecos Shipping LLC associated with the director.

What is Pecos Shipping LLC’s role in Craig Stevenson’s INSW holdings?

Pecos Shipping LLC holds 65,075 International Seaways shares indirectly associated with Stevenson. He is the controlling member, but the filing states it should not be deemed an admission that he beneficially owns all those shares, except to the extent of his pecuniary interest in the LLC.