International Seaways (NYSE: INSW) SVP RSUs vest, shares withheld for taxes

Rhea-AI Filing Summary

International Seaways, Inc. Senior Vice President William F. Nugent reported the vesting of 3,066 restricted stock units on March 12, 2026 under the company’s 2020 Management Incentive Compensation Plan. The vested units are being settled in 3,066 shares of common stock.

In connection with this vesting, 1,494 shares of common stock are being withheld by International Seaways to satisfy Mr. Nugent’s tax withholding obligations, a non‑market transaction recorded with code F. The Form 4 also shows related entries for the disposition of the vested restricted stock units back to the issuer and the corresponding acquisition of common shares.

Following these transactions, Mr. Nugent holds 55,082 shares of common stock directly and 6,134 restricted stock units. The activity reflects routine equity compensation vesting and associated tax withholding rather than open‑market buying or selling.

SEC Form 4

FORM 4

UNITED 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^*

Nugent William F.

(Last) (First) (Middle)

C/O INTERNATIONAL SEAWAYS, INC.

600 THIRD AVENUE, 39TH FLOOR

(Street)

NEW YORK NY 10016

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
International Seaways, Inc. [ INSW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, no par value per share	03/12/2026		J(1)		3,066(1)	A	(1)	56,576	D
Common Stock, no par value per share	03/12/2026		F(1)		1,494(1)	D	(1)	55,082	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(2)	$0	03/12/2026		D(2)			3,066(2)	(2)	(2)	Common Stock(2)	3,066(2)	(2)	6,134(2)	D

Explanation of Responses:

1. These 3,066 shares of Common Stock are being acquired in connection with the vesting of 3,066 restricted stock units on March 12, 2026 pursuant to the 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 1,494 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.

2. These 3,066 restricted stock units vested on March 12, 2026 and are being settled in shares of Common Stock as reported in Table I of this Form 4.

	/s/James D. Small III, Attorney-in-Fact, pursuant to power of attorney previously filed	03/13/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did INSW executive William F. Nugent report?

William F. Nugent reported vesting of 3,066 restricted stock units on March 12, 2026, which were settled in 3,066 shares of International Seaways common stock. The filing also records related dispositions of the units and tax‑withholding share transfers to the company.

How many INSW restricted stock units vested for William F. Nugent?

A total of 3,066 restricted stock units vested for William F. Nugent on March 12, 2026 under International Seaways’ 2020 Management Incentive Compensation Plan. These units are being settled in an equal number of common shares, as reflected in the Form 4 filing.

Why were 1,494 International Seaways shares withheld in this Form 4?

The company withheld 1,494 shares of common stock to cover William F. Nugent’s tax withholding liability arising from the vesting of 3,066 restricted stock units. This disposition, coded F, represents payment of taxes and is not an open‑market sale of INSW shares.

What are William F. Nugent’s INSW common stock holdings after the transactions?

After the reported transactions, William F. Nugent directly holds 55,082 shares of International Seaways common stock. The Form 4 also shows that he continues to hold 6,134 restricted stock units, providing additional potential equity exposure upon future vesting and settlement.

Are the INSW Form 4 transactions open-market buys or sells?

The transactions are not open‑market buys or sells. They reflect routine equity compensation vesting, settlement of 3,066 restricted stock units into common shares, and 1,494 shares withheld by International Seaways to satisfy tax obligations associated with the vesting event.

Under which plan did William F. Nugent’s INSW RSUs vest?

The 3,066 restricted stock units vested under the International Seaways, Inc. 2020 Management Incentive Compensation Plan. The units vested on March 12, 2026 and are being settled in shares of common stock as described in the Form 4 footnotes.