[Form 4] International Seaways, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Jeffrey Pribor, SVP & CFO of International Seaways, Inc. (INSW), reported a sale of 1,000 shares of the company's common stock on 09/15/2025 at a price of $48.27 per share. The Form 4 states the sale was effected pursuant to a Rule 10b5-1 trading plan established May 23, 2025. After the transaction Pribor beneficially owned 63,502 shares.
The filing is signed by an attorney-in-fact on behalf of Pribor and discloses the transaction code as S (sale). This is a routine insider sale documented under a pre-existing trading plan; no options, derivatives, or other compensatory transactions are reported on this Form 4.
Positive
- Transaction executed under a Rule 10b5-1 trading plan, which provides procedural transparency and an affirmative defense against insider trading allegations.
- Filing discloses remaining beneficial ownership (63,502 shares), giving investors clear insight into the insider's ongoing stake.
Negative
- Insider sale of 1,000 shares may be perceived negatively by some investors despite being under a trading plan.
Insights
TL;DR: Routine insider sale under a 10b5-1 plan increases transparency and reduces concerns about opportunistic trading.
The filing shows the CFO used a pre-established Rule 10b5-1 plan to sell 1,000 shares at $48.27, which is a standard compliance mechanism allowing scheduled trades while providing an affirmative defense against insider trading claims. Reporting the remaining beneficial ownership of 63,502 shares gives investors clear visibility into ongoing insider exposure. The involvement of an attorney-in-fact for signature is procedural and does not alter the substantive disclosure.
TL;DR: Small, disclosed sale; immaterial to company valuation but relevant for insider holdings data.
The 1,000-share sale represents a modest disposition relative to the reported 63,502 shares remaining, indicating the transaction is not a large-scale exit. Because it was executed under a 10b5-1 plan, timing likely follows pre-set parameters rather than a reaction to nonpublic information. No derivative activity or other compensatory transactions were reported on this Form 4, so direct market-impacting implications appear limited.