International Seaways owners sell 203,738 shares
The reported price disclosures include weighted averages for three sales, with footnotes giving ranges for the underlying transactions.
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Rhea-AI Filing Summary
International Seaways, Inc. reported four indirect sales of 203,738 common shares: 100,000 on October 9, 2026, at a weighted-average $121.551 per share; 37,888 on October 13 at a weighted-average $121.991; another 1,029 on October 13 at $124.481; and 64,821 on October 14 at a weighted-average $125.053. The Form 4 names Famatown Finance Ltd., Greenwich Holdings Ltd. and C.K. Ltd. as 10% owner reporting persons. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, no par value F6, F1, F2 | 64,821 | $125.053 | $8.11M |
| Sale | Common Stock, no par value F4, F1, F2 | 37,888 | $121.991 | $4.62M |
| Sale | Common Stock, no par value F5, F1, F2 | 1,029 | $124.481 | $128K |
| Sale | Common Stock, no par value F3, F1, F2 | 100,000 | $121.551 | $12.16M |
Footnotes (6)
- F1. These shares are directly held by Famatown Finance Limited.
- F2. C.K. Limited is the trustee of two trusts (the "Trusts") that indirectly hold all of the shares of Greenwich Holdings Limited and Famatown Finance Limited. Accordingly, C.K. Limited, as trustee, may be deemed to beneficially own the shares of common stock of International Seaways, Inc. that are beneficially owned by Greenwich Holdings Limited. Mr. Fredriksen established the trusts for the benefit of his immediate family. He is neither a beneficiary nor a trustee of either Trust. Therefore, Mr. Fredriksen has no economic interest in such shares of common stock and disclaims any control over such shares of common stock, save for any indirect influence he may have with C.K. Limited, as the trustee of the Trusts, in his capacity as the settlor of the Trusts.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $121.500 to $121.780. The reporting person undertakes to provide International Seaways, Inc., any security holder of International Seaways, Inc., or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.
- F4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $121.540 to $122.515. The reporting person undertakes to provide International Seaways, Inc., any security holder of International Seaways, Inc., or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.
- F5. These shares were sold in a single transaction at a price of $124.481 per share.
- F6. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $125.000 to $125.215. The reporting person undertakes to provide International Seaways, Inc., any security holder of International Seaways, Inc., or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.
Key Figures
Key Terms
weighted average price financial
beneficial ownership regulatory
pecuniary interest financial
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