International Seaways (INSW) CEO logs 6,346 RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
International Seaways, Inc. President & CEO Lois K. Zabrocky reported routine equity compensation activity. On March 13, 6,346 restricted stock units vested under the company’s 2020 Management Incentive Compensation Plan and were settled in 6,346 shares of common stock. In connection with this vesting, 3,068 shares were withheld by International Seaways to cover her tax withholding obligation. Following these transactions, she directly holds 210,745 shares of common stock, along with remaining unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Zabrocky Lois K
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units | 6,346 | $0.00 | -- |
| Other | Common Stock, no par value per share | 6,346 | $0.00 | -- |
| Tax Withholding | Common Stock, no par value per share | 3,068 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 6,347 shares (Direct);
Common Stock, no par value per share — 213,813 shares (Direct)
Footnotes (1)
- These 6,346 shares of Common Stock are being acquired in connection with the vesting of 6,346 restricted stock units on March 13, 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 3,068 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. These 6,346 restricted stock units vested on March 13, 2026 and are being settled in shares of Common Stock as reported in Table I of this Form 4.
FAQ
What insider transaction did INSW CEO Lois K. Zabrocky report on this Form 4?
Lois K. Zabrocky reported the vesting of 6,346 restricted stock units that were settled in an equal number of International Seaways common shares. This reflects routine equity compensation under the company’s 2020 Management Incentive Compensation Plan rather than an open-market purchase or sale.
How many International Seaways (INSW) RSUs vested for the CEO in this filing?
A total of 6,346 restricted stock units vested for the CEO on March 13, 2026. These units were granted under the International Seaways 2020 Management Incentive Compensation Plan and were settled in 6,346 shares of common stock as part of her compensation package.
How were taxes handled on the INSW CEO’s RSU vesting reported here?
To cover tax withholding from the RSU vesting, 3,068 shares of International Seaways common stock were withheld by the company. This tax-withholding disposition is a non-market transaction and does not represent an open-market sale by the CEO.
What role does the International Seaways 2020 Management Incentive Compensation Plan play in this Form 4?
The 2020 Management Incentive Compensation Plan is the framework under which the CEO’s 6,346 restricted stock units vested and were settled in common shares. It governs the grant, vesting, and settlement terms for these equity awards reported in this Form 4.