INSW SVP reports RSU vesting and tax withholding
International Seaways Senior Vice President Derek G. Solon reported the vesting of 1,780 restricted stock units on March 6, 2026 under the company’s 2020 Management Incentive Compensation Plan.
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Rhea-AI Filing Summary
International Seaways Senior Vice President Derek G. Solon reported the vesting of 1,780 restricted stock units on March 6, 2026 under the company’s 2020 Management Incentive Compensation Plan. The vested units were settled in an equal number of common shares, with 839 shares withheld to cover tax obligations.
Following these compensation-related transactions and tax withholding, Solon directly holds 51,930 shares of International Seaways common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units | 1,780 | $0.00 | $0.00 |
| Other | Common Stock, no par value per share | 1,780 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, no par value per share | 839 | $0.00 | $0.00 |
Footnotes (2)
- F1. These 1,780 shares of Common Stock are being acquired in connection with the vesting of 1,780 restricted stock units on March 6, 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 839 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.
- F2. These 1,780 restricted stock units vested on March 6, 2026 and are being settled in shares of Common Stock as reported in Table I of this Form 4.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did International Seaways (INSW) report for Derek G. Solon?
How many restricted stock units vested for the INSW executive on March 6, 2026?
What does transaction code F mean in this International Seaways Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.