Scorpio Tankers officer may sell $4.8M in stock
An officer of Scorpio Tankers Inc. filed a Rule 144 notice to potentially sell 56,500 vested incentive-plan shares valued at about $4.8 million.
Rhea-AI Filing Summary
Scorpio Tankers Inc. (STNG) is the issuer of common shares that an officer, Christopher John Avella, has notified he may sell under Rule 144. The notice covers up to 56,500 common shares, to be sold through Charles Schwab & Co. on the NYSE.
The shares to be sold are fully vested restricted stock issued on various dates under Scorpio Tankers Inc.’s Equity Incentive Plan in exchange for services. The filing reports an aggregate market value of about $4,820,015 for the shares and lists 50,081,352 shares of the issuer’s common stock outstanding as of the notice.
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Key Figures
Key Terms
Rule 144 regulatory
Restricted Stock financial
Equity Incentive Plan financial
FAQ
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What does the Form 144 filing for STNG disclose?
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