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Insider plans 34,000-share sale in Scorpio Tankers (STNG) via Rule 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Scorpio Tankers Inc. insider plans to sell shares under Rule 144. A holder intends to sell 34,000 shares of common stock on the NYSE through Charles Schwab & Co., with an aggregate market value of $2,377,960.00. The shares were originally acquired on 03/31/2023 as equity compensation from the issuer. Common shares outstanding were 49,923,042 at the time referenced in the notice.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Scorpio Tankers (STNG) Form 144 filing disclose?

The Form 144 discloses an insider’s intent to sell 34,000 Scorpio Tankers common shares on the NYSE. The planned sale has an aggregate market value of $2,377,960.00 and is to be executed through Charles Schwab & Co. under Rule 144 resale provisions.

How many Scorpio Tankers (STNG) shares are being sold under this Form 144?

The filing indicates a planned sale of 34,000 Scorpio Tankers common shares. These shares were acquired as equity compensation on 03/31/2023 from the issuer and are proposed to be sold on the NYSE via Charles Schwab & Co. on or around 02/13/2026.

What is the market value of the Scorpio Tankers (STNG) shares in this Form 144?

The Form 144 shows an aggregate market value of $2,377,960.00 for the 34,000 common shares to be sold. This figure reflects the market price at the time used in the notice for calculating the value of the proposed Rule 144 sale.

How were the Scorpio Tankers (STNG) shares in this Form 144 originally acquired?

According to the filing, the 34,000 common shares were acquired as equity compensation from the issuer on 03/31/2023. Both the acquisition date and the payment date are listed as the same, with the nature of payment described as equity compensation rather than a cash purchase.

How many Scorpio Tankers (STNG) common shares are outstanding in this notice?

The Form 144 states that 49,923,042 common shares of Scorpio Tankers were outstanding at the time referenced. This outstanding share count provides context for evaluating the relative size of the proposed 34,000-share Rule 144 sale by the reporting person.

Which broker and exchange are used for the Scorpio Tankers (STNG) Form 144 sale?

The notice identifies Charles Schwab & Co., located at 3000 Schwab Way, Westlake, TX 76262, as the broker for the transaction. The 34,000 common shares are proposed to be sold on the NYSE, which is listed as the relevant securities exchange.
Scorpio Tankers

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