STOCK TITAN

Scorpio Tankers director plans $1.2M share sale

Scorpio Tankers Inc. (STNG) received a notice that director Marianne Okland plans to sell 15,000 common shares under Rule 144 through Citigroup Global Markets, Inc..

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Scorpio Tankers Inc. (STNG) received a notice that director Marianne Okland plans to sell 15,000 common shares under Rule 144 through Citigroup Global Markets, Inc.. The proposed sale has an approximate aggregate value of $1,189,800, with the shares listed on the NYSE.

The shares to be sold were issued as fully vested restricted stock on various dates under Scorpio Tankers Inc.’s equity incentive plan in consideration for services rendered. The filing also reports that in the past three months, Okland sold an additional 15,000 common shares for aggregate proceeds of $1,230,436 on June 22, 2026.

Positive

  • None.

Negative

  • None.
Common shares planned for sale 15,000 shares Planned Rule 144 sale by director Marianne Okland
Aggregate market value of planned sale $1,189,800.00 Estimated value of 15,000 common shares to be sold
Shares sold in past 3 months 15,000 shares Common shares sold on 06/22/2026
Aggregate proceeds from prior sale $1,230,436.00 Value of 15,000 common shares sold on 06/22/2026
Date shares acquired 12/29/2020 Date of fully vested restricted stock issuance under Equity Incentive Plan
Planned sale execution deadline 09/01/2026 Date associated with proposed sale on NYSE
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Equity Incentive Plan financial
"Pursuant to the Equity Incentive Plan of the Issuer"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Restricted Stock financial
"Fully Vested Restricted Stock Issued on Various Dates"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

FAQ

What does the Form 144 filing disclose for Scorpio Tankers Inc. (STNG)?

It discloses that director Marianne Okland plans to sell 15,000 common shares of Scorpio Tankers Inc. under Rule 144 through Citigroup Global Markets, Inc., with an approximate aggregate value of $1,189,800, and provides details of recent prior sales.

How many STNG shares is Marianne Okland planning to sell under this Form 144?

Marianne Okland is planning to sell 15,000 common shares of Scorpio Tankers Inc. under this Form 144 notice, with the shares to be sold on the NYSE through Citigroup Global Markets, Inc.

What is the approximate value of the planned share sale for STNG in this Form 144?

The planned sale of 15,000 common shares has an approximate aggregate market value of $1,189,800, implying a per-share value of about $79.32 based on the figures in the notice.

What prior STNG share sales by Marianne Okland are reported in the last 3 months?

The notice reports that on June 22, 2026, Marianne Okland sold 15,000 common shares of Scorpio Tankers Inc. for aggregate proceeds of $1,230,436 during the past three months.

How did Marianne Okland originally acquire the STNG shares being sold?

The 15,000 common shares to be sold were acquired as fully vested restricted stock issued on various dates under the Equity Incentive Plan of the Issuer in consideration for services rendered to Scorpio Tankers Inc.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

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