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STNG insider sale notice: 321,098 vested shares via Computershare and BNP Paribas

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

Rhea-AI Filing Summary

Scorpio Tankers Inc. (STNG) filed a Form 144 notifying proposed sales of common stock totaling 321,098 shares, to be executed on 09/17/2025 through two brokers: Computershare Trust Company N.A. (151,304 shares, aggregate market value $9,297,630.80) and BNP Paribas (169,794 shares, aggregate market value $10,433,841.30). The reporting person acquired the shares on 03/31/2023 as fully vested restricted stock issued under an equity incentive plan and lists the acquisition amount as 321,098 shares with payment characterized as for services rendered. The filer reports no securities sold in the past three months and certifies they are not aware of undisclosed material adverse information about the issuer.

Positive

  • Full disclosure of acquisition details: acquisition date (03/31/2023), nature (fully vested restricted stock), and amount (321,098 shares) are provided
  • No sales in prior three months, which limits potential concern about an ongoing insider sell-off
  • Sale routed through two established brokers (Computershare and BNP Paribas) with specific share counts and aggregate market values disclosed

Negative

  • None.

Insights

TL;DR: Routine insider sale notice for vested restricted stock; transaction size is small relative to total outstanding shares.

The Form 144 documents an authorized sale of 321,098 shares on 09/17/2025 split between two brokers with stated market values. The shares were acquired as fully vested restricted stock on 03/31/2023 and tied to services rendered. With 51,016,290 shares outstanding reported on the form, the proposed sale represents roughly 0.63% of outstanding shares, indicating this is a routine liquidity event rather than a control change. No sales in the prior three months reduces immediate signaling of accelerated insider exit.

TL;DR: Compliance-focused filing that documents insider liquidity while confirming customary certifications.

The notice follows Rule 144 disclosure practices: it identifies acquisition source (equity incentive plan), acquisition date, and payment characterization. The filer affirms absence of undisclosed material adverse information and references trading-plan/10b5-1 considerations. The filing itself raises no governance red flags; it documents transparent reporting of an insider sale originating from vested compensation.

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 disclose?

The filing discloses a proposed sale of 321,098 common shares to occur on 09/17/2025, split between two brokers with stated aggregate market values.

When and how were the shares being sold acquired?

The shares were acquired on 03/31/2023 as fully vested restricted stock issued under an equity incentive plan; payment is characterized as for services rendered.

How large is the proposed sale relative to STNG's outstanding shares?

The form shows 51,016,290 shares outstanding; the proposed sale of 321,098 shares represents approximately 0.63% of outstanding shares.

Were there any securities sold by the filer in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

Does the filer affirm there is no undisclosed material information?

Yes. The filer signs a representation that they do not know any material adverse information about the issuer that has not been publicly disclosed.
Scorpio Tankers

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