Scorpio Tankers holder files $11.1M stock sale notice
Rhea-AI Filing Summary
Scorpio Tankers Inc. (STNG) has a shareholder, Cameron K. Mackey, who filed a Form 144 notice to sell up to 125,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an indicated aggregate market value of $11,128,225, based on 50,081,000 shares outstanding and a prospective sale date of September 17, 2026 on the NYSE. The shares consist of fully vested restricted stock issued on various dates in 2021, 2022, 2023 and 2024 under an equity incentive plan in consideration for services rendered.
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Key Figures
Shares proposed to be sold: 125,000 shares
Aggregate market value of shares: $11,128,225
Shares outstanding: 50,081,000 shares
+4 more
7 metrics
Shares proposed to be sold
125,000 shares
Common stock covered by Cameron K. Mackey’s Form 144 notice
Aggregate market value of shares
$11,128,225
Value of 125,000 Scorpio Tankers Inc. shares proposed for sale
Shares outstanding
50,081,000 shares
Scorpio Tankers Inc. common shares outstanding used in the Form 144
Restricted stock from April 1, 2021 award
16,267 shares
Fully vested restricted stock issued for services rendered under an equity incentive plan
Restricted stock from April 7, 2022 award
35,827 shares
Fully vested restricted stock issued for services rendered under an equity incentive plan
Restricted stock from March 31, 2023 award
69,817 shares
Fully vested restricted stock issued for services rendered under an equity incentive plan
Restricted stock from April 11, 2024 award
3,089 shares
Fully vested restricted stock issued for services rendered under an equity incentive plan
Key Terms
Rule 144, restricted stock, equity incentive plan, aggregate market value, +1 more
5 terms
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.
restricted stock financial
"Fully vested restricted stock issued on various dates pursuant to an equity incentive plan"
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.
equity incentive plan financial
"restricted stock issued on various dates pursuant to an equity incentive plan"
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.
aggregate market value financial
"125000 | 11128225.00 | 50081000"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
services rendered financial
"3089 | 04/11/2024 | Services Rendered"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Scorpio Tankers Inc. (STNG) report in this Form 144 filing?
The filing reports that Cameron K. Mackey has given notice under Rule 144 of a proposed sale of up to 125,000 shares of Scorpio Tankers Inc. common stock through Morgan Stanley Smith Barney LLC on or after September 17, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.