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Shareholder of STNG (STNG) files Rule 144 to sell 271,438 common shares

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

Rhea-AI Filing Summary

A holder of 271,438 common shares of STNG has filed a Rule 144 notice to sell these shares through Ameriprise Financial Services, LLC. The shares have an stated aggregate market value of $17,296,029.36 and are planned to be sold on or about 02/13/2026 on the NYSE.

The securities were originally acquired as fully vested restricted stock issued on 03/31/2023 under an equity incentive plan, with “services rendered” listed as the form of payment. The filer represents that they do not know of any undisclosed material adverse information about the issuer.

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

How many STNG shares are planned to be sold under this Rule 144 notice?

The Rule 144 notice covers the potential sale of 271,438 common shares of STNG. These shares are to be sold through Ameriprise Financial Services, LLC as broker, with trading expected on the NYSE on or about February 13, 2026.

What is the aggregate market value of the STNG shares in this Rule 144 filing?

The notice lists an aggregate market value of $17,296,029.36 for the 271,438 STNG common shares. This figure reflects the market value used for the Rule 144 filing and is tied to the shares proposed for sale through the broker.

When were the STNG shares being sold under Rule 144 originally acquired?

The STNG common shares were acquired on March 31, 2023 as fully vested restricted stock under an equity incentive plan. The filing states that the consideration for these shares was “services rendered,” rather than a traditional cash purchase at that time.

On which exchange are the STNG shares in this Rule 144 filing expected to be sold?

The filing lists the NYSE as the exchange where the 271,438 STNG common shares may be sold. Ameriprise Financial Services, LLC, based in Boca Raton, Florida, is named as the broker handling these transactions under the Rule 144 notice.

How many STNG shares are stated as outstanding in this Rule 144 document?

The document states that 51,762,790 shares of the issuer’s common stock were outstanding. This figure is presented as a baseline share count in the securities information section alongside the specific amount proposed for sale under Rule 144.

What representation does the seller make about information on the STNG issuer?

By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed. This representation is a standard part of the Rule 144 notice language.
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