Scorpio Tankers (STNG) VP Lauro reports 474,250 common shares in Form 3
Rhea-AI Filing Summary
Scorpio Tankers Inc. vice president Filippo Lauro has filed an initial ownership report showing his equity stake in the company. The filing lists direct ownership of 474,250 common shares. This total includes 463,083 shares awarded under Scorpio Tankers’ 2013 Equity Incentive Plan that are currently unvested.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lauro Filippo
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 474,250 shares (Direct)
Footnotes (1)
- F1. Includes 463,083 shares awarded under 2013 Equity Incentive Plan of the Issuer, which are currently unvested
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Filippo Lauro’s Form 3 filing for Scorpio Tankers (STNG) show?
The Form 3 shows vice president Filippo Lauro as a direct owner of 474,250 common shares of Scorpio Tankers Inc. It is an initial ownership report, not a record of recent buying or selling activity.
Is there any buy or sell transaction reported for Scorpio Tankers (STNG) in this Form 3?
No transactions are reported. The entry is categorized as a holding with an unknown transaction code, indicating disclosure of existing ownership only. It does not show new purchases, sales, or option exercises by Filippo Lauro.
What type of security does Filippo Lauro report owning in Scorpio Tankers (STNG)?
He reports direct ownership of Common Shares of Scorpio Tankers Inc. All 474,250 reported shares are common equity, with a large portion consisting of unvested awards granted under the company’s 2013 Equity Incentive Plan.
What is the significance of a Form 3 for Scorpio Tankers (STNG) insiders like Filippo Lauro?
Form 3 is an initial statement of beneficial ownership for company insiders. It establishes the baseline number of Scorpio Tankers shares an officer like Filippo Lauro holds when they first become subject to insider reporting requirements.