Scorpio Tankers (STNG) director discloses 17,500-share holding in Form 3
Rhea-AI Filing Summary
Scorpio Tankers Inc. director Kumar Sujata Parekh filed an initial ownership report showing holdings of 17,500 Common Shares. This Form 3 establishes his baseline equity position as a company insider.
The reported stake includes 10,834 shares awarded under the 2013 Equity Incentive Plan that are currently unvested, indicating a meaningful portion of his interest is tied to long-term incentive compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kumar Sujata Parekh
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 17,500 shares (Direct)
Footnotes (1)
- F1. Includes 10,834 shares awarded under 2013 Equity Incentive Plan which are currently unvested
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 3 filing for Scorpio Tankers (STNG) report for Kumar Sujata Parekh?
The Form 3 shows director Kumar Sujata Parekh beneficially owning 17,500 Common Shares of Scorpio Tankers Inc. This filing serves as his initial ownership statement as an insider, establishing a baseline equity position for future Form 4 or Form 5 updates.
What type of security does Kumar Sujata Parekh report in the Scorpio Tankers (STNG) Form 3?
He reports ownership of Common Shares of Scorpio Tankers Inc. The filing records 17,500 Common Shares held directly, with a footnote explaining that 10,834 of these are unvested awards under the company’s 2013 Equity Incentive Plan.