Scorpio Tankers (STNG) director reports 7,900-share equity position in Form 3
Rhea-AI Filing Summary
Scorpio Tankers Inc. director Berit Ledel Henriksen filed an initial ownership report showing holdings of 7,900 Common Shares. This includes 7,500 shares awarded under the company’s 2013 Equity Incentive Plan that are currently unvested, indicating most of the reported stake comes from equity compensation rather than open-market activity.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
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FAQ
What does the Form 3 filing for STNG disclose about Berit Ledel Henriksen?
The Form 3 shows that director Berit Ledel Henriksen holds 7,900 Scorpio Tankers Inc. Common Shares. The filing is an initial ownership report, not a record of recent share purchases or sales, and establishes her starting equity position as a director.
What are unvested equity awards mentioned in the STNG Form 3?
The Form 3 notes that 7,500 shares are unvested awards under the 2013 Equity Incentive Plan. Unvested awards typically become fully owned over time if service or performance conditions are met, aligning the director’s interests with long-term company performance.
Does the STNG Form 3 show any recent insider buying or selling by Henriksen?
No specific purchases or sales are detailed; the Form 3 functions as an initial ownership statement. It records that Berit Ledel Henriksen directly holds 7,900 Common Shares, including 7,500 unvested award shares, without describing any recent trading activity.