Scorpio Tankers (NYSE: STNG) awards 7,500 shares to board director
Rhea-AI Filing Summary
Okland Marianne reported acquisition or exercise transactions in this Form 4 filing.
Scorpio Tankers Inc. director Marianne Okland reported receiving an award of 7,500 Common Shares as equity compensation. These shares are currently unvested and were granted under the company’s 2013 Equity Incentive Plan. After this grant, she holds a total of 77,668 Common Shares.
The 7,500-share award vests in three equal installments of 2,500 shares on April 7, 2027, December 1, 2027, and December 1, 2028, subject to plan terms. The reported total of 77,668 shares includes 70,168 shares from earlier awards under the same plan, indicating that this filing reflects ongoing, compensation-related equity grants rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 7,500 | $626,025.00 as filed | -- |
- Price shown as filed: $626,025.00 per share is far above the $83.27 close on May 4, 2026, so no transaction value is shown. The reported figure matches the total consideration, which implies about $83.47 per share.
Footnotes (2)
- F1. 7,500.00 shares were awarded under the 2013 Equity Incentive Plan of the Issuer and are currently unvested. The vesting schedule is as follows: 2,500.00 shares on April 7, 2027. 2,500.00 shares on December 1, 2027. 2,500.00 shares on December 1, 2028.
- F2. The total shares include 70,168.00 shares previously awarded under the 2013 Equity Incentive Plan of the Issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.