Scorpio Tankers (NYSE: STNG) director granted 7,500-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Camerana Niccolo reported acquisition or exercise transactions in this Form 4 filing.
Scorpio Tankers Inc. director Niccolo Camerana reported receiving a grant of 7,500 Common Shares as an equity award under the company’s 2013 Equity Incentive Plan. These shares are currently unvested and will vest in three 2,500-share installments between April 2027 and December 2028, bringing his reported holdings to 18,334 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Camerana Niccolo
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 7,500 | $626,025.00 | $4.70B |
Holdings After Transaction:
Common Shares — 18,334 shares (Direct, null)
Footnotes (1)
- 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. The total shares include 10,834.00 shares previously awarded under the 2013 Equity Incentive Plan of the Issuer.
Key Figures
Equity award: 7,500 shares
Holdings after award: 18,334 shares
Previously awarded shares: 10,834 shares
+3 more
6 metrics
Equity award
7,500 shares
Common Shares granted to director as award
Holdings after award
18,334 shares
Total Common Shares directly held after transaction
Previously awarded shares
10,834 shares
Earlier awards under 2013 Equity Incentive Plan
First vesting tranche
2,500 shares
Vests on April 7, 2027
Second vesting tranche
2,500 shares
Vests on December 1, 2027
Third vesting tranche
2,500 shares
Vests on December 1, 2028
Key Terms
2013 Equity Incentive Plan, unvested, vesting schedule, grant, award, or other acquisition
4 terms
2013 Equity Incentive Plan financial
"shares were awarded under the 2013 Equity Incentive Plan of the Issuer"
unvested financial
"7,500.00 shares were awarded under the 2013 Equity Incentive Plan of the Issuer and are currently unvested."
vesting schedule financial
"The vesting schedule is as follows: 2,500.00 shares on April 7, 2027."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Scorpio Tankers (STNG) director Niccolo Camerana report?
Director Niccolo Camerana reported an acquisition of 7,500 Common Shares of Scorpio Tankers Inc. as an equity award. The transaction is coded as a grant under a compensation plan, not an open-market purchase or sale.
Was Niccolo Camerana’s Scorpio Tankers (STNG) Form 4 transaction an open-market buy or sell?
The Form 4 reports a grant/award acquisition, coded as an "A" transaction, meaning shares were awarded as compensation. It is not classified as an open-market buy or sell transaction in the filing data.