Scorpio Tankers director granted 7,500 shares
Kumar Sujata Parekh reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Kumar Sujata Parekh reported acquisition or exercise transactions in this Form 4 filing.
Scorpio Tankers Inc. director Kumar Sujata Parekh reported receiving an equity award of 7,500 Common Shares under the company’s 2013 Equity Incentive Plan. These shares are currently unvested and will vest in three equal installments. Following this award, Parekh’s direct holdings total 25,000 Common Shares, reflecting compensation-related grants rather than open‑market purchases.
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 number of shares is 25,000.00 (not 18,334.00) and includes 17,500.00 shares previously awarded under the 2013 Equity Incentive Plan of the Issuer.
Key Figures
Key Terms
2013 Equity Incentive Plan financial
unvested financial
vesting schedule financial
FAQ
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What insider transaction did Scorpio Tankers (STNG) report for Kumar Sujata Parekh?
Is the Scorpio Tankers (STNG) Form 4 transaction an open-market buy or a compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.