STOCK TITAN

Scorpio Tankers (NYSE: STNG) director receives 7,500-share equity award grant

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

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Insider Kumar Sujata Parekh
Role null
Type Security Shares Price Value
Grant/Award Common Shares 7,500 $626,025.00 $4.70B
Holdings After Transaction: Common Shares — 25,000 shares (Direct, null)
Footnotes (1)
  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 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.
Equity award granted 7,500 Common Shares Grant/award acquisition reported on Form 4
Holdings after transaction 25,000 Common Shares Total direct shares following the award
Previously awarded shares 17,500 Common Shares Earlier grants under 2013 Equity Incentive Plan
First vesting tranche 2,500 shares Vesting on April 7, 2027
Second vesting tranche 2,500 shares Vesting on December 1, 2027
Third vesting tranche 2,500 shares Vesting on December 1, 2028
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 ... 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.
Common Shares financial
"security_title: Common Shares"
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kumar Sujata Parekh

(Last)(First)(Middle)
20 BHARATIYA BHAVAN
72 MARINE DRIVE

(Street)
MUMBAI40020

(City)(State)(Zip)

INDIA

(Country)
2. Issuer Name and Ticker or Trading Symbol
Scorpio Tankers Inc. [ STNG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares05/04/2026A(1)7,500(1)A$626,02525,000(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
Sujat Parekh Kumar06/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Scorpio Tankers (STNG) report for Kumar Sujata Parekh?

Scorpio Tankers reported that director Kumar Sujata Parekh received a grant of 7,500 Common Shares as an equity award. The award was made under the company’s 2013 Equity Incentive Plan and represents compensation, not an open‑market share purchase.

How many Scorpio Tankers (STNG) shares did the director hold after the award?

After the reported equity award, director Kumar Sujata Parekh directly holds a total of 25,000 Common Shares. This figure includes 17,500 shares that were previously awarded under Scorpio Tankers’ 2013 Equity Incentive Plan in earlier compensation grants.

What is the vesting schedule for the 7,500 Scorpio Tankers (STNG) shares granted?

The 7,500 awarded Common Shares are unvested and will vest in three equal tranches of 2,500 shares. Vesting dates are April 7, 2027, December 1, 2027, and December 1, 2028, tying the director’s compensation to longer‑term service with the company.

Are the newly granted Scorpio Tankers (STNG) shares fully owned by the director today?

No, the 7,500 Common Shares granted to director Kumar Sujata Parekh are currently unvested. Ownership of these shares becomes effective over time as they vest in three installments between April 2027 and December 2028 under the company’s equity plan.

Is the Scorpio Tankers (STNG) Form 4 transaction an open-market buy or a compensation grant?

The Form 4 transaction is a compensation-related equity grant, not an open-market purchase. It is coded as a grant or award acquisition, reflecting shares issued under Scorpio Tankers’ 2013 Equity Incentive Plan with a future vesting schedule.