STOCK TITAN

Scorpio Tankers (STNG) director receives 7,500-share equity award with multi-year vesting

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 an equity award of 7,500 Common Shares on May 4, 2026 under the company’s 2013 Equity Incentive Plan. These shares are currently unvested and will vest in three equal tranches of 2,500 shares on April 7, 2027, December 1, 2027, and December 1, 2028. Following this grant, Parekh’s reported direct holdings total 18,334 Common Shares, including 10,834 shares previously awarded under the same plan.

Positive

  • None.

Negative

  • None.
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 — 18,334 shares (Direct, null)
Footnotes (1)
  1. 7,500.00 shares awarded on May 4, 2026 under the 2013 Equity Incentive Plan and are currently unvested. The 7,500.00 shares will vest 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 amount includes 10,834 shares previously awarded under the 2013 Equity Incentive Plan.
Share award size 7,500 shares Common Shares granted on May 4, 2026 under 2013 Equity Incentive Plan
Post-grant holdings 18,334 shares Total Common Shares directly held following the May 4, 2026 award
Previously awarded shares 10,834 shares Common Shares previously awarded under the 2013 Equity Incentive Plan
First vesting tranche 2,500 shares Vest on April 7, 2027 from the 7,500-share award
Second vesting tranche 2,500 shares Vest on December 1, 2027 from the 7,500-share award
Third vesting tranche 2,500 shares Vest on December 1, 2028 from the 7,500-share award
2013 Equity Incentive Plan financial
"7,500.00 shares awarded on May 4, 2026 under the 2013 Equity Incentive Plan"
unvested financial
"7,500.00 shares awarded on May 4, 2026 under the 2013 Equity Incentive Plan and are currently unvested"
vest financial
"The 7,500.00 shares will vest as follows: 2,500.00 shares on April 7, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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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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$626,02518,334(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 awarded on May 4, 2026 under the 2013 Equity Incentive Plan and are currently unvested. The 7,500.00 shares will vest 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 amount includes 10,834 shares previously awarded under the 2013 Equity Incentive Plan.
Sujat Parekh Kumar06/05/2026
** 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 an award of 7,500 Common Shares on May 4, 2026. The shares were granted under the 2013 Equity Incentive Plan as equity compensation and are currently unvested, subject to a defined vesting schedule.

How do the 7,500 awarded Scorpio Tankers (STNG) shares vest for Kumar Sujata Parekh?

The 7,500 awarded shares vest in three equal tranches of 2,500 shares. Vesting dates are April 7, 2027, December 1, 2027, and December 1, 2028, providing a multi‑year incentive structure tied to continued service with Scorpio Tankers.

What are Kumar Sujata Parekh’s total reported Scorpio Tankers (STNG) holdings after this grant?

After the May 4, 2026 award, Kumar Sujata Parekh is reported to hold 18,334 Scorpio Tankers Common Shares directly. This figure includes 10,834 shares that were previously awarded under the company’s 2013 Equity Incentive Plan, plus the newly granted 7,500 shares.

Is the Scorpio Tankers (STNG) Form 4 transaction an open‑market purchase or a share award?

The Form 4 transaction is a share award, not an open‑market purchase. It is coded as a grant or award acquisition under the 2013 Equity Incentive Plan, meaning the director received shares as compensation rather than buying them in the market.

What plan governs the 7,500-share award to Scorpio Tankers (STNG) director Kumar Sujata Parekh?

The 7,500-share award to director Kumar Sujata Parekh was granted under Scorpio Tankers’ 2013 Equity Incentive Plan. This plan is used to provide equity-based compensation, with awards often subject to vesting conditions tied to service or performance.