Form 4: CEO Lois Zabrocky Sells 25,000 INSW Shares
Statement of Changes in Beneficial Ownership
International Seaways CEO Lois Zabrocky sold 25,000 shares of common stock at a weighted average price of $88.0757.
Summary
- Lois K. Zabrocky, President and CEO of International Seaways, Inc., sold 25,000 shares of common stock.
- The transaction occurred on May 12, 2026.
- The shares were sold at a weighted average price of $88.0757, with individual trade prices ranging from $86.76 to $88.84.
- Following this transaction, the reporting person retains beneficial ownership of 181,745 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as insider sales are frequently routine and do not inherently indicate negative company performance.
Positives
- The CEO maintains a significant remaining equity stake of 181,745 shares in the company.
Negatives
- The sale represents a reduction in the CEO's direct ownership position.
Risks
- Insider selling can sometimes be perceived by the market as a signal of management's view on current valuation.
Future Outlook
Not applicable as this is a disclosure of an insider transaction rather than a forward-looking financial report.
Industry Context
StockSavvy.ai notes that insider selling by C-suite executives is a common occurrence for liquidity or personal financial planning and does not necessarily reflect a change in the company's operational outlook or industry standing.
Comparison to Industry Standards
- Insider transactions are standard regulatory filings for public companies in the shipping and energy transportation sector.
Stakeholder Impact
- Shareholders should note the change in insider ownership, though it does not impact company operations.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 05/12/2026 | Date of the reported stock sale transaction. |
| 05/13/2026 | Date the Form 4 was signed and filed. |
Keywords
INSW, International Seaways, Insider Trading, Form 4, Lois Zabrocky, Stock Sale
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