Form 4: Debra Grillo's INSW Stock Transactions

Debra Grillo, Treasurer at International Seaways, Inc., reported transactions involving the acquisition of common stock upon vesting of restricted stock units and subsequent withholding for tax liabilities.

Summary

• Debra Grillo, Treasurer of International Seaways, Inc. (INSW), reported the acquisition of 904 shares of common stock on July 2, 2026, due to the vesting of restricted stock units under the company's 2025 Management Incentive Plan.
• As part of the vesting settlement, 326 shares were withheld by International Seaways, Inc. to cover the reporting person's tax withholding liability.
• Following these transactions, Grillo beneficially owns 2,089 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine insider transactions related to equity compensation and tax obligations, without indicating significant positive or negative strategic shifts.

Positives

• Vesting of restricted stock units indicates employee compensation and potential alignment with company performance.
• Acquisition of shares by a key officer can signal confidence in the company's future.

Negatives

• Withholding of 326 shares for tax liabilities reduces the net shares acquired by the reporting person.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which primarily reports past transactions.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions in publicly traded companies, providing transparency into stock ownership changes by officers and directors. This filing for International Seaways, Inc. (INSW) is typical for reporting equity compensation vesting and associated tax implications.

Stakeholder Impact

• Shareholders: Increased transparency into insider holdings and compensation practices.
• Employees: The vesting of restricted stock units reflects a component of employee compensation and incentive structure.
• Management: The transaction details the personal financial implications of equity compensation for a key executive.

Key Dates

Keywords

Form 4, SEC Filing, International Seaways, INSW, Stock Transaction, Restricted Stock Units, Vesting, Tax Withholding, Beneficial Ownership, Debra Grillo