Form 4: Director Receives Stock Grant from International Seaways

Director Darron M. Anderson of International Seaways, Inc. received a grant of 1,842 shares of common stock under the company's 2020 Non-Employee Director Incentive Compensation Plan.

Summary

• Darron M. Anderson, a Director at International Seaways, Inc., was granted 1,842 shares of common stock on June 8, 2026.
• This grant was made under the company's 2020 Non-Employee Director Incentive Compensation Plan.
• The shares are subject to vesting on June 8, 2027, or the date of the annual stockholders' meeting in 2027, whichever comes first.
• Following this transaction, Mr. Anderson directly beneficially owns 6,957 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard director stock grant without providing new financial or strategic information.

Positives

• Director compensation through stock grants aligns the interests of management with shareholders.
• The grant is part of a structured incentive plan designed for non-employee directors.
• The vesting schedule encourages continued service and commitment to the company.

Future Outlook

The filing does not contain forward-looking statements or guidance. It solely reports a stock grant to a director.

Industry Context

StockSavvy.ai notes that stock grants to directors are a common practice in the shipping industry to ensure alignment of interests and incentivize long-term performance.

Related Party Transactions

• Grant of 1,842 shares of Common Stock to Director Darron M. Anderson under the company's 2020 Non-Employee Director Incentive Compensation Plan.

Stakeholder Impact

• Shareholders: The stock grant aligns director interests with those of shareholders by increasing the director's equity stake in the company.

Next Steps

• The granted shares will vest on June 8, 2027, or the date of the annual stockholders' meeting in 2027, whichever occurs first.

Key Dates

Keywords

Form 4, SEC Filing, International Seaways, INSW, Stock Grant, Director Compensation, Beneficial Ownership, Incentive Plan, Vesting Schedule