Form 4: INSW CEO Lois Zabrocky Executes Stock Sale
Statement of Changes in Beneficial Ownership
International Seaways CEO Lois Zabrocky sold 2,000 shares of common stock at a weighted average price of $84.2259.
Summary
- Lois K. Zabrocky, President and CEO of International Seaways, Inc., sold 2,000 shares of common stock.
- The transaction occurred on May 15, 2026, at a weighted average price of $84.2259 per share.
- The sale was executed pursuant to a Rule 10b5-1 trading plan established on March 14, 2025.
- Following the transaction, the reporting person retains beneficial ownership of 179,745 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted through a pre-arranged 10b5-1 plan, which is a routine administrative action for executives.
Positives
- The transaction was pre-planned under a Rule 10b5-1 trading plan, indicating the sale was not based on non-public information.
Negatives
- The sale represents a reduction in the CEO's direct equity stake in the company.
Risks
- Market volatility may impact the value of remaining holdings.
Future Outlook
No specific forward-looking guidance regarding company operations was provided in this filing.
Industry Context
StockSavvy.ai notes that insider sales executed via 10b5-1 plans are standard corporate practice for liquidity and diversification, and generally do not signal a lack of confidence in the company's long-term prospects.
Comparison to Industry Standards
- The use of Rule 10b5-1 plans is a standard governance practice for executives in the shipping and energy transportation sectors to avoid potential insider trading concerns.
Stakeholder Impact
- Minimal impact on shareholders as the sale was pre-planned and represents a small fraction of the CEO's total holdings.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 2025-03-14 | Date the Rule 10b5-1 trading plan was executed. |
| 2026-05-15 | Date of the reported stock sale transaction. |
| 2026-05-18 | Date the Form 4 was signed and filed. |
Keywords
INSW, International Seaways, Insider Trading, Form 4, Lois Zabrocky, Stock Sale
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