Form 4: INSW CEO Lois Zabrocky Sells 2,000 Shares
Statement of Changes in Beneficial Ownership
International Seaways CEO Lois Zabrocky sold 2,000 shares of common stock at a weighted average price of $74.57.
Summary
- Lois Zabrocky, President and CEO of International Seaways, Inc., sold 2,000 shares of common stock on April 15, 2026.
- The shares were sold at a weighted average price of $74.5716, with individual trade prices ranging from $73.75 to $75.45.
- Following this transaction, the reporting person maintains beneficial ownership of 206,745 shares.
- The sale was executed pursuant to a Rule 10b5-1 trading plan established on March 14, 2025.
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 mechanism for executive financial planning.
Positives
- The transaction was pre-planned under a Rule 10b5-1 trading plan, indicating the sale was not based on sudden material non-public information.
Negatives
- Insider selling can sometimes be perceived by the market as a lack of confidence in near-term share price appreciation.
Risks
- Market volatility affecting the share price of International Seaways, Inc. (INSW).
Future Outlook
No specific forward-looking guidance regarding company operations was provided in this filing.
Management Comments
- The reporting person has committed to providing full details regarding the number of shares and prices of the individual trades to the SEC, the Issuer, or security holders upon request.
Industry Context
StockSavvy.ai notes that insider sales executed via 10b5-1 plans are standard corporate practice for executives to manage personal liquidity and are generally viewed as neutral events by the investment community.
Comparison to Industry Standards
- The use of Rule 10b5-1 plans is a standard governance practice among S&P 500 and mid-cap executives to avoid potential insider trading allegations.
Stakeholder Impact
- Minimal impact expected 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 |
|---|---|
| 03/14/2025 | Date the Rule 10b5-1 trading plan was executed. |
| 04/15/2026 | Date of the reported stock sale transaction. |
| 04/17/2026 | Date the Form 4 was filed with the SEC. |
Keywords
INSW, International Seaways, Insider Trading, Form 4, Lois Zabrocky, Stock Sale
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