Form 4: INSW CEO's Stock Vesting Adds 3,278 Shares

International Seaways, Inc. President and CEO, Lois K. Zabrocky, acquired 3,278 net shares of common stock following the vesting of restricted stock units.

Summary

• Lois K. Zabrocky, President & CEO and Director of International Seaways, Inc. (INSW), reported changes in beneficial ownership.
• On March 13, 2026, 6,346 restricted stock units (RSUs) vested under the International Seaways, Inc. 2020 Management Incentive Compensation Plan.
• These vested RSUs were settled in 6,346 shares of common stock.
• Concurrently, 3,068 shares were withheld by INSW to cover tax withholding liabilities incurred as a result of the vesting.
• Following these transactions, Zabrocky directly beneficially owns 210,745 shares of common stock.
• Additionally, Zabrocky beneficially owns 6,347 derivative securities, which are restricted stock units.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive event, as it represents a scheduled compensation payout to a key executive, increasing their direct equity stake and aligning interests, despite the tax-related share withholding.

Positives

• Vesting of 6,346 restricted stock units indicates successful achievement of compensation plan milestones.
• Increased direct beneficial ownership of common stock by 3,278 net shares (6,346 acquired 3,068 withheld) by a key executive, aligning interests with shareholders.

Negatives

• 3,068 shares were withheld by International Seaways, Inc. for tax purposes, reducing the net shares acquired from the vesting event.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to executive compensation like RSU vesting, are common across industries. While this specific filing doesn't provide broader industry context, such events reflect standard executive incentive structures aimed at aligning management interests with shareholder value.

Stakeholder Impact

• Shareholders: Increased alignment of executive interests with shareholder value due to increased direct equity ownership.
• Employees: Reinforces the company's compensation structure for executives.

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event (RSU vesting) and does not present new information that would fundamentally alter the investment thesis for International Seaways, Inc. It reflects standard practice and a slight increase in insider ownership, which is generally neutral to slightly positive, thus warranting a 'hold' recommendation based solely on this filing.

Keywords

International Seaways, INSW, Lois K Zabrocky, Form 4, Restricted Stock Units, RSU vesting, Insider transaction, Common Stock, Executive compensation, Beneficial ownership