Form 4: INSW CEO Sells 2,000 Shares Under 10b5-1 Plan

International Seaways CEO Lois K Zabrocky sold 2,000 shares of common stock for approximately $55.17 per share as part of a pre-arranged trading plan.

Summary

• Lois K Zabrocky, President & CEO and Director of International Seaways, Inc. (INSW), reported a sale of common stock.
• The transaction involved 2,000 shares of INSW common stock.
• The shares were sold on January 15, 2026, at a weighted average price of $55.1708 per share.
• This sale was executed pursuant to a Rule 10b5-1 trading plan established by Ms. Zabrocky on March 14, 2025.
• Following this transaction, Ms. Zabrocky directly beneficially owns 180,421 shares of International Seaways common stock.

Sentiment

Score: 5

Explanation: Neutral to slightly negative. While an insider sale can be seen negatively, the execution under a pre-arranged 10b5-1 plan mitigates concerns about discretionary selling based on new, non-public information. It's a routine transaction for many executives.

Negatives

• An insider sale, even under a 10b5-1 plan, reduces the insider's direct ownership, which some investors might interpret as a lack of confidence, though this is mitigated by the pre-planned nature.

Risks

• Potential for negative market perception due to an insider sale, despite the existence of a Rule 10b5-1 plan, although this is typically minor for pre-scheduled transactions.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: May observe a slight decrease in insider ownership, potentially leading to minor sentiment shifts, though the 10b5-1 plan context reduces this impact.

Key Dates

Recommendation

This Form 4 reports a routine, pre-scheduled insider stock sale by the CEO under a Rule 10b5-1 trading plan. Such transactions are generally not indicative of a change in the company's fundamental outlook or the insider's confidence, as they are set up in advance to allow insiders to diversify holdings without concerns about material non-public information. Therefore, this specific filing alone does not provide sufficient new information to warrant a change from a 'hold' position, which implies maintaining current investment based on broader company fundamentals.

Keywords

International Seaways, INSW, Lois K Zabrocky, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, CEO, Director