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

Sentiment:

Insider Transaction Report


International Seaways' SVP & CFO, Jeffrey Pribor, sold 1,000 shares of common stock for $66.5 per share, executed under a pre-arranged 10b5-1 trading plan.

Summary

  • Jeffrey Pribor, SVP & CFO of International Seaways, Inc. (INSW), reported a sale of common stock.
  • The transaction involved 1,000 shares of INSW common stock.
  • The shares were sold at a price of $66.5 per share.
  • The sale was executed on March 16, 2026.
  • This transaction was conducted pursuant to a Rule 10b5-1 trading plan established on May 23, 2025.
  • Following the transaction, Jeffrey Pribor directly beneficially owns 100,521 shares of International Seaways, Inc. common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. Insider sales under a pre-arranged 10b5-1 plan are common and typically do not signal a change in company fundamentals or management's confidence.

Industry Context

StockSavvy.ai notes that insider sales under a 10b5-1 plan are pre-scheduled and often reflect personal financial planning rather than a change in management's outlook on the company's prospects. Such plans are designed to allow insiders to sell shares without being accused of trading on material non-public information.

Stakeholder Impact

  • Shareholders may observe a slight decrease in insider ownership, though the impact is generally minimal given the pre-planned nature of the sale and the relatively small number of shares compared to total outstanding shares.

Key Dates

DateDescription
05/23/2025Date Rule 10b5-1 trading plan was executed by the reporting person.
03/16/2026Date of the reported transaction (sale of common stock).
03/17/2026Date the Form 4 was signed.

Keywords

International Seaways, INSW, Jeffrey Pribor, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, CFO, Common Stock

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