Form 4: INSW Officer Sells 20,000 Shares Under 10b5-1 Plan

International Seaways' CAO, SVP, Secretary, and General Counsel, James D. Small III, sold 20,000 shares of common stock for approximately $1.5 million.

Summary

• James D. Small III, CAO, SVP, Secretary, and General Counsel of International Seaways, Inc. (INSW), sold 20,000 shares of common stock.
• The transaction occurred on March 4, 2026.
• The shares were sold at a weighted average price of $75.3748 per share, with individual trades ranging from $74.9500 to $75.8150.
• The total value of the sale was approximately $1,507,496.
• The sale was executed pursuant to a Rule 10b5-1(c) trading plan, indicating it was a pre-scheduled transaction.
• Following the transaction, James D. Small III directly beneficially owns 36,376 shares of International Seaways common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While an insider sale can sometimes be perceived negatively, the execution under a Rule 10b5-1 plan suggests a pre-arranged financial planning move rather than a reaction to new company-specific information.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, even those pre-planned under Rule 10b5-1, are routinely monitored by investors for potential signals regarding management's confidence in the company's future performance. This transaction involves a senior officer in the shipping industry.

Stakeholder Impact

• Shareholders may observe this transaction as part of routine insider activity, but it could also be scrutinized for any implications regarding management's long-term view of the company's stock value.

Key Dates

Recommendation

The sale by a senior officer, executed under a Rule 10b5-1 plan, is generally considered a pre-scheduled personal financial management event rather than a signal of a change in the company's fundamental outlook. It does not provide new information that would significantly alter the investment thesis for International Seaways, Inc.

Keywords

International Seaways, INSW, Insider Sale, Form 4, James D. Small III, Officer Transaction, 10b5-1 Plan, Common Stock