Form 4: International Seaways CAO James D. Small III Reports Stock Transactions Following Vesting of Performance Restricted Stock Units
SEC Form 4 Filing
James D. Small III, CAO, SVP, Secretary, and General Counsel of International Seaways, Inc., reports the acquisition and disposal of common stock related to the vesting of performance restricted stock units on February 29, 2024.
Summary
- On February 29, 2024, James D. Small III, a CAO, SVP, Secretary, and General Counsel at International Seaways, Inc. (INSW), acquired 11,180 shares of common stock due to the vesting of performance restricted stock units.
- Simultaneously, 6,084 shares were withheld by INSW to cover the reporting person's tax obligations resulting from the vesting.
- Following these transactions, Small directly owns 53,123 shares of INSW common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: vesting of performance restricted stock units and subsequent stock acquisition and tax withholding. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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