Form 4: International Seaways CEO Lois Zabrocky Reports Stock Transactions Following RSU Vesting

Lois Zabrocky, President & CEO of International Seaways, reports the acquisition and disposal of common stock related to the vesting of restricted stock units on March 14, 2025.

Summary

• On March 14, 2025, Lois Zabrocky, the President & CEO of International Seaways, Inc. (INSW), acquired 6,346 shares of common stock due to the vesting of restricted stock units (RSUs) under the company's 2020 Management Incentive Compensation Plan.
• Simultaneously, 3,149 shares were withheld by INSW to cover the reporting person's tax withholding liability resulting from the vesting of these units.
• Following these transactions, Zabrocky directly owns 181,557 shares of INSW common stock and 12,693 restricted stock units.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects standard executive compensation practices and regulatory reporting.

Positives

• The vesting of restricted stock units indicates that the CEO is meeting performance criteria set by the company.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the alignment of management's interests with those of shareholders.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units that vest over time, aligning executive incentives with long-term company performance.
• Tax withholding on vesting RSUs is a standard practice.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect changes in executive stock ownership.

Key Dates