Form 4: International Seaways CEO Lois Zabrocky Sells 2,000 Shares

Lois Zabrocky, President & CEO of International Seaways, Inc., sold 2,000 shares of common stock at an average price of $38.7031 on February 18, 2025, according to a Form 4 filing.

Summary

• Lois K. Zabrocky, the President & CEO of International Seaways, Inc. (INSW), sold 2,000 shares of the company's common stock on February 18, 2025.
• The sale was executed at a weighted average price of $38.7031 per share, with individual trades ranging from $38.4600 to $38.9800.
• Following the transaction, Zabrocky directly owns 145,045 shares of International Seaways common stock.
• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan established on May 10, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction was pre-planned under a 10b5-1 trading plan. It doesn't necessarily reflect a positive or negative outlook on the company's future.

Industry Context

Insider transactions are routinely monitored to gauge executive sentiment and potential future performance of the company. This sale represents a small percentage of Lois Zabrocky's holdings.

Stakeholder Impact

• The sale of shares by a key executive could be perceived negatively by some shareholders, although the existence of a pre-arranged trading plan mitigates this concern.

Key Dates

Keywords

International Seaways, INSW, Lois Zabrocky, stock sale, Form 4, Rule 10b5-1, insider trading