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

Lois Zabrocky, President and CEO of International Seaways, Inc., sold 2,000 shares of common stock at an average price of $34.6617 on March 17, 2025.

Summary

• On March 17, 2025, Lois K. Zabrocky, the President and CEO of International Seaways, Inc. (INSW), sold 2,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $34.6617 per share, with individual transactions occurring between $34.2400 and $35.0000.
• Following the transaction, Zabrocky directly owns 179,557 shares of International Seaways common stock.
• The sale was conducted under a Rule 10b5-1 trading plan established on May 10, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment towards the company's future.

Industry Context

Insider sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects. However, large or frequent sales can sometimes be viewed negatively by investors.

Stakeholder Impact

• The sale of shares by a high-ranking executive could potentially create uncertainty among shareholders, although the impact is likely to be minimal given the relatively small number of shares sold and the existence of a pre-arranged trading plan.

Key Dates