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 $31.6585 on April 15, 2025, according to a Form 4 filing.

Summary

• On April 15, 2025, Lois K. Zabrocky, the President & 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 $31.6585 per share, with individual transactions ranging from $31.4000 to $32.3200.
• Following the transaction, Zabrocky directly owns 198,771 shares of International Seaways, Inc.
• 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, suggesting it's not necessarily indicative of the CEO's current outlook on the company's performance.

Industry Context

Insider transactions are routinely monitored by investors as they can provide signals, though not always definitive, about a company's prospects. A sale by the CEO might be interpreted negatively, but the existence of a pre-arranged trading plan mitigates this concern.

Stakeholder Impact

• The sale of shares by the CEO could cause short-term uncertainty among shareholders.
• However, the pre-planned nature of the sale mitigates potential negative interpretations.

Key Dates

Keywords

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