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 a weighted average price of $38.1543 on May 15, 2025, according to a Form 4 filing.

Summary

• Lois K. Zabrocky, the President and CEO of International Seaways, Inc. (INSW), reported a transaction involving the sale of company stock.
• On May 15, 2025, Zabrocky sold 2,000 shares of common stock.
• The sale was executed at a weighted average price of $38.1543 per share.
• The transactions were executed in multiple trades at prices ranging from $37.8000 to $38.3500.
• Following the reported transaction, Zabrocky still beneficially owns 196,771 shares of International Seaways, Inc.
• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan executed on May 10, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction was executed under a pre-arranged trading plan, suggesting it's not necessarily indicative of a change in the CEO's outlook on the company. It's a routine transaction.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future prospects. A sale of shares by a CEO may be interpreted in various ways, but it's important to consider the context, such as the existence of a pre-arranged trading plan.

Stakeholder Impact

• The stock sale may cause short-term fluctuations in the stock price, but the overall impact on stakeholders is likely to be minimal given the pre-arranged nature of the transaction.

Key Dates

Keywords

International Seaways, INSW, Lois Zabrocky, Stock Sale, Form 4, Rule 10b5-1, Insider Trading