Form 4: International Seaways Director Randee E. Day Sells 2,706 Shares
SEC Form 4 Filing
Director Randee E. Day sold 2,706 shares of International Seaways, Inc. (INSW) on March 14, 2024, at a price of $52.395 per share.
Summary
- On March 14, 2024, Randee E. Day, a director of International Seaways, Inc. (INSW), sold 2,706 shares of common stock.
- The sale price was $52.395 per share.
- Following the transaction, Randee E. Day directly owns 20,045 shares of International Seaways, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. A director selling shares doesn't necessarily indicate a positive or negative outlook for the company. It could be for personal financial reasons.
Industry Context
This Form 4 filing is a routine disclosure of a transaction by a company insider. It provides transparency to the market regarding the trading activities of individuals with access to non-public information.
Stakeholder Impact
- The sale of shares by a director could have a minor psychological impact on shareholders, but the effect is likely to be minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of transaction: Randee E. Day sold shares of International Seaways, Inc. |
| 03/15/2024 | Date of signature on the Form 4 filing. |
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