Form 4: International Seaways Director Sells 6,000 Shares
SEC Form 4 Filing
Alexandra Kate Blankenship, a director of International Seaways, Inc. (INSW), sold 6,000 shares of common stock on March 8, 2024, at a weighted average price of $53.0865.
Summary
- On March 8, 2024, Alexandra Kate Blankenship, a director at International Seaways, Inc. (INSW), sold 6,000 shares of the company's common stock.
- The sale was executed in multiple trades at prices ranging from $52.79 to $53.21, with a weighted average sale price of $53.0865.
- Following the transaction, Blankenship directly owns 19,098 shares of International Seaways, Inc.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity and doesn't necessarily indicate a broader trend in the shipping industry.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but is unlikely to be significant given the size of the transaction relative to the company's overall market capitalization.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of the transaction: Alexandra Kate Blankenship sold 6,000 shares of International Seaways, Inc. common stock. |
| 03/11/2024 | Date of the report filing. |
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