Form 4: International Seaways Executive James D. Small III Reports Stock Transactions

James D. Small III, CAO, SVP, Sec. & General Counsel of International Seaways, Inc., reports the vesting and settlement of restricted stock units resulting in the acquisition and disposal of common stock to cover tax obligations.

Summary

• On April 7, 2025, James D. Small III, an officer of International Seaways, Inc., had 15,301 restricted stock units vest and settle into common stock.
• These units vested under the company's 2020 Management Incentive Compensation Plan.
• Of the 15,301 shares acquired, 8,224 shares were withheld by International Seaways to cover the reporting person's tax liabilities.
• Following these transactions, Small directly owns 74,292 shares of International Seaways common stock.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect changes in insider ownership.

Key Dates

Keywords

International Seaways, INSW, Form 4, James D. Small III, Restricted Stock Units, Beneficial Ownership, Stock Transactions, Vesting, Tax Withholding